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- Blog Post
Transparency is a top priority for CBO. The agency has long been dedicated to clearly explaining its analyses, and CBO has continued to bolster its efforts to be transparent over the past year.
- Blog Post
Last Friday, members of CBO’s staff gave a public presentation of an unusual kind: not testimony at a Congressional hearing or a summary of research at an academic conference, but 30 minutes of holiday songs as part of the National Park Service’s National Christmas Tree Music Program.
- Blog Post
As part of a continuing effort to increase transparency, CBO has improved the section of our website that contains cost estimates with several new features.
- Blog Post
CBO Director Phill Swagel attended an event at the University of Maryland honoring Professor Allen Schick, who is retiring after teaching there for many years, and spoke about the conflicts that have arisen in federal budgeting, the important nonpartisan role that CBO plays, and the fiscal challenges facing our nation.
- Blog Post
This tool demonstrates the effects of policies that would increase the federal minimum wage. Users can also create custom policy options to examine how different approaches to changing the minimum wage would affect earnings, employment, family income, and poverty.
- Blog Post
In a presentation before the Treasury Borrowing Advisory Committee, CBO Director Phillip Swagel spoke about CBO’s latest 10-year budget and economic projections.
- Blog Post
CBO Director Phill Swagel spoke about the agency's latest 10-year budget and economic projections at an event hosted by the Center for Strategic Tax Reform and on a panel discussion at IHS Markit’s 2019 Economic Policy Summit. CBO's Director discussed many of the same issues last week in a presentation at PwC.
- Blog Post
Since I joined CBO four months ago, it has been a great treat for me to work with and learn from its skilled, knowledgeable, and dedicated people. Some of the issues at CBO have been new to me, but the budgetary challenge that the nation faces is all too familiar.
- Blog Post
In CBO’s newly published economic projections, higher trade barriers—in particular, increases in tariff rates—implemented by the United States and its trading partners since January 2018 reduce the level of real (that is, inflation-adjusted) U.S. gross domestic product by roughly 0.3 percent by 2020.
- Blog Post
If current laws governing federal taxes and spending generally remained in place, the economy would expand by 2.3 percent this year and then grow at an average annual rate of 1.8 percent over the next decade, CBO projects.