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- Blog Post
This blog post explains how CBO assesses the macroeconomic effects of changes in federal spending for research and development. It also highlights areas in which additional research would enhance CBO’s capacity to evaluate such spending.
- Report
In CBO’s projections, the economy grows relatively quickly this year and next and then more slowly in the following several years. The federal budget deficit rises substantially, boosting federal debt to nearly 100 percent of GDP by 2028.
- Report
On January 24, the Senate Budget Committee convened a hearing at which Director Keith Hall testified about CBO’s work in 2017 and its future plans. This document provides CBO’s answers to questions submitted for the record.
- Cost Estimate
As introduced in the Senate on July 20, 2017
- Cost Estimate
As introduced in the House of Representatives on July 26, 2017
- Report
Under budgetary paths (not particular policies) specified by Senator Enzi, deficits would be smaller than projected in CBO’s baseline. Such deficit reductions would lower economic output in the next few years but raise it thereafter.
- Cost Estimate
As ordered reported by the House Committee on the Judiciary on May 24, 2017
- Report
The Senate Appropriations Committee convened a hearing at which Director Keith Hall testified about CBO’s appropriation request for fiscal year 2018. This document provides CBO’s answers to questions submitted for the record.
- Cost Estimate
As passed by the House of Representatives on May 23, 2017
- Blog Post
Members of Congress recently asked CBO’s Director how the agency analyzes potential changes to immigration policy. This blog post highlights the factors CBO considers when estimating the budgetary and economic effects of such policies.