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- Report
The federal budget typically records a surplus in April because final tax payments for the prior year and estimated payments for the current year are usually due on April 15. But this year, the government incurred a deficit of $737 billion in April, CBO estimates, compared with a surplus of $160 billion last year.
- Presentation
Presentation by Phillip Swagel, CBO’s Director, to the Committee on the Budget, U.S. House of Representatives.
- Blog Post
CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.
- Cost Estimate
As passed by the Senate on April 21, 2020
- Cost Estimate
As enacted on March 27, 2020, as Public Law 116-136
- Report
Each quarter, CBO provides information about its work in progress. As of March 31, the agency was working on 159 cost estimates for legislation in addition to 25 analytic products.
- Cost Estimate
Enacted as Public Law 116-127 on March 18, 2020
- Blog Post
As a result of the continued disruption of commerce stemming from the coronavirus pandemic, CBO expects the unemployment rate to exceed 10 percent as gross domestic product declines during the second quarter.
- Cost Estimate
As posted on the website of the House Committee on Appropriations on March 4, 2020