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- Report
CBO analyzed the effects on the budget and the economy of eight scenarios that differ from those underlying the agency’s extended baseline—six that vary economic conditions and two that vary budgetary conditions.
- Report
CBO focused on households’ consumption of a bundle of typical goods and services from 2019 to compare purchasing power in 2019 with that in 2023. On average, purchasing power increased, but the effects of inflation varied by income group.
- Report
CBO describes economic outcomes of veterans who are Black, male, and working age and whose service began during or after 1990. CBO compares the outcomes of that group with outcomes of Black nonveterans and White veterans from 2017 to 2019.
- Report
In CBO’s projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 percent of GDP. Economic growth slows to 1.5 percent in 2024 and then continues at a moderate pace.
- Recurring Data
- Recurring Data
- Cost Estimate
As ordered reported by the House Committee on Veterans’ Affairs on December 5, 2023
- Presentation
Presentation by CBO analysts Rebecca Heller, Shannon Mok, and James Pearce, and Census Bureau research economist Jonathan Rothbaum at the American Economic Association Annual Meeting, Committee on Economic Statistics.
- Cost Estimate
As introduced on July 25, 2023
- Report
CBO compared the earnings, personal income, and household income of working-age male veterans who received disability payments from the Department of Veterans Affairs with those of veterans who did not receive such payments.