Tax Credits
- Report
Budgetary Outcomes Under Alternative Assumptions About Spending and Revenues
CBO provides information about how its most recent budget projections would change under different assumptions about future legislated policies.
- Report
The Budget and Economic Outlook: 2023 to 2033
In CBO’s projections, the federal deficit totals $1.4 trillion in 2023 and averages $2.0 trillion per year from 2024 to 2033. Real GDP growth comes to a halt in 2023 and then rebounds, averaging 2.4 percent from 2024 to 2027.
- Working Paper
Current Work on the Distributional Analysis of Household Income Resulting From Policy Changes: Working Paper 2022-09
This paper introduces a standardized framework to analyze how policy changes alter the distribution of household income to complement CBO’s analyses of policy changes’ budgetary and economic effects.
- Report
Emissions of Carbon Dioxide in the Electric Power Sector
CBO describes recent trends in carbon dioxide (CO2) emissions in the electric power sector, changes in how electric power is produced and the reasons for those changes, and expectations for future CO2 emissions in that sector.
- Report
Emissions of Carbon Dioxide in the Transportation Sector
CBO provides an overview of emissions of carbon dioxide (CO2, the most common greenhouse gas) in the transportation sector, describing the sources of and trends in such emissions and projecting their future path.
- Report
Options for Reducing the Deficit, 2023 to 2032--Volume I: Larger Reductions
CBO issues a volume describing 17 policy options that would each reduce the federal budget deficit by more than $300 billion over the next 10 years or, in the case of Social Security options, have a comparably large effect in later decades.
- Report
Options for Reducing the Deficit, 2023 to 2032--Volume II: Smaller Reductions
CBO issues a volume that contains short descriptions of 59 policy options that would each reduce the federal budget deficit by less than $300 billion over the next 10 years.
- Report
The Distribution of Household Income, 2019
CBO regularly analyzes the distribution of income in the United States and how it has changed over time. This report presents the distributions of household income, means-tested transfers, and federal taxes between 1979 and 2019.
- Report
CBO’s Use of the Income and Payroll Tax Offset in Its Budget Projections and Cost Estimates
CBO explains why it uses an income and payroll tax offset when estimating the budgetary effects of changes in indirect taxes, how the rate of the offset is set, and how it is applied in cost estimates and in baseline projections of revenues.
- Report
Policy Approaches to Reduce What Commercial Insurers Pay for Hospitals’ and Physicians’ Services
CBO identified policy approaches that federal lawmakers could adopt to reduce the prices that commercial insurers pay for hospitals’ and physicians’ services, thereby lowering health insurance premiums and the cost of federal subsidies.