Taxes
- Report
Testimony on the Accuracy of CBO’s Recent Baseline Projections
CBO Director Phillip Swagel testifies before the House Committee on the Budget.
- Report
Effects of No GDP Growth on Federal Deficits
CBO was asked what the effects on federal deficits would be if the economy was stagnant over two years. The agency created two scenarios with no growth of gross domestic product adjusted to remove the effects of inflation.
- Interactive
How Increasing the Federal Minimum Wage Could Affect Employment and Family Income
This interactive tool, updated in January 30, 2024, allows users to explore how various policies to increase the federal minimum wage would affect earnings, employment, family income, and poverty.
- Cost Estimate
H.R. 6408, a bill to amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations
As reported by the House Committee on Ways and Means on
December 19, 2023 - Cost Estimate
H.R. 7024, Tax Relief for American Families and Workers Act of 2024
As reported by the House Committee on Ways and Means on
January 23, 2024 - Blog Post
CBO to Release Budget and Economic Outlook on February 7
CBO will release "The Budget and Economic Outlook: 2024 to 2034" at 2 p.m. EST on February 7.
- Cost Estimate
H.R. 5863, Federal Disaster Tax Relief Act of 2023
As ordered reported by the House Committee on Ways and Means on November 2, 2023
- Cost Estimate
H.R. 5988, United States-Taiwan Expedited Double-Tax Relief Act
As reported by the House Committee on Ways and Means on
December 12, 2023 - Presentation
Using Multiple Data Sources to Learn About the Race and Ethnicity of Taxpayers
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
H.R. 5687, HSA Modernization Act of 2023
As ordered reported by the House Committee on Ways and Means on September 28, 2023