President's Budget

  • Report

    Long-Term Implications of the 2024 Future Years Defense Program

    CBO analyzes the Department of Defense’s plans for 2024 through 2028 as presented in the 2024 Future Years Defense Program. Under those plans, CBO projects, defense costs would increase by 10 percent between 2028 and 2038.

  • Report

    An Analysis of the Discretionary Spending Proposals in the President’s 2024 Budget

    CBO examines how the discretionary spending proposals in the President’s 2024 budget compare with CBO’s most recent baseline budget projections, which span 2023 to 2033.

  • Report

    Long-Term Implications of the 2023 Future Years Defense Program

    CBO analyzes the Department of Defense’s (DoD’s) plans for 2023 through 2027 as presented in the 2023 Future Years Defense Program and projects that DoD’s costs would increase by 9 percent from 2027 to 2037 without the effects of inflation.

  • Report

    An Analysis of the President’s 2023 Budget

    Under the President’s proposals, the cumulative deficit for the 2023-2032 period would be $2.6 trillion smaller than it is in CBO’s baseline projections because revenues would be higher and spending lower.

  • Report

    An Analysis of the Discretionary Spending Proposals in the President’s 2023 Budget

    CBO examines how the discretionary spending proposals in the President's 2023 budget compare with CBO’s most recent baseline budget projections, which span 2022 to 2032.

  • Report

    An Analysis of Certain Proposals in the President’s 2022 Budget

    CBO analyzed the Administration’s request for discretionary funding and some proposals that affect mandatory spending. The need for CBO to support ongoing legislative activity prevented the agency from completing a comprehensive analysis.

  • Report

    An Analysis of the President's 2021 Budget

    On February 10, the Administration transmitted its annual set of budgetary proposals to the Congress. CBO estimates that in the coming decade deficits under those proposals would be smaller and debt held by the public would be lower than amounts in CBO’s baseline projections—but larger than the Administration projected. CBO’s estimates do not account for changes to the nation’s economic or fiscal outlook arising from the recent public health emergency.

  • Report

    An Analysis of the President’s 2020 Budget

    Under the President’s proposals, deficits would total $9.9 trillion over the 2020–2029 period, $1.5 trillion less than the deficits in CBO’s current-law baseline. Federal debt held by the public would increase from 78 percent of GDP in 2019 to 87 percent in 2029.

  • Report

    Funding for Overseas Contingency Operations and Its Impact on Defense Spending

    CBO analyzes how the Defense Department’s (DoD’s) funding for military conflicts has changed over time and how the separate budgetary treatment of that funding affects perceptions of DoD’s spending and the anticipated costs of DoD’s plans.

  • Report

    An Analysis of the President’s 2019 Budget

    Over the next 10 years, the cumulative deficit under the President’s proposals would be $3.0 trillion less than the $12.4 trillion in CBO’s baseline. The deficit would average 3.7 percent of GDP, CBO estimates.