Outlook for the Budget and the Economy
- Blog Post
CBO's Estimates of ARRA's Impact on Employment and Economic Output for the First Quarter of 2011
As required by law, CBO prepares regular reports on its estimate of the number of jobs created by the American Recovery and Reinvestment Act of 2009 (ARRA), which is often referred to as the economic stimulus package. In its latest report, issued toda
- Report
Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from January 2011 Through March 2011
Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from January 2011 Through March 2011
- Report
Extrapolation of Full-Year Appropriations for 2011
Extrapolation of Full-Year Appropriations for 2011
- Blog Post
Extrapolation Through 2021 of Full-Year Appropriations for 2011
For programs funded through annual appropriations (which are called “discretionary” programs), CBO uses the funding provided for the current fiscal year as the starting point for its baseline budget projections for the coming decade.
- Report
The Effects of Automatic Stabilizers on the Federal Budget
CBO estimates that automatic stabilizers are adding significantly to the budget deficit now but that their contribution will steadily fade over the next few years.
- Report
Report on the Troubled Asset Relief Program—March 2011
To fulfill its statutory requirement, CBO has prepared this report on transactions completed, outstanding, and anticipated under the TARP as of March 3, 2011.
- Blog Post
The Costs of the Troubled Asset Relief Program
Today CBO released the fifth of its statutory reports on transactions undertaken as part of the Troubled Asset Relief Program (TARP)—the program established in October 2008 to enable the Department of the Treasury to promote stability in financial mark
- Report
CBO's Labor Force Projections Through 2021
In coming decades, one development that could have short- or longer-term consequences for the budget and the economy is expected to be a slower rate of growth of the labor force relative to its average over the past few decades.
- Blog Post
CBO's Labor Force Projections Through 2021
Each year CBO examines many developments that could have short- or longer-term consequences for the budget and the economy. During the decades to come, one such development is expected to be a slower rate of growth of the labor force relative to the average growth rate of the past few decades.
- Blog Post
Four Observations about the Federal Budget
I spoke this morning to the Economic Policy Conference of the National Association for Business Economics. My talk was structured around four observations about the federal budget: