Outlook for the Budget and the Economy
- Blog Post
CBO to Issue New Economic Projections on February 1
CBO will release An Overview of the Economic Outlook: 2021 to 2031 at 11 a.m. on Monday, February 1. The report will include a brief description of CBO’s latest 10-year economic projections.
- Report
Answers to Questions for the Record Following a Hearing on CBO’s Budget Projections Conducted by the Subcommittee on Fiscal Responsibility and Economic Growth of the Senate Committee on Finance
The Subcommittee on Fiscal Responsibility and Economic Growth of the Senate Committee on Finance convened a hearing at which Director Phillip Swagel testified. This document provides CBO’s answers to questions submitted for the record.
- Report
Answers to Questions for the Record Following a Hearing Conducted by the Senate Committee on the Budget on CBO’s Budget Projections
The Senate Budget Committee convened a hearing at which Director Phillip Swagel testified about the 2020 Long-Term Budget Outlook. This document provides CBO’s answers to questions submitted for the record by four Members of the Committee.
- Report
Federal Net Interest Costs: A Primer
CBO describes federal net interest outlays and their projected growth over the coming decade.
- Report
The Accuracy of CBO’s Budget Projections for Fiscal Year 2020
In its 2019 projections for fiscal year 2020, CBO underestimated revenues by 9 percent and outlays by 3 percent. CBO’s projection of the federal budget deficit in 2020 was more than the actual amount by 0.5 percent of GDP.
- Working Paper
Key Methods That CBO Used to Estimate the Effects of Pandemic-Related Legislation on Output: Working Paper 2020-07
This paper describes key methods that the Congressional Budget Office used to estimate the effects on economic output of the laws enacted in response to the 2020 coronavirus pandemic.
- Presentation
An Overview of The 2020 Long-Term Budget Outlook
Presentation by Phillip Swagel, CBO’s Director, to the National Association of Home Builders’ Financial Institutions and Capital Markets Subcommittee
- Report
Testimony on CBO's 2020 Long-Term Budget Outlook
CBO Director Phillip Swagel testifies before the Subcommittee on Fiscal Responsibility and Economic Growth of the Senate Finance Committee.
- Presentation
An Overview of The 2020 Long-Term Budget Outlook
Presentation by Phillip Swagel, CBO’s Director, to the Prosperity Caucus
- Presentation
An Overview of The 2020 Long-Term Budget Outlook
Presentation by Phillip Swagel, CBO’s Director, at the Economic Policy Summit 2020.