Outlook for the Budget and the Economy
- Blog Post
Presentation to the Economic Club of Minnesota
During his presentation, Director Doug Elmendorf emphasized that federal debt remains on an unsustainable path, and the composition of federal spending is changing dramatically from what it has been in the past.
- Report
Testimony on the Budget and Economic Outlook: 2014 to 2024
Testimony by Douglas W. Elmendorf, Director, before the Committee on the Budget, United States Senate.
- Report
Capping War-Related Spending
Questions for the Record from Chairman Ryan following Director Elmendorf's testimony on the Budget and Economic Outlook, February 5, 2014
- Blog Post
Frequently Asked Questions About CBO’s Estimates of the Labor Market Effects of the Affordable Care Act
CBO answers a few questions it has received about last week’s analysis of the labor market effects of the Affordable Care Act.
- Blog Post
Testimony Before the House Budget Committee on the Budget and Economic Outlook
Director Doug Elmendorf testified on CBO’s latest projections for the budget and economy. The video of that testimony is now available.
- Report
Testimony on the Budget and Economic Outlook: 2014 to 2024
Testimony by Douglas W. Elmendorf, Director, before the Committee on the Budget, U.S. House of Representatives.
- Blog Post
Presentation with the Release of the Budget and Economic Outlook
In a briefing for the press this morning, Director Doug Elmendorf summarized CBO’s outlook for the budget and the economy. His remarks and accompanying slides are now available.
- Presentation
Press Briefing on The Budget and Economic Outlook
Director Douglas W. Elmendorf's Press Briefing on The Budget and Economic Outlook
- Report
The Budget and Economic Outlook: 2014 to 2024
Under current law, deficits will drop through 2015 but rise thereafter, boosting the already high federal debt, CBO projects. Economic growth will be solid in the near term, but unemployment will not drop below 6.0 percent until 2017.
- Report
The Slow Recovery of the Labor Market
Since the recession ended in June 2009, employment has risen sluggishly and the unemployment rate has fallen only partway back to its prerecession level. This CBO report discusses the reasons for the slow recovery of the labor market.