Outlook for the Budget and the Economy
- Presentation
CBO’s Budget and Economic Analysis During the Pandemic
Presentation by Phillip Swagel, CBO’s Director, to the Council for Affordable Health Coverage.
- Presentation
CBO’s Budget and Economic Analysis During the Pandemic
Presentation by Phillip Swagel, CBO’s Director, at Brown University.
- Blog Post
Presentations on CBO’s Budget and Economic Analysis During the Pandemic
CBO’s Director, Phillip Swagel, discusses the agency’s budget and economic analysis during the pandemic.
- Report
Estimates of the Cost of Federal Credit Programs in 2022
CBO estimates the costs of federal credit programs in two ways—following procedures prescribed by the Federal Credit Reform Act (FCRA) and using a fair-value approach, which measures the market value of the government’s obligations.
- Working Paper
How Changes in the Distribution of Earnings Affect the Federal Deficit: Working Paper 2021-12
This paper examines how the federal budget deficit would have differed in 2018 under four scenarios that vary the distribution of labor earnings while leaving aggregate earnings unchanged.
- Report
Federal Debt and the Statutory Limit, September 2021
CBO projects that, if the debt limit remains unchanged, the Treasury’s ability to borrow using extraordinary measures will be exhausted, and it will most likely run out of cash near the end of October or the beginning of November.
- Presentation
CBO’s Updated Budget Projections
Presentation by Christina Hawley Anthony, Chief of the Projections Unit in CBO’s Budget Analysis Division, to the National Conference of State Legislatures Base Camp.
- Report
Additional Information About the Updated Budget and Economic Outlook: 2021 to 2031
CBO provides additional detail about its latest baseline projections, which were published on July 1, 2021. The projected deficit for 2021 is $3.0 trillion, $126 billion less than the deficit recorded last year.
- Report
Federal Debt and the Statutory Limit, July 2021
CBO projects that if the debt limit is not raised, the Treasury would probably run out of cash and be unable to make its usual payments starting sometime in the first quarter of the next fiscal year, most likely in October or November.
- Presentation
CBO’s Updated Budget and Economic Projections
Presentation by Phillip Swagel, CBO’s Director, to J.P. Morgan’s Virtual Investor Meeting.