Outlook for the Budget and the Economy
- Blog Post
CBO to Release Budget and Economic Outlook on January 28
CBO will release its annual Budget and Economic Outlook at 10:00 a.m. ET on January 28. The report will include updated economic and budget projections spanning the period from 2019 to 2029.
- Blog Post
Uncertainty of CBO’s Long-Term Projections
In June, CBO released The 2018 Long-Term Budget Outlook, describing the agency’s projections of federal spending, revenues, deficits, and debt over the next 30 years. This post discusses the uncertainty surrounding those projections.
- Blog Post
The 2018 Long-Term Budget Outlook at a Glance
In June, CBO released The 2018 Long-Term Budget Outlook, describing the agency’s projections of federal spending, revenues, deficits, and debt over the next 30 years. This post presents some of the key takeaways from that report.
- Blog Post
Director’s Statement on An Update to the Economic Outlook: 2018 to 2028
Today, CBO released An Update to the Economic Outlook: 2018 to 2028. The report presents the agency’s latest economic forecast, which includes projections of real (inflation-adjusted) gross domestic product (GDP) and other factors.
- Blog Post
The Effects on the Budget of Alternative Economic Scenarios
CBO released a report on its “rules of thumb” that shows how changes in four key economic variables might affect revenues, outlays, and deficits. An interactive workbook allows users to see the budgetary effects of their own scenarios.
- Blog Post
Director’s Statement on The 2018 Long-Term Budget Outlook
Today CBO released The 2018 Long-Term Budget Outlook. The report finds that if current laws generally remained unchanged, growing budget deficits would boost debt sharply in coming years.
- Blog Post
CBO to Release Long-Term Budget Outlook on June 26
CBO will release The 2018 Long-Term Budget Outlook at 10:00 a.m. on Tuesday, June 26. The long-term projections—which span 30 years—are consistent with CBO’s latest 10-year budget and economic projections.
- Blog Post
CBO Releases New Report on Accuracy of Outlay Projections
The report focuses on the accuracy of projections for fiscal year 2017—made about a year and half before the end of that fiscal year—and also makes comparisons with the accuracy of CBO’s corresponding projections for the 1993–2016 period.
- Blog Post
Cost-Sharing Reductions in CBO’s Spring 2018 Baseline
At recent hearings, Members of Congress questioned how cost-sharing reductions had been incorporated in CBO’s baseline budget projections. Given the limited time to answer those questions, this blog post provides additional information.
- Blog Post
How the 2017 Tax Act Affects CBO’s Projections
Last Monday, CBO released The Budget and Economic Outlook: 2018 to 2028. This week, CBO is publishing daily blog posts to share key excerpts from the report. Today’s post describes how the 2017 tax act affects the agency’s projections.