CBO's regular budget publications include semiannual reports on the budget and economic outlook, annual reports analyzing the President’s budget and discussing the long-term budget picture, and a biannual set of options for reducing budget deficits. CBO also prepares cost estimates and mandate statements for nearly every bill that is reported by a Congressional committee. Numerous analytic studies provide more in-depth analysis of specific budgetary issues.
Jul 2014 - If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2039 and would be on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.
Apr 2014 - Enacting the President's proposals would, CBO and JCT estimate, result in deficits totaling $6.6 trillion between 2015 and 2024, $1.0 trillion less than the cumulative deficit in CBO's current-law baseline.
Apr 2014 - The deficit will decrease to $492 billion in 2014, CBO projects. But under current law, deficits will begin rising again in 2016—and by 2024, debt will reach 78 percent of GDP, twice the average of the past 40 years.
Apr 2014 - See how much the government spent and took in during 2013 as well as other information about the budget, deficits, and debt.
Federal Budget Overview
Feb 2014 - 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.
Dec 2013 - Federal debt is projected to rise significantly over the long term. What policy changes could reduce future deficits and thus lower the trajectory of federal debt? What criteria might be used to evaluate those policy changes?
Nov 2013 - CBO periodically issues a compendium of options—this installment presents more than 100—to inform lawmakers about the budgetary effects of ways to reduce the deficit.
- Blog PostJuly 29, 2014
- Data or Technical InformationJuly 29, 2014
- Blog PostJuly 28, 2014
- Data or Technical InformationJuly 25, 2014
CBO Releases Updated and Complete Cost Estimate for H.R. 3230, the Veterans Access to Care Act of 2014, as Passed by the HouseBlog PostJuly 24, 2014
- Blog PostJuly 23, 2014
- ReportJuly 22, 2014
- Blog PostJuly 22, 2014
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