President's Budget
- Blog Post
CBO to Release Updated Baseline Budget Projections on May 12
CBO will release a report updating its 10-year budget baseline on May 12, and an analysis of the President’s 2024 discretionary proposals on May 18. Also in May, CBO will release an updated report on federal debt and the statutory limit.
- Report
An Analysis of the President’s 2023 Budget
Under the President’s proposals, the cumulative deficit for the 2023-2032 period would be $2.6 trillion smaller than it is in CBO’s baseline projections because revenues would be higher and spending lower.
- Blog Post
Update on the Timing of CBO’s Analysis of the President’s Budget and Long-Term Projections
CBO will publish An Analysis of the Discretionary Spending Proposals in the President’s 2023 Budget on July 1. On July 27, CBO will publish The 2022 Long-Term Budget Outlook.
- Blog Post
Update on the Timing of CBO’s Budget and Economic Projections
CBO anticipates publishing its budget and economic projections during the week of May 23 and releasing its analysis of the President’s budget request by early July.
- Blog Post
The Effects of Increased Funding for the IRS
CBO estimates that portions of the Administration’s proposal to increase funding for the IRS by $80 billion over the 2022–2031 period would increase revenues by approximately $200 billion over those 10 years.
- Report
An Analysis of Certain Proposals in the President’s 2022 Budget
CBO analyzed the Administration’s request for discretionary funding and some proposals that affect mandatory spending. The need for CBO to support ongoing legislative activity prevented the agency from completing a comprehensive analysis.
- Blog Post
CBO to Publish Estimates for Some of the President’s Budget Proposals on July 30
The Congressional Budget Office will publish estimates of the budgetary effects of some of the proposals in the President’s budget (which was released on May 28, 2021) on Friday, July 30, at 11:00 a.m.
- Report
An Analysis of the President's 2021 Budget
On February 10, the Administration transmitted its annual set of budgetary proposals to the Congress. CBO estimates that in the coming decade deficits under those proposals would be smaller and debt held by the public would be lower than amounts in CBO’s baseline projections—but larger than the Administration projected. CBO’s estimates do not account for changes to the nation’s economic or fiscal outlook arising from the recent public health emergency.
- Report
An Analysis of the President’s 2020 Budget
Under the President’s proposals, deficits would total $9.9 trillion over the 2020–2029 period, $1.5 trillion less than the deficits in CBO’s current-law baseline. Federal debt held by the public would increase from 78 percent of GDP in 2019 to 87 percent in 2029.
- Report
Funding for Overseas Contingency Operations and Its Impact on Defense Spending
CBO analyzes how the Defense Department’s (DoD’s) funding for military conflicts has changed over time and how the separate budgetary treatment of that funding affects perceptions of DoD’s spending and the anticipated costs of DoD’s plans.