CBO/JCT
Latest
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Deficits Rise in Latest Budget Projections
Update: You can view our full analysis here. The Congressional Budget Office (CBO) just released baseline projections showing rapidly rising deficits...
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CBO's Latest Estimate of the Partial ACA Repeal
Kicking off the new year in style, the Congressional Budget Office (CBO) released its latest estimate of the reconciliation bill passed by the Senate...
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CBO Releases Detailed Social Security Projections
As it often does in December, CBO has released its detailed long-term projections for Social Security that build off the ones released with their long...
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JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015
The Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed cost...
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Budget Deal Truly Offsets Only Half Its Cost
Lawmakers are currently considering a budget deal that would increase appropriated spending, suspend the debt limit until March 2017, reallocate...
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Most of Deficit's Decline Because Tax Breaks Aren't Included
Much of the press coverage of the updated projections issued by the Congressional Budget Office last week focused on the fact that the deficit would...
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Growing Health & Interest Spending to Overwhelm Flat Revenue
CBO's recent budget projections show debt growing in the latter half of the decade as deficits widen. Entitlement spending will continue to grow as a...
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CRFB Breaks Down the Newest CBO Budget Projections
CRFB has released its analysis of CBO's latest ten-year budget projections, detailing the important facts from the report and how it has changed from...
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CBO Still Shows Unsustainable Debt in its August Baseline
The Congressional Budget Office (CBO) just released its August baseline, updating budget projections from March and economic projections from January...
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Report: Analysis of CBO’s Updated Budget and Economic Outlook August 2015
The Congressional Budget Office (CBO) today released its updated budget and economic projections for the coming decade, showing that while short-term...
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Immigration Reform Drives Positive Economic Effects of the President's Budget
CBO released its estimate of the economic effects of the President's budget late last week, doing dynamic scoring for the President's budget. Like...
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JCT Confirms: Dynamic Scoring Doesn't Make Extenders Look Much Better
Lawmakers have so far been reluctant to pay for the group of temporary tax cuts known as the " tax extenders," instead generally just adding the cost...