CBO/JCT
Latest
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CRFB's Newest Realistic Baseline
With the release of CBO's updated budget and economic outlook, we at CRFB have the opportunity to update our Realistic baseline. Recall that our...
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What Else is New? Changes in CBO's Baseline
Naturally, when a new budget projection is released, as CBO's updated baseline was yesterday, a good question to ask is: what happened? It is...
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CBO's Updated Baseline Just Released
The Congressional Budget Office has just updated its Economic and Budget Outlook. We will be releasing a paper on changes to CBO's projections from...
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CBO's Updated Economic and Budget Outlook
CRFB has just released a new analysis of CBO's updated Budget and Economic Outlook. The CBO updates its baseline every year in January, March, and...
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Through Ten Months, the Deficit is $975 Billion
CBO's Monthly Budget Review for July lays out how the first ten months of this fiscal year compared to last year. The FY 2012 deficit so far totals...
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Fiscal Fact Checker: What Caused the Swing From Surplus to Deficit?
The Hill points to a press release by Senator (and former OMB director) Rob Portman (R-OH) that claims the upper-income portion of the 2001/2003/2010...
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CBO Projects DoD's Plans Will Cost More Than Their Estimates
Today, CBO has released yearly estimates of the long-term budget projections for the Department of Defense. The DoD provides a plan to Congress called...
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Targeting Tobacco: The Budgetary Effects of a Cigarette Tax Increase
CBO's latest report details the full effects on the federal budget of raising the federal excise tax on cigarettes. As they would when analyzing any...
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The Drivers: Health Care Cost Growth and Population Aging
In our recent analysis of CBO's Long-Term Budget Outlook, we elaborated on how the overall federal debt is on an unsustainable path. Just twelve years...
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Economics of the Long Term Outlook
CBO's Long Term Outlook includes a number of variables on how the budget would look over the next 75 years. But they also show how the economy would...
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CBO Really, Really Makes the Case For Strict Pay-As-You-Go Budgeting
Based on CBO's Long Term Outlook, one could conclude solely based on the debt levels projected that either we were headed on a sustainable path, with...