CBO/JCT
Latest
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Build Back Better Act Score Highlights Need for Improvements
Read moreFor Immediate Release Today, the Congressional Budget Office (CBO) published its full score and estimate of the House Build Back Better Act ( see our...
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An Update on Build Back Better Offsets
Read moreWe have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. Last week, the White House estimated...
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No Score, No Vote
Read moreFor Immediate Release The House apparently intends to vote on the latest version of the Build Back Better Act as soon as this week, despite that fact...
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A $2.8 Trillion Budget Deficit
Read moreFor Immediate Release The Congressional Budget Office released its final monthly budget review of fiscal year (FY) 2021 today, concluding the budget...
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No Score, No Vote: House Should Not Vote on Reconciliation Without a Score
Read moreFor Immediate Release Speaker Nancy Pelosi (D-CA) recently called for the House of Representatives to pass its reconciliation bill, the Build Back...
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Ways and Means Proposes $1.3 Trillion of Tax Breaks, $2.3 Trillion of Tax Hikes
Read moreUPDATE (9/13/2021): The Joint Committee on Taxation has released a full score of the revenue proposals, including the revenue-raising items. The table...
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CBO Estimates $120 Billion from IRS Funding Boost
Read moreToday, the Congressional Budget Office (CBO) published an estimate of the revenue effects of President Biden’s proposal to increase Internal Revenue...
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CBO Report Shows Infrastructure is More Pro-Growth When It's Paid For
Read moreThe Congressional Budget Office (CBO) released a report today detailing the macroeconomic effects of two illustrative, $500 billion infrastructure...
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Infrastructure Plan Will Add $400 Billion to the Deficit, CBO Finds
Read moreThe Congressional Budget Office (CBO) just published its score of the recently unveiled bipartisan Infrastructure Investment and Jobs Act. Though its...
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CBO Reports $2.1 Trillion Deficit for First Eight Months of FY 2021
Read moreFor Immediate Release The United States borrowed nearly $2.1 trillion in the first eight months of fiscal year 2021, according to the latest Monthly...
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Strengthen PAYGO with House Rules Reforms
Read moreWhen the 117 th Congress begins in January, lawmakers in the House of Representatives can advance fiscal responsibility and better budgeting practices...
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A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
Read moreThe Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...