CBO/JCT
Latest
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Budget Reform Proposals in the President's FY 2011 Budget
Although our initial analysis of the President's Budget focused on his ten-year budget plan, the Budget itself includes much, much more. Nestled in...
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Monthly Budget Review Reports $434 billion deficit in FY 2010 Thus Far
The Congressional Budget Office came out with their Monthly Budget Review yesterday. It states that the federal government incurred a deficit of $434...
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Broken Process: Authorizers Rely on Appropriators For Oversight
In yet another sign that the legislative process needs serious fixing, Congress last year appropriated $290.8 billion for programs that the House and...
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Deficit Falls Slightly, Debt Will Continue to Soar, CBO Warns
The federal deficit in FY10 is expected to be $1.35 billion--a slight drop from the $1.41 trillion in FY09--but still the second largest in our nation...
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The Cost of Continuing "Current Policy"
Today, we released our Analysis of CBO’s January 2010 Baseline, which discusses the new CBO baseline in detail, including the new deficit and debt...
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Jobs and Policy
At the start of the new decade, one in every ten Americans is unemployed. By broader measures of unemployment (including discouraged workers who may...
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CBO Monthly Budget Review Shows Record December Deficit
The government ran record deficits of $390 billion in the first quarter of FY2010, according to the CBO’s Monthly Budget Review. Even last year, with...
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Senate Health Care Bill Released (And a Comparison Chart)
UPDATE: CBO mistakenly overestimated the deficit-reducing effect of the Medicare Commission in their score. As a result, they now estimate deficit...
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CBO Report Discusses ARRA Effect on Jobs, GDP Growth
The Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...
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CBO Reports on the Effect of Reform on Premiums
Under the Senate health care reform bill the average American will pay about the same for insurance as he or she pays now, the CBO and the Joint...
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Reports Roundup
A number of very interesting and relevant government reports have come out this week. Check them out: GAO: Recovery Act: Recipient Reported Jobs Data...
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The True Costs of Health Reform
UPDATE: CBO has modified its cost estimate for the House bill to save $138 billion over ten years, instead of $109 billion. This change is due to the...