CBO/JCT
Latest
-
New CBO Budget Projections Show Toll of Budget-Busting Legislation
Read moreThe Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...
-
CBO's Long-Term Debt Outlook Improved Slightly from Last Year, Here's Why
Read moreIn its latest Long-Term Budget Outlook, the Congressional Budget Office (CBO) projects debt held by the public will rise from over 78 percent of Gross...
-
New Pension Bill Adds Too Much to the Debt
Read moreThe House Ways and Means Committee is considering pension reform legislation that CBO estimates will add $ 64 billion to deficits over the next ten...
-
Saving Social Security and Medicare Could Help Fix the Debt
Read moreThe Congressional Budget Office's (CBO) Long-Term Budget Outlook shows debt rising continuously as a share of the economy over the next 30 years and...
-
CBO: Fixing the Debt Would Increase Income
Read morePutting debt on a downward path could increase average income by almost $9,000 per person per year, or about 10 percent as compared to continuing on...
-
CBO's 2019 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its Long-Term Budget Outlook, again confirming the budget’s unsustainable long-term trajectory...
-
CBO Releases Its Own Estimate of the President's FY 2020 Budget
Read moreThe Congressional Budget Office (CBO) has released its estimate of the President's FY 2020 budget. CBO finds that debt in the budget would be on an...
-
CBO Report Shows Debt Headed Toward Uncharted Waters
Read moreFor Immediate Release The Congressional Budget Office (CBO) released updates to its budget projections this afternoon. Under current law, CBO projects...
-
Debt Would Rise, Not Fall, Under the President’s Budget
Read moreThe President’s budget estimates it would reduce debt to 71 percent of Gross Domestic Product (GDP) and deficits to $202 billion (0.6 percent of GDP)...
-
As Debt Rises, Interest Costs Could Top $1 Trillion
Read moreThe fastest growing item in the budget over the next decade will be interest on the debt, according to the Congressional Budget Office (CBO). In this...
-
The Two Factors That Explain the Improvement in the Budget Outlook
Read moreThis year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a troubling outlook...
-
CBO: Debt-to-GDP Will Double in Three Decades
Read moreCBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried further...