CBO/JCT
Latest
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Analysis of CBO’s January 2019 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...
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CBO Budget Projections Show Bleak Outlook
Read moreThe Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...
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CBO: Debt Still on Unsustainable Path
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade this morning, which warned...
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CBO: Fixing the Debt Could Increase Average Income by $6,000 Per Person
Read moreWhile some recent commentators have suggested Americans stop worrying about our debt, evidence shows there is a significant upside to addressing our...
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CBO Releases Latest Budget Options Report
Read moreToday, the Congressional Budget Office (CBO) released its "Options for Reducing the Deficit, 2019-2028" report, featuring 121 policy options and their...
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CBO Shows $782 Billion Deficit for FY 2018
Read moreLate last week, the Congressional Budget Office (CBO) released its estimate of the final FY 2018 deficit. CBO estimates that the deficit increased to...
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JCT: Tax Cuts 2.0 Would Slow Long-Term Economic Growth
Read moreThe Joint Committee on Taxation (JCT) has released an official dynamic score of "Tax Reform 2.0" – a bill permanently extending last December's tax...
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CBO Shows Faster Growth Is Important for Fixing the Debt
Read moreStrong, sustained economic growth is an important ingredient in putting the debt on a sustainable course. In addition to increasing incomes and...
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Taking a Look at CBO's New Transparency Efforts
Read moreThe Congressional Budget Office (CBO) has worked hard to improve transparency and accessibility of its data and analysis. Over the past two years, CBO...
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CBO Shows That Policymakers Could Make the Long-Term Outlook Much Worse
Read moreThe Congressional Budget Office (CBO) today released a look at various long-term budget scenarios. Most notably, the report shows how much more bleak...
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CBO’s Alternative Long-Term Budget Scenarios
Read moreThe Congressional Budget Office (CBO) released alternative scenarios to its Long-Term Budget Outlook today. These scenarios show that if the recent...
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Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?
Read moreUPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...