U.S. CBO
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Congressional Budget Office Nonpartisan analysis for the U.S. Congress. For cost estimates, follow @USCBOCostEst .
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CBO describes economic outcomes of veterans who are Black, male, and working age and whose service began during or after 1990. CBO compares the outcomes of that group with outcomes of Black nonveterans and White veterans from 2017 to 2019.
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Eric J. Labs, an analyst in CBO’s National Security Division, testifies on the cost of the Coast Guard’s Polar Security Cutter before the House Homeland Security Committee's Subcommittee on Transportation and Maritime Security on May 7, 2024.
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CBO releases the code, data, and documentation on its GitHub page for David Austin's working paper on how federal policies affect the U.S. market for new electric vehicles.
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Presentation by Tamara Hayford, CBO’s Deputy Director of Health Analysis, to the Members’ Roundtable of No Patient Left Behind.
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To show how variations in economic conditions might affect its budget projections, CBO analyzed how revenues, outlays, and deficits might change if the values of key economic variables differed from those in the agency’s forecast.
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Compared with private-sector employees, the average compensation costs for federal employees in 2022 were greater among workers whose education culminated in a bachelor’s degree or less, but lower among workers with more education.
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Presentation by Phillip Swagel, CBO’s Director, at a conference organized by the Economic Policy Innovation Center and the Paragon Health Institute.
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Presentation by Mark Hadley, CBO's Chief Operating Officer and General Counsel, at the 2nd NABO-OECD Annual Conference of Asian Parliamentary Budget Officials.
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What activities will CBO undertake in 2024 to enhance the transparency of its work?
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In September 2023, the last remaining investment made by the Treasury through the Troubled Asset Relief Program was repaid, thereby ending the program. CBO estimates that the government’s total subsidy cost was $31 billion.
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CBO summarizes recent research findings about Medicare accountable care organizations and the factors that have contributed to or limited their ability to achieve net budgetary savings for the Medicare program.
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H.R. 7032, the Congressional Budget Office Data Sharing Act, would amend the Congressional Budget Act of 1974 to clarify and strengthen the agency’s general authority for accessing data from executive branch agencies.
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What has CBO been working on?
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CBO estimates that construction of 18 medium landing ships would cost between $6.2 billion and $7.8 billion in 2024 dollars. CBO’s estimates range from two to roughly three times the Navy’s current estimates.
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Between 1980 and 2022, the shipbuilding composite index grew an average of 1.2 percentage points faster per year than the GDP deflator did. Looking ahead, a gap of roughly 1 percentage point would be consistent with historical experience.
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HAPPENING NOW: CBO's Director, Phillip Swagel, testifies before the House Appropriations Committee’s Subcommittee on the Legislative Branch.
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Testimony on the Congressional Budget Office’s Request for Appropriations for Fiscal Year 2025
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CBO's Director, Phillip Swagel, discusses his most recent and upcoming presentations about the agency's long-term budget projections, demographic projections, and the overall fiscal outlook.
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Use CBO's workbook to analyze alternative economic scenarios by changing the values of four economic variables from those underlying CBO's most recent projections.
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The federal budget deficit totaled $1.1 trillion in the first half of fiscal year 2024, CBO estimates—$37 billion less than the deficit recorded during the same period last fiscal year.
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