U.S. CBO @USCBO

Congressional Budget Office Nonpartisan analysis for the U.S. Congress. For cost estimates, follow @USCBOCostEst. cbo.gov Washington, D.C. Joined June 2013

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U.S. CBO @USCBO

2 days ago

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. cbo.gov/publication/59…

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U.S. CBO @USCBO

2 days ago

Presentation by Phillip Swagel, CBO’s Director, at a conference organized by the Economic Policy Innovation Center and the Paragon Health Institute. cbo.gov/publication/60…

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U.S. CBO @USCBO

3 days ago

Presentation by Mark Hadley, CBO's Chief Operating Officer and General Counsel, at the 2nd NABO-OECD Annual Conference of Asian Parliamentary Budget Officials. cbo.gov/publication/60…

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U.S. CBO @USCBO

3 days ago

What activities will CBO undertake in 2024 to enhance the transparency of its work? cbo.gov/publication/59…

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U.S. CBO @USCBO

a week ago

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. cbo.gov/publication/59…

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U.S. CBO @USCBO

2 weeks ago

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. cbo.gov/publication/59…

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U.S. CBO @USCBO

2 weeks ago

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. cbo.gov/publication/60…

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U.S. CBO @USCBO

2 weeks ago

What has CBO been working on? cbo.gov/publication/59…

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U.S. CBO @USCBO

2 weeks ago

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. cbo.gov/publication/60…

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U.S. CBO @USCBO

2 weeks ago

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. cbo.gov/publication/59…

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U.S. CBO @USCBO

2 weeks ago

HAPPENING NOW: CBO's Director, Phillip Swagel, testifies before the House Appropriations Committee’s Subcommittee on the Legislative Branch. appropriations.house.gov/legislation/he…

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U.S. CBO @USCBO

2 weeks ago

Testimony on the Congressional Budget Office’s Request for Appropriations for Fiscal Year 2025 cbo.gov/publication/60…

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U.S. CBO @USCBO

3 weeks ago

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. cbo.gov/publication/60…

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U.S. CBO @USCBO

3 weeks ago

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. cbo.gov/publication/60…

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U.S. CBO @USCBO

3 weeks ago

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. cbo.gov/publication/60…

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U.S. CBO @USCBO

3 weeks ago

As required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2024. cbo.gov/publication/59…

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U.S. CBO @USCBO

3 weeks ago

Presentation by Aditi Sen, CBO's Health Policy Studies Unit Chief, at the Alliance for Health Policy’s 2024 Health Policy Academy. cbo.gov/publication/60…

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U.S. CBO @USCBO

a month ago

CBO estimates that the effects on mandatory spending and revenues of laws enacted in 2023 will reduce the cumulative deficit by about $10 billion from 2023 to 2033—the net result of a $12 billion decrease in outlays and a $2 billion decrease in revenues. cbo.gov/publication/59…

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U.S. CBO @USCBO

a month ago

CBO requests appropriations of $73.5 million for fiscal year 2025—$3.5 million (or 5 percent) more than it received for 2024. The request is based on strong interest in CBO’s work from the Congressional leadership, committees, and Members. cbo.gov/publication/59…

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U.S. CBO @USCBO

a month ago

CBO expects to be able to provide an estimated range of the budgetary effects of H.R. 1770, the Equitable Community Access to Pharmacist Services Act, by the end of June 2024. cbo.gov/publication/60…