CBO/JCT

CBO: Fixing the Debt Would Increase Income

Putting 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

Today, the Congressional Budget Office (CBO) released its Long-Term Budget Outlook, again confirming the budget’s unsustainable long-term trajectory...
Concept_calculator

CBO Releases Its Own Estimate of the President's FY 2020 Budget

The 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

For Immediate Release The Congressional Budget Office (CBO) released updates to its budget projections this afternoon. Under current law, CBO...
POTUS Budget

Debt Would Rise, Not Fall, Under the President’s Budget

The President’s budget estimates it would reduce debt to 71 percent of Gross Domestic Product (GDP) and deficits to $202 billion (0.6 ...
Concept_Interest

As Debt Rises, Interest Costs Could Top $1 Trillion

The fastest growing item in the budget over the next decade will be interest on the debt, according to the Congressional Budget Office (CBO). In...
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The Two Factors That Explain the Improvement in the Budget Outlook

This year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a...
Concept_Debt

CBO: Debt-to-GDP Will Double in Three Decades

CBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried...

Analysis of CBO’s January 2019 Budget and Economic Outlook

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...

CBO: Debt Still on Unsustainable Path

For Immediate Release  The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade this...

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