Congressional Budget Office
The Budget and Economic Outlook: 2025 to 2035; How CBO Supports the Congress; The Demographic Outlook: 2025 to 2055; The Accuracy of CBO’s Budget Projections for Fiscal Year 2024; Reconciling the Official Poverty Measure and CBO’s Distributional Analysis of Household Income; An Analysis of the Navy’s 2025 Shipbuilding Plan
Press Center - Congressional Budget Office
4 days ago · Winter: Budget Infographics for Fiscal Year 2024; Spring: The Long-Term Budget Outlook: 2025 to 2055
Budget | Congressional Budget Office
Jan 17, 2025 · View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2022, as well as broader trends in the budget over the past few decades.
Reports - Congressional Budget Office
Jan 15, 2025 · In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.
The Budget and Economic Outlook: 2024 to 2034 - Congressional …
In the Congressional Budget Office’s baseline budget projections, the federal budget deficit is $1.5 trillion this year and generally increases over the next decade, reaching $2.6 trillion in 2034.
Introduction to CBO | Congressional Budget Office
Since 1975, CBO has produced independent analyses of budgetary and economic issues to support the Congressional budget process. Each year, the agency’s economists and budget analysts produce dozens of reports and hundreds of cost estimates for proposed legislation.
Monthly Budget Review: September 2024 - Congressional Budget …
Oct 8, 2024 · The federal budget deficit was $1.8 trillion in fiscal year 2024, the Congressional Budget Office estimates. The estimated deficit for 2024 was $139 billion more than the shortfall recorded during fiscal year 2023. Revenues increased by an …
Outlook for the Budget and the Economy - Congressional Budget …
Jan 17, 2025 · CBO's Budget and Economic Outlook, typically produced in January each year and updated in August, includes an economic forecast and projections of spending and revenues under current law—known as baseline projections—over the next 10 years.
An Analysis of the President’s 2025 Budget - Congressional …
Oct 4, 2024 · On March 11, 2024, the Administration submitted its annual set of budgetary proposals to the Congress. In this report, the Congressional Budget Office examines how those proposals, if enacted, would affect budgetary outcomes in relation to CBO’s most recent baseline budget projections.
Monthly Budget Review: Summary for Fiscal Year 2024
Nov 8, 2024 · In fiscal year 2024, which ended on September 30, the federal budget deficit totaled $1.8 trillion—an increase of $138 billion (or 8 percent) from the shortfall recorded in the previous year. Revenues and outlays alike increased from 2023 totals: Revenues rose by 11 percent, or $479 billion, and outlays increased by 10 percent, or $617 billion.