CBO Blog
-
Federal Support for the Development, Production, and Use of Fuels and Energy Technologies
November 18, 2015In fiscal year 2015, the federal government supported the development, production, and use of fuels and energy technologies through tax preferences totaling $15.8 billion and spending by the Department of Energy totaling $5.4 billion.
Read More -
CBO’s Revenue Forecasting Record
November 10, 2015CBO’s revenue projections since 1982 have, on average, been a bit too high—more so for projections spanning six years than for those spanning two—but their overall accuracy has been similar to that of the projections of other agencies.
Read More -
Monthly Budget Review: Summary for Fiscal Year 2015
November 6, 2015In fiscal year 2015, which ended on September 30, the federal budget deficit totaled $439 billion—$44 billion less than the shortfall in 2014. Fiscal year 2015 was the sixth consecutive year in which the deficit declined as a share of the nation’s gross domestic product.
Read More -
Recent Presentations on CBO’s Budget Projections
November 5, 2015CBO Director Keith Hall spoke to the Board of Trustees for the Manufacturers Alliance for Productivity and Innovation about CBO’s latest long-term projections.
Read More -
One-Page Summary of The Renewable Fuel Standard: Issues for 2015 and Beyond
November 3, 2015CBO has assessed how much the supply of various types of renewable fuels would have to increase over the next several years to comply with the Renewable Fuel Standard (RFS), and how food and fuel prices would vary in three scenarios.
Read More -
An Analysis of the Navy’s Fiscal Year 2016 Shipbuilding Plan
October 29, 2015CBO estimates that the cost of the Navy’s 2016 shipbuilding plan—an average of about $20 billion per year (adjusted for inflation) over 30 years—would be $4 billion higher than the funding that the Navy has received in recent decades.
Read More -
Estimating the Effects of Federal Policies Targeting Obesity: Challenges and Research Needs
October 26, 2015CBO concludes that existing evidence does not indicate that certain policies to treat obesity would significantly reduce federal spending. Additional well-designed studies on the effects of such policies would be useful for CBO’s analysis.
Read More -
Updated Information About Federal Debt and the Statutory Limit
October 26, 2015In CBO’s updated analysis, extraordinary measures for borrowing additional funds without breaching the debt ceiling will be exhausted and the Treasury’s cash balance is likely to fall below $30 billion in the first few days of November.
Read More -
CBO Releases Updated Report on the Debt Limit
October 14, 2015If the debt limit remains unchanged, CBO projects, the Treasury’s cash balance will be entirely depleted sometime in the first half of November, at which time the government would be unable to fully pay its obligations.
Read More -
Monthly Budget Review for September 2015
October 7, 2015The federal government ran a budget deficit of $435 billion fiscal year 2015, CBO estimates, the smallest deficit recorded since 2007; the Treasury Department will report the actual deficit for fiscal year 2015 later this month.
Read More