CBO Blog
-
Monthly Budget Review for December 2015
January 8, 2016The federal budget deficit was $212 billion for the first three months of fiscal year 2016, CBO estimates.
Read More -
CBO Releases New Budget Infographics
January 6, 2016View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2015, as well as broader trends in the budget over the past few decades.
Read More -
Final Sequestration Report for Fiscal Year 2016
December 28, 2015CBO is required to report its assessment of whether enacted appropriations for the current fiscal year exceed caps on discretionary spending. In CBO’s estimation, they do not, and hence a sequestration will not be required for 2016.
Read More -
CBO’s 2015 Long-Term Projections for Social Security: Additional Information
December 16, 2015Under current law, CBO projects, Social Security’s trust funds, considered together, will be exhausted in 2029. In that case, benefits in 2030 would need to be reduced by 29 percent from the scheduled amounts.
Read More -
Social Security Policy Options, 2015
December 15, 2015CBO analyzes 36 policy options commonly proposed by policymakers and analysts. Most of them would improve Social Security’s long-term finances, but only a few would significantly postpone the combined trust funds’ exhaustion date.
Read More -
Explaining the Basis of CBO’s Findings
December 7, 2015To enhance the transparency of CBO’s work, the agency regularly provides information about the methods and calculations underlying its estimates.
Read More -
Monthly Budget Review for November 2015
December 7, 2015The federal budget deficit was $200 billion for the first two months of fiscal year 2016, CBO estimates. That deficit was $22 billion larger than the one recorded during the same period last year.
Read More -
The Federal Role in the Financing of Multifamily Rental Properties
December 3, 2015CBO reviews the federal government’s current role in the multifamily mortgage market and four broad approaches to modifying that role.
Read More -
Replacing Military Personnel in Support Positions With Civilian Employees
December 2, 2015The Defense Department could cut federal costs by replacing some military personnel in support positions with civilian employees. If DoD replaced 80,000 military personnel, it could eventually save $3.1 billion to $5.7 billion annually.
Read More -
Effective Marginal Tax Rates for Low- and Moderate-Income Workers in 2016
November 19, 2015In 2016, low- and moderate-income workers will face an effective marginal tax rate of 31 percent, on average. Federal individual income and payroll taxes will be the main contributors.
Read More