CBO has developed “rules of thumb” that show how changes in four key economic variables might affect revenues, outlays, and deficits. An interactive workbook allows users to see the budgetary effects of their own alternative scenarios.
Dynamic Analysis
- Report
Under budgetary paths (not particular policies) specified by Senator Enzi, deficits would be smaller than projected in CBO’s baseline. Such deficit reductions would lower economic output in the next few years but raise it thereafter.
- Report
The President’s budget proposals would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. The economic effects would affect the budget in ways that would reduce deficits.
- Report
Under budgetary paths (not particular policies) specified by Chairman Price, the budget would show a surplus in 2026. In comparison with CBO's extended baseline, economic output would be lower in the next few years but higher after 2020.
- Presentation
Presentation by Wendy Edelberg, an Associate Director for Economic Analysis at CBO, at the University of Chicago Booth School of Business
- Cost Estimate
Direct spending and revenue effects of H.R. 3762, as passed by the Senate on December 3, 2015, and following enactment of the Consolidated Appropriations Act, 2016
- Cost Estimate
Letter to the Honorable Mike Enzi regarding the budgetary effects of H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act, as passed by the Senate on December 3, 2015
- Cost Estimate
As passed by the House and following enactment of the Bipartisan Budget Act of 2015
- Report
The President’s policies would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. Such economic effects would feed back into the budget in ways that would reduce deficits.
- Blog Post
The Congress adopted a concurrent resolution on the FY16 budget that requires CBO, to the greatest extent practicable, to include macroeconomic effects in its 10-year cost estimates of major legislation approved by Congressional committees.
- Report
CBO and the staff of the Joint Committee on Taxation estimate that, over the next decade, a repeal of the Affordable Care Act would probably increase budget deficits with or without considering the effects of macroeconomic feedback.
- Report
Under budgetary paths, but not particular policies, specified in the 2016 budget resolution conference report, total debt would be smaller than in CBO’s baseline. Economic output would be lower in the next few years but higher thereafter.