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Articles Posted in Financial Projections

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Legislation Enacted in the First Session of the 119th Congress That Affects Mandatory Spending or Revenues

A Congressional Budget Office Report, March 19, 2026. CBO estimates that the effects on direct spending and revenues of laws enacted in the first session of the 119th Congress will reduce outlays and decrease revenues from 2025 to 2034, which will increase the deficit by $3.5 trillion SUMMARY: This report…

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AI In Senior Living: A Case Study in Mission Driven Innovation

The LeadingAge CAST case study “Three Years, Countless Efficiencies: How FellowshipLIFE Modernized Care with AI” describes how FellowshipLIFE, a New Jersey–based nonprofit provider of senior living and healthcare services, implemented artificial intelligence and intelligent automation to improve operations, compliance, and service delivery across its communities. According to the case study,…

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Testimony on the Congressional Budget Office’s Request for Appropriations for Fiscal Year 2027

CBO Director Phillip Swagel testifies before the House Appropriations Committee’s Subcommittee on the Legislative Branch, March 18, 2026. SUMMARY: Chairman Valadao, Ranking Member Espaillat, and Members of the Subcommittee, thank you for the opportunity to present the Congressional Budget Office’s budget request. CBO requests appropriations of $76.3 million for fiscal…

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USPS at a Crossroads: Congress Convenes Urgent Hearing on Its Financial Future

The House Subcommittee on Government Operations has now concluded its March 17, 2026 hearing on “Oversight of the United States Postal Service: The Financial Future Under Postmaster General David Steiner,” and the message emerging from Capitol Hill is unmistakable: the United States Postal Service (USPS) faces mounting financial pressure, and…

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Immigration Data and Immigration Policy: Insights From a New CBO Report

Overview of the CBO Report Congressional Budget Office — Immigrant Earnings Assimilation, 1981–2021 (Report No. 62202, March 2026) The report analyzes how immigrants’ earnings evolve after arriving in the United States and how closely their wages eventually approach those of U.S. born workers. Using several decades of census and survey…

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H.R. 2675, Protecting Our Courts from Foreign Manipulation Act

As ordered by the House Committee on the  Judiciary on November 20, 2025. Cost estimate by the Congressional Budget Office (CBO) February 27, 2026:* H.R. 2675 would make it unlawful for a foreign state or sovereign wealth fund to directly or indirectly fund a civil lawsuit in the United States in…

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Congressional Budget Office (CBO) Update: Tariffs, Revenues and the Federal Defecit–What the Latest Numbers Show

An Update from the Congressional Budget Office. * INTRODUCTION: The Congressional Budget Office’s November 2025 update shows that rapidly changing tariff policies have significantly reshaped federal budget projections. As of mid November, the effective U.S. tariff rate is about 14 percentage points higher than a year earlier, and CBO now…

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