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Articles Posted in Legislative Information

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Congressional Budget Office: H.R.4503, AI Training Expansion Act of 2023

August 4, 2023. As ordered Reported  by the House Committee on Oversight and Accountability on July 12, 2023. Summary: H.R. 4503 would require the Office of Management and Budget (OMB) to expand a training program to provide federal managers with an introductory understanding of the operational benefits and privacy risks…

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CBO Blog Post: A Call for New Research In the Area of Taxes and Transfers

Originally posted by John McClellan et. al. on July 25, 2023. As part of the legislative process, the Congressional Budget Office* supplies the Congress with cost estimates for legislation, economic and budget projections, and other economic assessments. Information from the research community is an important element of CBO’s analyses. This…

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CB0 Blog Posting: Call For New Research in the Area of National Security

Original Posting  by David Mosher et.al. on  July 24, 2023* As part of the legislative process, the Congressional Budget Office supplies the Congress with cost estimates for legislation, economic and budget projections, and other economic assessments. Information from the research community is an important element of CBO’s analyses. This is…

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CBO Blog Posting: A Call for New Research in the Area of Macroeconomics

Original posting by Richard DeKaser on the CBO Blog, July 21,2023.* As part of the legislative process, the Congressional Budget Office supplies the Congress with cost estimates for legislation, economic and budget projections, and other economic assessments. Information from the research community is an important element of CBO’s analyses. This…

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New From the Congressional Budget Office (CBO), July 21, 2023

The following is a list of CBO reports and other documents reflecting recent activity, received on July 21, 2023: Legislation considered under suspension of the Rules of the House of Representatives during the week of July 24, 2023 H.R. 2948, the CARS Act H.R. 915, the Motor Carrier Safety Selection…

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Congressional Budget Office: Projected Costs of U.S. Nuclear Forces, 2023 – 2032

Report, July 14, 2023 CBO estimates that plans for U.S. nuclear forces, as described in the fiscal year 2023 budget and supporting documents, would cost $756 billion over the 2023–2032 period, $122 billion more than CBO’s 2021 estimate for the 2021–2030 period. Summary: Nuclear weapons have been an important component…

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Congressional Budget Office: S.1464, Enhancing Department of Homeland Security Drug Seizures Act

As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 17, 2023 This bill would: • Authorize the Department of Homeland Security (DHS) to provide danger pay allowances to employees who are stationed abroad in certain areas • Create new criminal penalties for destroying, damaging,…

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The State of the Economy of the United States: As Viewed by GAO and CBO

In an earlier posting, CBO Projections: The 2023 Budget, we provided Congressional Budget Office (CBO) documents which discuss, from a budgetary perspective, their analysis and projections of what the federal budget and economy would look like over the next 20 years, if current laws generally remain unchanged. In this posting…

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CBO Projections: The 2023 Long-Term Budget Outlook

Report June 28, 2023: Introduction: The U.S. faces a challenging fiscal outlook in the coming years, according to CBO’s projections. Measured as a percentage of GDP, large and sustained deficits lead to high and rising federal debt that exceeds any previously recorded level. Summary: Each year, the Congressional Budget Office…

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CBO: Estimated Budgetary Effects of HR. 3564, the Middle Class Borrower Protection Act of 1023

  This posting contains additional information not included in my June 22,2023 posting: HR. 3564 Middle Class Borrower Protection Act of 2023. As posted on the website of the House Committee on Rules on June 20, 2023 https://rules.house.gov/bill/118/hr-3564 Summary. The first six sections of H.R. 3564 would repeal the structure…

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