A presentation by Congressional Budget Office (CBO) analysts Rebecca Heller, Shannon Mok, and James Pearce, and Census Bureau research economist Jonathan Rothbaum at the American Economic Association Annual Meeting, Committee on Economic Statistics on January 5, 2024. According to the CBO, the purpose of this presentation is to summarize preliminary…
The current edition of Sci Tech e-Merging News published by the Science and Technology Section of the American Bar Association, contains announcements of upcoming events and updated research discussing issues of special interest to both members of the legal profession and others outside the legal profession who face similar concerns.…
Message From the Internet Society: As 2023 comes to a close, we’re thinking a lot about what lies ahead for 2024. How many of the 2.6 million people who are unconnected get Internet access next year? How many of the threats to the Internet from governments and corporations around the…
December 15, 2023 The Congressional Budget reports that its May 2022 projections for fiscal year 2023, CBO overestimated revenues by 11 percent and underestimated outlays by 9 percent. CBO’s projection of the federal deficit for 2023 was less than the actual amount by 3.9 percent of GDP. SUMMARY: After each…
In this report CBO responds to questions about the agency’s current view of economic growth and interest rates and the implications of that view for the federal budget—as well as about the implications of inflation for workers. SUMMARY: This letter responds to questions about the Congressional Budget Office’s current view…
“Google launched its most ambitious AI model called Gemini on Wednesday [December 6, 2023], which is described as Google’s “largest and most capable AI model.” The company announced a “Gemini era” where the model will be used widely in companies and consumer devices like Google Pixel phones. Unlike existing AI…
Yesterday, December 12, 2023, we received an email from Open AI announcing changes to their Terms of Use and Privacy Policy that will make it easier to understand what to expect from Open AI when you use their services. The changes will become effective on January 31, 2024. Below is…
In a previous posting on this blog, Reflections of a Retired Law Librarian: From Mimeograph to Generative AI, I urged professional organizations, including the American Bar Association (ABA) and the American Association of Law Libraries (AALL), to appoint committees or commissions at the highest level to facilitate the development and…
Presentation by: Lara Robillard, an analyst in CBO’s Budget Analysis Division, to the Leadership Fellowship Program at the National Hispanic Medical Association. Summary: CBO was established to give the Congress a stronger role in budget matters. The agency provides analysis of budgetary and economic issues that is objective and impartial.…
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…