A May 13, 2024 presentation at the American Enterprise Institute by the Congressional Budget Office (CBO). In its work for the Congress, CBO regularly projects budgetary and economic outcomes over the 10-year budget window (the period used in the Congressional budget process) and for an additional 20 years. This presentation…
On April 10, 2024, CBO’s Director, Phillip Swagel, testified before the House Appropriations Committee’s Subcommittee on the Legislative Branch regarding the Congressional Budget Office’s request for appropriations for fiscal year 2025. This posting includes a summary of the Director’s testimony followed by a link to his complete testimony and links…
This posting includes the Summary and a link to the full text of CBO’s Director, Phillip Swagel’s testimony before the House Appropriations Committee’s Subcommittee on the Legislative Branch. A supporting mission statement is included. SUMMARY: Chairman Amodei, Ranking Member Espaillat, and Members of the Subcommittee, thank you for the opportunity…
H.R.7156, as ordered reported by the House Committee on Financial Services on February 29, 2024. CBO Summary: H.R. 7156 would expand the authority of the Secret Service to investigate financial crimes. Specifically, the bill would authorize the Secret Service to investigate the operations of unlicensed money transmitting businesses—entities that provide…
A presentation by Chapin White, CBO’s Director of Health Analysis, at the David Rogers Health Policy Colloquium, Weill Cornell Medicine. SUMMARY: This presentation provides a brief look at Congressional Budget Office’s work related to federal spending on health care and the recent slowdown in the growth of such spending. It…
The death penalty remains a highly contested issue in the United States, with arguments raging on both sides. However, beyond the ethical and legal debates lies a lesser-known aspect: the phenomenon of failed executions. These attempts, often characterized by prolonged suffering and technical difficulties, raise serious concerns about the very…
INTRODUCTION: Medicare, the federal health insurance program in the United States, serves millions of Americans, providing essential healthcare coverage for seniors and certain individuals with disabilities. However, with its vast reach and substantial funding, Medicare is also a target for fraud and deception. Fraudulent activities not only drain taxpayer dollars…
Projections of the Congressional Budget Office, “The Congressional Budget Office regularly publishes reports presenting its baseline projections of what the federal budget and the economy would look like in the current year and over the next 10 years if laws governing taxes and spending generally remained unchanged. This report is…
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…
CBO responds to Senator Rand Paul’s request for information about CBO’s operations had there been a shutdown on October 1. CBO Letter responding to Senator Rand Paul’s request Summary; Because of CBO’s role in supporting the Congress in its constitutional function, the agency had been instructed by the House and…