Articles Tagged with Congressional Budget Office

In this June 18, 2025 Report, the Congressional Budget Office (CBO)  provides information concerning outlays for the government’s major mandatory programs and tax credits that are primarily means-tested and provide assistance to people with relatively low income or few assets.

Summary:

House Budget Committee Chairman Arrington has asked CBO to provide information concerning outlays for the government’s major mandatory programs and tax credits that are primarily means-tested; that is, for programs and tax credits that provide cash payments or other forms of assistance to people with relatively low income or few assets.

From the Congressional Budget Office (CBO), June 12, 2025:*

OVERVIEW:

“This interactive tool illustrates the distributional effects of H.R. 1, the One Big Beautiful Bill Act. It allows users to explore how H.R. 1, as passed by the House of Representatives on May 22, 2025, would affect the economic resources available to households grouped on the basis of their income. (See CBO’s estimate of the budgetary effects of the bill.)

As ordered by the House Committee on Oversight and Government Reform on March 25, 2025.

From the Congressional Budget Office (CBO) :

H.R. 1295 would reauthorize and expand through December 2026 the authority for the President to develop a government reorganization plan and submit that plan to the Congress under an expedited legislative procedure. Under the bill, such a plan could include reducing the federal workforce, decreasing the cost and burden of regulatory compliance, and eliminating government operations that are not in the public interest. The bill also would expand the number of agencies subject to such a reorganization.

The Congressional Budget Office (CBO)* has created a workbook to allow users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables relative to the values underlying CBO’s January 2025 projections.

SUMMARY:

This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables—productivity growth, labor force growth, interest rates, and inflation—relative to the values underlying the Congressional Budget Office’s most recent projections. Those projections were published in The Budget and Economic Outlook: 2025 to 2035.

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