Articles Tagged with Congressional Budget Office

Congressional Budget Office (CBO) Cost Estimate July 9, 2025.

In the context of the US Congress, SOPRA refers to the Separation of Powers Restoration Act. It’s a legislative proposal aimed at amending the Administrative Procedure Act to change how courts review agency actions. Specifically, SOPRA seeks to eliminate the practice of “Chevron deference,” where courts defer to an agency’s interpretation of a law if it’s deemed reasonable, and instead require courts to review legal questions de novo, meaning without deference to the agency’s interpretation. 

COST ESTIMATE LETTER JULY 9 2025

Report from the Congressional Budget Office (CBO): July 9, 2025.

The federal budget deficit totaled $1.3 trillion in the first nine months of fiscal year 2025, CBO estimates. That amount is $65 billion more than the deficit recorded during the same period last fiscal year.

SUMMARY:

From the Congressional Budget Office. June 27, 2025.

SUMMARY:

CBO provides information regarding the agency’s analysis of an amendment in the nature of a substitute to H.R. 1, the One Big Beautiful Bill Act, as posted on the website of the Senate Committee on the Budget on June 27, 2025 (https://tinyurl.com/2ejs4ut5).

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.

Contact Information