A Congressional Budget Report, January 13, 2026.
Learn more about CBO’s work and its processes in a publication that is typically updated at the start of each Congress or a new session.
SUMMARY:
A Congressional Budget Report, January 13, 2026.
Learn more about CBO’s work and its processes in a publication that is typically updated at the start of each Congress or a new session.
SUMMARY:
Congressional Budget Office (CBO)* Report. January 7, 2026.
In CBO’s projections, the U.S. population grows from 349 million people in 2026 to 364 million in 2056, and the average age rises. Starting in 2030, annual deaths exceed annual births, and net immigration accounts for all population growth.
SUMMARY:
September 11-18, 2025
Over the past week, Philip Swagel participated in several events where he highlighted Congressional Budget Office’s* role, discussed recent analyses, and engaged with audiences on topics ranging from tax policy to long-term fiscal challenges.
On September 11, he joined a breakfast discussion on tax policy hosted by a group of private-sector professionals, known as the “Behind the Tree” tax group.
From the Congressional Budget Office (CBO), July 18, 2025.
CBO was asked to assess the effects of a permanent 10 percent reduction in NIH funding and a nine-month increase in FDA review times of new drug applications.
SUMMARY STATEMENT:
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.)
Congressional Budget Office (CBO) Report, June 5, 2025.
CBO estimates that debt-service costs under H.R. 1, the One Big Beautiful Bill Act, would total $551 billion over the 2025–2034 period—increasing the bill’s cumulative effect on the deficit to $3.0 trillion.
Summary:
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.