CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make …

The Congressional Budget Office is located on the fourth floor of the Ford House Office Building, Second and D Streets, SW, Washington, DC 20515-6925. The building is just across Third Street …

August 8, 2025 The federal budget deficit totaled $1.6 trillion in the first 10 months of fiscal year 2025, the Congressional Budget Office estimates. That amount is $109 billion more than the …

Jan 17, 2025 · In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the …

CBO regularly publishes data to accompany some of its key reports. These data have been published in the Budget and Economic Outlook and Updates and in their associated supplemental …

Jan 17, 2025 · CBO's Budget and Economic Outlook, typically produced in January each year and updated in August, includes an economic forecast and projections of spending and revenues …

Jan 17, 2025 · CBO's regular budget publications include semiannual reports on the budget and economic outlook, annual reports on the President's budget and the long-term budget picture, and …

Cost Estimates CBO is required to produce a cost estimate for nearly every bill approved by a full committee of the House of Representatives or the Senate. Estimates include statements …

Jan 7, 2025 · 10. CBO is always looking for ways to do things better. As the Congress continues to consider large and complex legislation—often on accelerated timelines—CBO seeks ways to …

Jul 10, 2018 · CBO estimates that as result of P.L. 119-21, resources will decrease for households toward the bottom of the income distribution, whereas resources will increase for households in …