Congressional Budget Office
The size of the U.S. population and its composition by age and sex have significant implications for the economy and the federal budget. In CBO’s projections, the U.S. population increases from 350 million people in 2025 to 372 million in 2055.
Budget and Economic Data - Congressional Budget Office
Historical Budget Data. Data on revenues, outlays, and the deficit or surplus from 1962 through the most recent year completed.
Introduction to CBO | Congressional Budget Office
Since 1975, CBO has produced independent analyses of budgetary and economic issues to support the Congressional budget process. Each year, the agency’s economists and budget analysts produce dozens of reports and hundreds of cost estimates for proposed legislation.
Budget | Congressional Budget Office
Jun 18, 2024 · View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2022, as well as broader trends in the budget over the past few decades.
Outlook for the Budget and the Economy - Congressional Budget …
Jun 18, 2024 · 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 under current law—known as baseline projections—over the next 10 years.
The Budget and Economic Outlook: 2024 to 2034 - Congressional …
In the Congressional Budget Office’s baseline budget projections, the federal budget deficit is $1.5 trillion this year and generally increases over the next decade, reaching $2.6 trillion in 2034.
10 Things to Know About CBO | Congressional Budget Office
Jan 7, 2025 · Lawmakers created the Congressional Budget Office to help the Congress play a stronger role in budget matters. CBO was established by the Congressional Budget Act of 1974 (the Budget Act) to provide objective, nonpartisan information to support the Congressional budget process.
Cost Estimates - Congressional Budget Office
Cost estimates are advisory only; they can, but need not, be used to enforce budgetary rules or targets. CBO does not enforce budgetary rules; the Budget Committees do.
CBO’s Current View of the Economy From 2025 to 2027
The Congressional Budget Office periodically updates its economic forecast to reflect recent economic developments and changes in laws that affect taxes and spending. This report provides details about CBO’s latest projections of the economy through 2027 (see Table 1).
An Analysis of the Navy’s 2025 Shipbuilding Plan | Congressional …
In this report, the Congressional Budget Office analyzes the Navy’s 2025 plan and estimates its costs. Overall, the Navy wants to build a larger fleet whose firepower is distributed among more ships than it is today.