Congressional Budget Office Nonpartisan analysis for the U.S. Congress. For cost estimates, follow @USCBOCostEst.
Washington, D.C.
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Presentation by F. M. Woodward, an analyst in CBO's National Security Division, at the Defense Manpower Roundtable. cbo.gov/publication/62776
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Presentation by William Swanson, an analyst in CBO's Microeconomic Studies Division, at the 2026 Inforum Outlook Conference. cbo.gov/publication/62775
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CBO responds to a request for an analysis of projected deficits and debt under a scenario with higher interest rates and a scenario with a constant debt-to-GDP ratio. cbo.gov/publication/62758
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CBO examines the distribution of income—and of the means-tested transfers and federal taxes that affect it—from 1979 to 2023. cbo.gov/publication/62761
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In CBO's projections, the gap between Social Security's outlays and revenues generally widens over the next 75 years, and the balance of the Old-Age and Survivors Insurance Trust Fund is exhausted in fiscal year 2032. cbo.gov/publication/62556
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CBO announces the members of its Panel of Health Advisers for this year. cbo.gov/publication/62757
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CBO assesses the Department of Defense's costs for the current armed conflict against Iran, as well as the conflict's economic and budgetary effects. cbo.gov/publication/62756
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The federal budget deficit totaled $2.0 trillion in the first 11 months of fiscal year 2026, the CBO estimates. That amount is $6 billion less than the deficit recorded during the same period last fiscal year. cbo.gov/publication/61984
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CBO examines how daily temperature changes affect emergency department visits, spending on those visits, and deaths among people enrolled in Medicare as well as how projected temperature changes caused by climate change affect those outcomes. cbo.gov/publication/62555
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Almost half of the employees at small businesses work for ones that do not offer a health insurance plan. CBO describes sources of coverage, health plan options, enrollment, and premiums. cbo.gov/publication/57984
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CBO provides estimates of the budgetary effects of automatic stabilizers—as well as the size of federal budget deficits without them—over the past 50 years and in CBO's current economic forecast from 2026 to 2036. cbo.gov/publication/62568
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CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This report updates CBO's preliminary report that was released on January 15, 2026. cbo.gov/publication/62551
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Constraints on electric transmission could raise costs and limit the grid's ability to meet rising projected demand. In this slide deck, CBO presents an overview of electric transmission, focusing on factors relevant to its development. cbo.gov/publication/62705
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CBO describes the rules governing the taxation of Social Security benefits and examines how those rules affect federal revenues, the distribution of taxes among beneficiaries, and the broader economy. cbo.gov/publication/62553
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CBO compares the revenue projections it has made since 1982 with actual revenues. On average, CBO has overestimated federal revenues slightly in projections for the upcoming year and by larger amounts in projections for years further in the future. cbo.gov/publication/62552
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Changes in trade policy through July 31, 2026, result in projected total deficits that are $0.9 trillion larger over the 2027–2036 period than they were in CBO’s February 2026 baseline projections. cbo.gov/publication/62704
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The federal budget deficit totaled $1.8 trillion in the first 10 months of fiscal year 2026, CBO estimates. That amount is $169 billion more than the deficit recorded during the same period last fiscal year. cbo.gov/publication/61983
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CBO estimates that it would cost about $275 billion (in 2026 dollars) to build 15 of the Navy's new nuclear-powered battleships through 2056. The first ship would cost about $23 billion, and the next 14 ships would average $18 billion. cbo.gov/publication/62550
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CBO describes excise taxes, examines trends in excise tax revenues, and provides information about the models it uses for its baseline projections of excise tax revenues. cbo.gov/publication/61945
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CBO describes a structural model for estimating how changes in permitting requirements affect private investment. The framework shows how longer or more uncertain permitting processes increase the user cost of capital and reduce investment. cbo.gov/publication/62517
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