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- Congressional Budget Office
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 policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis
- 10 Things to Know About CBO - Congressional Budget Office
CBO was established by the Congressional Budget Act of 1974 (the Budget Act) to provide objective, nonpartisan information to support the Congressional budget process CBO helps the Congress make effective budget and economic policy and offers an alternative to the information provided by the Office of Management and Budget and other agencies
- Outlook for the Budget and the Economy - Congressional Budget Office
CBO also updates its budget projections each spring in conjunction with its analysis of the President's budgetary proposals By showing outcomes if current laws generally remained in place, the baseline projections provide the Congress with a benchmark against which to measure the effects of proposed changes in spending and tax laws
- Budget | Congressional Budget Office
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 a biannual set of options for reducing budget deficits
- Budget and Economic Data | Congressional Budget Office
Projections of output, prices, labor market measures, interest rates, and income Beginning in January 2020, these files also include projections of potential GDP (the economy’s maximum sustainable output) and its underlying inputs In May 2020, CBO published selected 2-year and 10-year economic projections
- Introduction to CBO - Congressional Budget Office
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 policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis
- Reports - Congressional Budget Office
CBO estimates that enacting H R 1 and making 16 tax provisions within H R 1 permanent would raise debt-service costs by $687 billion over the 2025–2034 period and increase the bill's cumulative deficit effect to $4 5 trillion
- The Budget and Economic Outlook: 2025 to 2035
a CBO’s estimate of the amount of real GDP that could be produced if labor and capital were employed at their maximum sustainable rates b CBO’s estimate of how big the labor force would be if economic output and other key variables were at their maximum sustainable amounts c The ratio of real potential GDP to the potential labor force d
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