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- Congressional Budget Office
In fiscal year 2025, which ended on September 30, the federal budget deficit totaled $1 8 trillion—a decrease of $41 billion (or 2 percent) from the shortfall recorded in the previous year Revenues and outlays alike increased from 2024 totals
- Key Budget and Economic Data | Congressional Budget Office
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 material, except for that from the Long-Term Budget Outlook
- 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
- H. R. 1, One Big Beautiful Bill Act (Dynamic Estimate)
The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H R 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2 4 trillion over the 2025-2034 period [1] That estimate reflects a $3 7 trillion reduction in revenues and a $1 3 trillion reduction in noninterest
- Frequently Asked Questions | Congressional Budget Office
Where can I find CBO's latest budget and economic projections? CBO issues 10-year budget projections (usually three times a year), 10-year economic forecasts (usually twice a year), reports on spending and revenues in the current fiscal year (monthly), and long-term budget projections (once a year)
- 10 Things to Know About CBO - Congressional Budget Office
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 in the executive branch
- Introduction to 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 and to help the Congress make effective budget and economic policy
- Reports | Congressional Budget Office
CBO assesses the possible effects of a government shutdown on the pay of federal employees and describes possible effects on the economy, business activity, procurements and contracts, and the operation of national parks and monuments
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