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 …

Dec 18, 2024 · reflect CBO’s expectation that an increase in tariffs by the United States would prompt other countries to retaliate with equivalent tariffs on exports from the United States. …

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 …

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, …

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 …

Jan 17, 2025 · 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 …

Jan 15, 2025 · In CBO’s projections, the U.S. population increases from 350 million people in 2025 to 372 million in 2055, and the average age rises. Beginning in 2033, annual deaths …

Jun 18, 2024 · CBO’s baseline reflects discretionary funding related to the surge only to the extent that any funding is reflected in the most recent (2024) appropriations. CBO has no basis for …

The division is also responsible for CBO’s long-term budget projections and collaborates on analyses of the long-term effects of proposed legislation. Biographies and Staff Listings …

Jan 7, 2025 · 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 …