Jan 15, 2025 · In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.

Jan 17, 2025 · The Congressional Budget Office regularly publishes reports presenting its baseline projections of what the federal budget and the economy would look like in the current year and over the next 10 years if laws governing taxes and spending generally remained unchanged. This report is the latest in that series, presented in an abbreviated version ...

Historical Budget Data. Data on revenues, outlays, and the deficit or surplus from 1962 through the most recent year completed.

“Today’s report by the Congressional Budget Office confirms that the Biden-Harris Administration has grown the deficit by $1.8 trillion this year. The Biden-Harris agenda of unbridled spending and record inflation has pushed our nation further along a completely unsustainable path.

Official Budgets and Economic Reports. Budget of the United States Government (GPO) (FY1996-present) Economic Report of the President (GPO) (1995-present) Congressional Budget Office Resources. Expired and Expiring Authorizations of Appropriations (from 2000-2016, this report was titled “Unauthorized Appropriations and Expiring Authorizations”)

Jan 21, 2025 · Congressional Budget Office Updates Baseline: Deficit Totals to Third Highest in American History. WASHINGTON, D.C. – Last week, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2025-2035.CBO’s report helps Congress understand the fiscal and economic challenges facing the country.

Jun 18, 2024 · – Today, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2024-2034. This is an update to its February baseline. CBO’s report helps Congress understand the fiscal and economic challenges facing the country.

This volume is one of a series of reports on the state of the budget and the economy that the Congressional Budget Office issues each year. It satisfies the requirement of section 202(e) of the Congressional Budget Act of 1974 for CBO to submit to the Committees on the Budget periodic reports about fiscal policy and to provide baseline ...

Search CBO reports by subject area, date range, or document type. Cost Estimates. Find CBO cost estimates using a variety of search fields. Visit the CBO Website. All this and much more on the website of the Congressional Budget Office.

Jan 16, 2025 · The Financial Report of the U.S. Government provides a comprehensive view of government finances, including revenues, costs, assets, liabilities, and long-term sustainability. We audit the financial statements in that report each year, but we haven't yet been able to determine if they are fairly presented. This year, it was primarily due to: