CBO

Testimony on The Budget and Economic Outlook: 2026 to 2036

CBO Director Phillip Swagel testifies about the agency's most recent analysis of the outlook for the budget and the economy before the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth.

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Monthly Budget Review: February 2026

The federal budget deficit totaled $1.0 trillion in the first five months of fiscal year 2026, CBO estimates. That amount is $142 billion less than the deficit recorded during the same period last fiscal year.

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Immigrant Earnings Assimilation, 1981–2021

Presentation about work by Daniel Crown, an analyst in CBO's Long-Term Analysis Unit, and Randall Akee, Harvard University, at Immigrants and the U.S. Economy, a National Bureau of Economic Research conference.

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