The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
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.
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.
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.
Recent comments