A Report issued by the Congressional Budget Office (CBO): “In CBO’s latest projections, economic growth slows and then picks up over the 2023–2025 period. That initial slowdown in economic growth drives up unemployment. Inflation continues to gradually decline.” Summary: “The Congressional Budget Office periodically updates its economic forecast to ensure…
Articles Posted in Congressional Budget Office
S. 2256, Federal Cybersecurity Workforce Expansion Act
New from the Congressional Budget Office (CBO). August 28, 2023 – Cost Estimate. Summary. S. 2256 would require the Department of Homeland Security (DHS) to establish a cybersecurity apprenticeship program to recruit and hire people to perform information technology and cybersecurity roles for the department. DHS also would provide apprentices…
S.539, Supreme Court Ethics, Recusal, and Transparency Act of 2023
New from the Congressional Budget Office (CBO). Cost Estimate, August 23. 2023 As ordered reported by the Senate Committee on the Judiciary, July 30, 2023 Summary: S. 359 would require the Supreme Court and other federal courts to implement several ethics and transparency practices, and would direct federal agencies to…
New From Congressional Budget Office – August 19, 2023
H.R. 3874, Veterans Education Assistance Improvement Act As ordered reported by the House Committee on Veterans Affairs on July 26 2023. H.R. 3874 would make changes to education benefit programs administered by the Department of Veterans Affairs (VA). The costs of those programs are paid from mandatory appropriations. Enacting the…
CBO: Answers to Questions for the Record Following a Hearing on Social Security’s Finances
Report: August 4, 2023. On July 12, 2023, the Senate Committee on the Budget convened a hearing at which Phillip L. Swagel, the Director of the Congressional Budget Office, testified about Social Security’s finances. After the hearing, Chairman Sheldon Whitehouse, Ranking Member Chuck Grassley, and Senator Ron Wyden submitted questions…