Originally posted by John McClellan et. al. on July 25, 2023. As part of the legislative process, the Congressional Budget Office* supplies the Congress with cost estimates for legislation, economic and budget projections, and other economic assessments. Information from the research community is an important element of CBO’s analyses. This…
Original Posting by David Mosher et.al. on July 24, 2023* As part of the legislative process, the Congressional Budget Office supplies the Congress with cost estimates for legislation, economic and budget projections, and other economic assessments. Information from the research community is an important element of CBO’s analyses. This is…
Original posting by Richard DeKaser on the CBO Blog, July 21,2023.* As part of the legislative process, the Congressional Budget Office supplies the Congress with cost estimates for legislation, economic and budget projections, and other economic assessments. Information from the research community is an important element of CBO’s analyses. This…
The following is a list of CBO reports and other documents reflecting recent activity, received on July 21, 2023: Legislation considered under suspension of the Rules of the House of Representatives during the week of July 24, 2023 H.R. 2948, the CARS Act H.R. 915, the Motor Carrier Safety Selection…
During this past week (week ending July 21,2023) we have received listings of 35 Government and Administrative Law Summaries, 69 Constitutional Law summaries and 64 Criminal Law Summaries . We plan is to continue posting opinion summaries, under corresponding areas of law, weekly whenever possible in order to keep blog…
Report, July 14, 2023 CBO estimates that plans for U.S. nuclear forces, as described in the fiscal year 2023 budget and supporting documents, would cost $756 billion over the 2023–2032 period, $122 billion more than CBO’s 2021 estimate for the 2021–2030 period. Summary: Nuclear weapons have been an important component…
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 17, 2023 This bill would: • Authorize the Department of Homeland Security (DHS) to provide danger pay allowances to employees who are stationed abroad in certain areas • Create new criminal penalties for destroying, damaging,…
In an earlier posting, CBO Projections: The 2023 Budget, we provided Congressional Budget Office (CBO) documents which discuss, from a budgetary perspective, their analysis and projections of what the federal budget and economy would look like over the next 20 years, if current laws generally remain unchanged. In this posting…
Report June 28, 2023: Introduction: The U.S. faces a challenging fiscal outlook in the coming years, according to CBO’s projections. Measured as a percentage of GDP, large and sustained deficits lead to high and rising federal debt that exceeds any previously recorded level. Summary: Each year, the Congressional Budget Office…
As reported by the Senate Committee on Foreign Relations on June 13, 2023. Summary: S. 1074 would require the Departments of State and Defense to identify and report to the Congress on U.S. goods and services that China relies on and Chinese goods and services that the federal government procures…