CBO responds to Senator Rand Paul’s request for information about CBO’s operations had there been a shutdown on October 1. CBO Letter responding to Senator Rand Paul’s request Summary; Because of CBO’s role in supporting the Congress in its constitutional function, the agency had been instructed by the House and…
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…
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…
As ordered reported by the House Committee on Natural Resources on June 13, 2023 Congressional Budget Office, Cost Estimate–August 10, 2023. Summary: H.R. 3389 would require the Departments of Agriculture and the Interior to evaluate the system that uses airplanes to drop containers of water and other fire retardants on…
The federal budget deficit was $1.6 trillion in the first 10 months of fiscal year 2023, the Congressional Budget Office estimates—more than twice the shortfall recorded during the same period last year. Revenues were 10 percent lower and outlays were 10 percent higher from October through July than they were…
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…
August 4, 2023. As ordered Reported by the House Committee on Oversight and Accountability on July 12, 2023. Summary: H.R. 4503 would require the Office of Management and Budget (OMB) to expand a training program to provide federal managers with an introductory understanding of the operational benefits and privacy risks…
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…