Criminal Law Library BlogFrom Congressional Budget Office (CBO):
CBO’s Budget Director, Philip Swagel, testified before the House Committee on the Budget, September 11, 2024.
Summary of Testimony:
Articles Posted in Congressional Budget Office
Congenital Heart Futures Reauthorization Act of 2024, S. 3757
From the Congressional Budget Office (CBO)*.
As reported by the Senate Committee on Health, Education, Labor, and Pension Committee on June 18, 2024.
Summary:
Information Sources for Policymakers: Congressional Budget Office 101
From the Congressional Budget Office (CBO)
A presentation by Lara Robillard, an analyst in CBO’s Budget Analysis Division, at AcademyHealth’s Health Policy Orientation.
SUMMARY:
An Analysis of the President’s 2025 Budget by the Congressional Budget Office
“On March 11, 2024, the Administration submitted its annual set of budgetary proposals to the Congress. In this report, the Congressional Budget Office* examines how those proposals, if enacted, would affect budgetary outcomes in relation to CBO’s most recent baseline budget projections. Those projections extend from 2024 to 2034 and reflect the assumption that current laws governing federal spending and revenues will generally remain in place.”
Summary:
“On March 11, 2024, the Administration submitted its annual set of budgetary proposals to the Congress. In this report, the Congressional Budget Office examines how those proposals, if enacted, would affect budgetary outcomes in relation to CBO’s most recent baseline budget projections. Those projections extend from 2024 to 2034 and reflect the assumption that current laws governing federal spending and revenues will generally remain in place. CBO’s baseline budget projections and its analysis of the President’s proposals are based on the agency’s economic forecast published in June, which reflects developments through early May. (In this analysis, any feedback from the macroeconomic effects of the President’s proposed policies is excluded.)
Alternative Approaches to Reducing Prescription Drug Prices
A report from the Congressional Budget Office (CBO)*, October 4, 2024.
This CBO Report discusses prescription drug prices and approaches aimed at reducing those prices. Some of the approaches would cap prices or limit their growth, and other approaches would promote price competition or affect the flow of information.
Summary:
Monthly U.S. Budget Review: July 2024
Congressional Budget Office (CBO)*: The federal budget deficit was $1.5 trillion in the first 10 months of fiscal year 2024, CBO estimates—$103 billion less than the deficit recorded during the same period last fiscal year.
SUMMARY:
“The federal budget deficit was $1.5 trillion in the first 10 months of fiscal year 2024, the Congressional Budget Office estimates—$103 billion less than the deficit recorded during the same period last fiscal year. Revenues were $397 billion (or 11 percent) higher and outlays were $293 billion (or 6 percent) higher from October through July than they were during the same period in fiscal year 2023.
Congressional Budget Office Quarter in Review, July 2024
Over the past three months, the Congressional Budget Office has produced a variety of budget and economic analyses, cost estimates, and analytic products, thus fulfilling its core mission of supporting the Congress during each stage of the legislative process. This newsletter is a companion to CBO’s Recent Publications and Work in Progress as of June 30, 2024, which offers a summary of recent publications and those scheduled to be released in the coming months.
CBO also regularly publishes presentations and budget and economic data, which can be found on the agency’s website.
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CBO: Protecting Older Americans Act of 2023
As reported by the Senate Committee on the Judiciary on May 16, 2024.
Summary:
S. 1979 would prohibit predispute arbitration agreements or joint-action waivers from being valid or enforceable if they require arbitration of an age discrimination dispute. Federal law prohibits employers from discriminating against people who are 40 years of age or older based on their age in any aspect of employment, including hiring, firing, promotion, compensation, job assignments, and training.
CBO Monthly Federal Budget Review: May 2024
According to the Congressional Budget Office the federal budget deficit was $1.2 trillion in the first eight months of fiscal year 2024, CBO estimates—$38 billion more than the deficit recorded during the same period last fiscal year.
SUMMARY:
The federal budget deficit was $1.2 trillion in the first eight months of fiscal year 2024, the Congressional Budget Office estimates—$38 billion more than the deficit recorded during the same period last fiscal year. Revenues were $294 billion (or 10 percent) higher and outlays were $332 billion (or 8 percent) higher from October through May than during the same period in fiscal year 2023.
Testimony on Social Security Finances
From the Congressional Budget Office (CBO):
June 4, 2024
CBO’s Director, Phillip Swagel, testifies before the House Ways and Means Committee’s Subcommittee on Social Security about the significant financial challenge the program faces in the coming decades