Articles Posted in Congressional Budget Office

August 19, 2023

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 bill would decrease net direct spending by $5 million over the 2023-2033 period, CBO estimates.

August 5, 2023

CBO: Answers to Questions for the Record Following a Hearing on Social Security’s Finances

by David Badertscher

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 for the record. This document provides CBO’s answers.

Full Text of Document Providing CBO’s Answers to questions submitted.