The federal budget deficit totaled $1.8 trillion in the first 10 months of fiscal year 2026, CBO estimates. That amount is $169 billion more than the deficit recorded during the same period last fiscal year. https://t.co/ilDE0061YB
CBO estimates that it would cost about $275 billion (in 2026 dollars) to build 15 of the Navy's new nuclear-powered battleships through 2056. The first ship would cost about $23 billion, and the next 14 ships would average $18 billion. https://t.co/kjr4JvYRFg
CBO describes excise taxes, examines trends in excise tax revenues, and provides information about the models it uses for its baseline projections of excise tax revenues. https://t.co/xejp4hra0Q
CBO describes a structural model for estimating how changes in permitting requirements affect private investment. The framework shows how longer or more uncertain permitting processes increase the user cost of capital and reduce investment. https://t.co/3rEXKt1p1t
CBO provides current information about the budgetary effects of drug provisions in the 2022 Reconciliation Act; the effects of drug price negotiation, inflation rebates, and the Medicare Part D redesign; and ongoing updates to CBO's models. https://t.co/pUPmw4D4VU
Presentation by Aaron Betz, an analyst in CBO's Macroeconomic Analysis Division, at the NABE Foundation's 23rd Annual Economic Measurement Seminar. https://t.co/SRCS7TpHkO
CBO projects that the U.S. military's fighter fleet will shrink from about 3,300 aircraft now to about 3,000 by 2029 and then grow to 3,600 aircraft by 2040. Starting in 2033, more than half of the fleet will be harder-to-detect stealthy aircraft. https://t.co/HuHkKSaXsa
Federal subsidies for health insurance total $33.6 trillion over the 2026–2036 period in CBO and JCT's projections. Those estimated subsidies grow from 7.4 percent of gross domestic product (GDP) in 2026 to 8.4 percent of GDP in 2036. https://t.co/86dokT4aqb
CBO estimates the costs of federal credit programs in 2027 in two ways—following procedures prescribed by the Federal Credit Reform Act and using a fair-value approach, which measures the market value of the government’s obligations. https://t.co/Zi5sbZGNst
CBO describes a new framework for allocating the budgetary effects of changes to Medicaid policies to households. The framework accounts for changes in income for Medicaid enrollees, health care providers, and private insurers. https://t.co/0ju3UDmc0U
The Senate Committee on the Budget convened a hearing at which Molly Dahl, CBO's Chief of Long-Term Analysis, testified about Social Security's finances. This document provides CBO's answers to questions submitted for the record. https://t.co/cIe8Psf4Aw
CBO is saddened by the unexpected death of Senator Lindsey Graham. We had the privilege of working closely with Senator Graham during his service as Chairman of the Senate Budget Committee and when he was the committee's Ranking Member. https://t.co/2HzhMUvSrU
CBO describes current methods to detect and counter small unmanned aircraft systems and estimates it would cost about $74 million to outfit a typical military installation with a layered defense and at least $5 million a year to support it. https://t.co/DWWcsDPHWZ
The federal budget deficit totaled $1.4 trillion in the first nine months of fiscal year 2026, CBO estimates. That amount is $35 billion more than the deficit recorded during the same period last fiscal year.
https://t.co/taXS8Uo2lE
CBO describes its current analytical framework for modeling the economic effects of changes in federal funding for R&D, focusing on two approaches that CBO has developed: an R&D capital stock approach and an R&D components approach. https://t.co/By0vP7k0ck
CBO estimates how the proposals in the President's budget request for 2027 would affect mandatory and discretionary spending over the 2027–2036 period. https://t.co/anJZ7Ugxqq
CBO examines the terms and conditions of the Treasury's assistance provided to airlines and national security businesses during the COVID-19 pandemic and the resulting economic and budgetary effects. https://t.co/pK0vSCQXmA