Congressional Budget Office Report

Ford house office building 4th.

Congressional budget office report. Crs reports as a work of the united states government are not subject to copyright protection in the united states. The congressional budget office produces independent nonpartisan analysis of economic and budgetary issues to support the congressional budget process. Report on the troubled asset relief program march 2020 the congressional budget office s work in 2019.

Inspired by california s legislative analyst s office that manages the state budget in a strictly nonpartisan fashion the cbo was created as a nonpartisan agency by the congressional budget and impoundment control. Future plans and a review of 2019. The agency currently plans to release those budget projections later this summer.

A report to the congress transparency at cbo. This report presents the baseline economic forecast that the congressional budget office is using as the basis for updating its budget projections for 2020 to 2030. Each year the congressional budget office publishes a report presenting its projections of what federal deficits debt spending and revenues would be for the next 30 years if current laws governing taxes and spending generally did not change.

The congressional budget office cbo is a federal agency within the legislative branch of the united states government that provides budget and economic information to congress. The cumulative federal budget deficit for the first 11 months of fiscal year 2020 was 3 0 trillion cbo estimates 1 9 trillion more than the deficit recorded for the same period last year. Contact the congressional budget office.