S. 273 would authorize nonprofit childcare providers to receive loans guaranteed by the Small Business Administration (SBA). Under current law, a business must be a for-profit enterprise to be eligible for SBA’s programs. The bill also would require SBA to …
The Congressional Budget Act of 1974 requires the Congressional Budget Office to prepare a cost estimate for nearly every bill that is approved by a full committee of either the House or Senate. For those estimates, CBO produces a point estimate—that is, a …
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025
S. 315 would direct the Department of Transportation (DOT) to issue a rule requiring that AM broadcast stations be accessible in all passenger motor vehicles imported into, shipped within, or manufactured and sold within the United States. (Passenger motor …
S. 246 would allow people to transport a knife between state and local jurisdictions where it is legal to possess and carry such a knife under certain conditions. That authority would not apply to people who are otherwise prohibited from possessing, …
The federal budget deficit totaled $838 billion in the first four months of fiscal year 2025, the Congressional Budget Office estimates. That amount is $306 billion more than the deficit recorded during the same period last fiscal year. Revenues were $11 …
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. Under suspension, floor debate is limited, all floor amendments are prohibited, points of order against the bill are …
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. Under suspension, floor debate is limited, all floor amendments are prohibited, points of order against the bill are …
Compensation for military personnel is found in both the defense and nondefense parts of the federal budget. Defense funding, in the Department of Defense’s (DoD’s) budget, is mostly for current military personnel. Nondefense funding in the Department of …
In this report, the Congressional Budget Office provides additional details about the economic forecast that it published, along with the agency’s baseline budget projections, in The Budget and Economic Outlook: 2025 to 2035 earlier this year. By statutory …
This interactive waterfall model is a simplified version of a model used by CBO’s analysts to develop the agency’s baseline projections of discretionary spending, as well as cost estimates for legislation that authorizes discretionary spending. It is …
The Unemployment Insurance (UI) system provides temporary weekly benefits to qualified workers who are unemployed through no fault of their own. The system is run jointly by the states and the federal government. The states administer the system under …
The Congressional Budget Office regularly publishes reports presenting its baseline projections of what the federal budget and the economy would look like in the current year and over the next 10 years if laws governing taxes and spending generally …
This afternoon, I will brief the press, delivering the following remarks. Thank you for joining me. Earlier today, we released The Budget and Economic Outlook: 2025 to 2035. The full document is available on our website along with a one-pager showing key …
I would like to take a moment to introduce, or reintroduce, the Congressional Budget Office to Members of the 119th Congress and their staffs. CBO is committed to supporting the federal budget process. The agency strives to provide timely, objective …
Authorizations are laws that establish or continue the operation of federal agencies or programs. One type of authorization—broad enabling legislation—creates an agency, program, or activity and sets guidelines for how it will operate. A second type of …
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. Under suspension, floor debate is limited, all floor amendments are prohibited, points of order against the bill are …
The size of the U.S. population and its composition by age and sex have significant implications for the economy and the federal budget. For example, the number of people ages 25 to 54 affects the number of people who are employed, and the number of people …
After each fiscal year ends, the Congressional Budget Office reviews its projections of federal revenues and outlays and the government’s budget deficit and compares them with actual budgetary outcomes for that year. By identifying the factors that might …
The federal budget deficit totaled $710 billion in the first quarter of fiscal year 2025, the Congressional Budget Office estimates. That amount is $200 billion more than the deficit recorded during the same period last fiscal year. Outlays were $175 …
