Center on Budget and Policy Priorities1d
Technical Note: Difference Between CBPP and CBO Ten-Year Budget Projections
This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...
Opinion
Mass deportations are popular, but they have economic consequences
The impact on the U.S. economy as a whole will depend on how extensive the deportations are. While Donald Trump has threatened to carry out the “ largest deportation program in American history ” ...
Pensions&Investments1d
Verus CIO Toner says recession worries have eased, but it's too early to tell how Trump’s policies will impact institutional portfolios
In December, the nonpartisan Congressional Budget Office warned that if Trump slapped a 10% tariff on all imports and a 60% ...
The Recession That Never Was Could Be Coming This Year
There are essentially no economists predicting a recession right now. That’s in sharp contrast to just 24 months ago. Could ...
RealClearMarkets1d
Congress Should Look at CBO Revenue Forecasts with Caution
The Congressional Budget Office recently released a report analyzing the accuracy of their budget projections. The agency ...
U.S. economic growth slowed to 2.3 percent in late 2024
The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year as businesses pulled back ...
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
Even Progressives Now Worry About the Federal Debt
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
U.S. Economy Grew Slower In Fourth Quarter, But Still Solid
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...
How Anti-Immigration Policies Hurt Both Communities And Commerce
As the current administration continues to implement a series of executive orders aimed at limiting immigration, the ...
Committee for a Responsible Federal Budget3d
Meeting Fiscal Goals Under CBO’s January 2025 Baseline
Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...