Congressional Budget Office Nonpartisan analysis for the U.S. Congress. For cost estimates, follow @USCBOCostEst.
Washington, D.C.
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CBO's Director, Phillip Swagel, highlights his speaking engagements from the first half of 2026.
cbo.gov/publication/61948
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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. cbo.gov/publication/62264
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CBO explains how it estimated that VA benefits would cost about $90,000 annually per active-duty service member if accrual accounting methods were used to fund future disability and health benefits that many veterans will receive. cbo.gov/publication/62384
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The President requested $718 billion in total military compensation for 2026—$277 billion for the Department of Defense and $441 billion for the Department of Veterans Affairs. For details, view CBO's infographic about trends in military compensation. cbo.gov/publication/62260
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Presentation by Berna Demiralp, Tamara Hayford, and Julie Topoleski at a conference about the forces shaping America's fiscal future hosted by the University of Utah and the Brookings Institution. cbo.gov/publication/62516
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CBO describes how it estimated the effects on the labor supply of provisions in the 2025 reconciliation act related to individual income taxes and the Medicaid program. cbo.gov/publication/62267
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Presentation by Chad Shirley, an analyst in CBO's Microeconomic Studies Division, at the 2026 Mileage-Based User Fee Alliance National Conference. cbo.gov/publication/62409
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The No Surprises Act protects patients from unexpected charges from out-of-network health care providers. CBO is seeking research that evaluates the law's effects on health care prices and network participation. cbo.gov/publication/62491
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Analysts in CBO's Health Analysis Division are participating in sessions at the 15th Annual Conference of the American Society of Health Economists (ASHEcon) in Minneapolis. cbo.gov/publication/62386
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The federal budget deficit totaled $1.2 trillion in the first eight months of fiscal year 2026, CBO estimates. That amount is $116 billion less than the deficit recorded during the same period last fiscal year. cbo.gov/publication/61981
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CBO describes the role the Federal Reserve plays in stabilizing financial markets during crises and estimates the costs of programs created during the COVID-19 pandemic to provide liquidity and address stress in financial markets. cbo.gov/publication/61376
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CBO announces the current members of its Panel of Economic Advisers. cbo.gov/publication/62474
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CBO examines how incorporating Social Security wealth into standard measures of family wealth affects estimates of wealth inequality over time. cbo.gov/publication/62263
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Use CBO's interactive tool to simulate the agency's process for projecting discretionary budget authority and outlays for different types of spending over the next 10 years. cbo.gov/publication/61913
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Collections of federal revenues from October 2025 to mid-May 2026 totaled $3.5 trillion, about $50 billion (or 1 percent) less than would be expected on the basis of CBO's February 2026 baseline projections. cbo.gov/publication/62442
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CBO examines three options to quickly increase the offensive lethality of the U.S. Navy's fleet of surface ships by 2030. cbo.gov/publication/62389
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This tool is a simplified version of the model that CBO uses to estimate outlays from discretionary budget authority for its baseline projections and to develop cost estimates for legislation that authorizes or provides discretionary appropriations. cbo.gov/publication/62256
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CBO estimates that a national missile defense system possessing capabilities broadly consistent with those in the "The Iron Dome for America" executive order would cost about $1.2 trillion to develop, deploy, and operate for 20 years. cbo.gov/publication/62379
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Presentation by Phill Swagel, Sean Dunbar, Sarah Masi, and Sarah Sajewski about CBO's baseline projections for health care programs. cbo.gov/publication/62380
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The federal budget deficit totaled $955 billion in the first seven months of fiscal year 2026, CBO estimates. That amount is $94 billion less than the deficit recorded during the same period last fiscal year. cbo.gov/publication/61980
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