As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 31, 2024

CBO's transparency efforts are intended to promote a thorough understanding of its work, help people gauge how estimates might change if policies or circumstances differed, and enhance the credibility of its analyses and processes.

CBO provides an overview of federal tax credits that support investment in wind and solar electric power. The agency also explains how it assesses the credits’ budgetary and economic effects and how its baseline reflects JCT’s revenue estimates.

As ordered reported by the House Committee on Financial Services on March 27, 2025

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on March 12, 2025

CBO analyzed the effects of an alternative budget scenario in which certain provisions of the 2017 tax act were extended permanently and revenues were reduced by additional amounts.

As ordered reported by the Senate Committee on Foreign Relations on March 27, 2025

CBO requests appropriations of $75.8 million for fiscal year 2026. The requested amount is an increase of $5.8 million, or 8.2 percent, above the funding provided this year.

CBO’s Director, Phillip Swagel, testifies before the House Appropriations Committee’s Subcommittee on the Legislative Branch.

As ordered reported by the House Committee on the Judiciary on March 25, 2025

The federal budget deficit totaled $1.3 trillion in the first half of fiscal year 2025, CBO estimates. That amount is $245 billion more than the deficit recorded during the same period last fiscal year.

In this report, the latest in a quarterly series, CBO highlights its recent publications and summarizes its work in progress.