CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.

The Congressional Budget Office is located on the fourth floor of the Ford House Office Building, Second and D Streets, SW, Washington, DC 20515-6925. The building is just across Third Street from the Federal Center SW Metrorail station, but the entrance is on Second Street, on the other side of the building. Street and garage parking are limited, and neither is provided by CBO. …

CBO regularly publishes data to accompany some of its key reports. These data have been published in the Budget and Economic Outlook and Updates and in their associated supplemental material, except for that from the Long-Term Budget Outlook.

Jan 17, 2025 · In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.

Jan 17, 2025 · CBO's regular budget publications include semiannual reports on the budget and economic outlook, annual reports on the President's budget and the long-term budget picture, and a biannual set of options for reducing budget deficits.

Jan 17, 2025 · CBO's Budget and Economic Outlook, typically produced in January each year and updated in August, includes an economic forecast and projections of spending and revenues under current law—known as baseline projections—over the next 10 years. CBO also updates its budget projections each spring in conjunction with its analysis of the President's budgetary …

Aug 11, 2025 · CBO estimates that as result of P.L. 119-21, resources will decrease for households toward the bottom of the income distribution, whereas resources will increase for households in the middle and toward the top of the income distribution.

August 8, 2025 The federal budget deficit totaled $1.6 trillion in the first 10 months of fiscal year 2025, the Congressional Budget Office estimates. That amount is $109 billion more than the deficit recorded during the same period last fiscal year. Revenues increased by $263 billion (or 6 percent), and outlays rose by $372 billion (or 7 percent).

Jan 7, 2025 · CBO helps the Congress make effective budget and economic policy and offers an alternative to the information provided by the Office of Management and Budget and other agencies in the executive branch.

CBO's organization consists of the Office of the Director and 10 divisions.