CBO uses several measures of student loan repayment to describe borrowers’ outcomes from 2009 to 2019, before payments were suspended during the pandemic.
Congressional Budget Office
Government Administration
Washington, DC 4,995 followers
Nonpartisan analysis for the U.S. Congress
About us
Since its founding in 1974, the Congressional Budget Office (CBO) has produced independent analyses of budgetary and economic issues to support the Congressional budget process. The agency is strictly nonpartisan and conducts objective, impartial analysis, which is evident in each of the dozens of reports and hundreds of cost estimates that its economists and policy analysts produce each year. All CBO employees are appointed solely on the basis of professional competence, without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate discloses the agency’s assumptions and methodologies. All of CBO’s products – apart from informal cost estimates for legislation being developed privately by Members of Congress or their staffs – are available to the Congress and the public on CBO’s website. For more information on career opportunities at CBO, please visit www.cbo.gov/about/careers. CBO is an equal opportunity employer committed to diversity. CBO encourages women, minorities, people with disabilities, and veterans to apply.
- Website
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https://www.cbo.gov/
External link for Congressional Budget Office
- Industry
- Government Administration
- Company size
- 201-500 employees
- Headquarters
- Washington, DC
- Type
- Government Agency
- Founded
- 1974
- Specialties
- Nonpartisan analysis for the U.S. Congress
Locations
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Primary
Ford House Office Building
Washington, DC, US
Employees at Congressional Budget Office
Updates
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CBO examined how new federal policies affected the distribution of household income in 2021. The policies largely benefited lower- and middle-income households, but income inequality still increased, mainly because of realized capital gains.
The Distribution of Household Income in 2021
cbo.gov
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Molly Dahl, CBO's Chief of Long-Term Analysis, testifies about Social Security’s finances before the Senate Committee on the Budget.
Testimony on Social Security’s Finances
cbo.gov
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CBO’s Director, Phillip Swagel, testifies about how CBO supports the Congress before the House Committee on the Budget.
Testimony on How CBO Supports the Congress
cbo.gov
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The federal budget deficit was $1.9 trillion in the first 11 months of fiscal year 2024, CBO estimates—$373 billion more than the deficit recorded during the same period last fiscal year.
Monthly Budget Review: August 2024
cbo.gov
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CBO analyzed the availability and use of aircraft by the U.S. Army from 2000 to 2023. The agency found that the number of manned aircraft has decreased and availability has increased. Average flying hours per aircraft have fallen since 2011.
Availability and Use of Aircraft in the Army
cbo.gov
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CBO estimates the costs of federal credit programs in 2025 in two ways—following procedures prescribed by the Federal Credit Reform Act and using a fair-value approach, which measures the market value of the government’s obligations.
Estimates of the Cost of Federal Credit Programs in 2025
cbo.gov
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In CBO’s projections, spending for Social Security increases as a percentage of GDP over the next 75 years, and the gap between outlays and revenues widens. If combined, the balances in the program’s trust funds would be exhausted in fiscal year 2034.
CBO’s 2024 Long-Term Projections for Social Security
cbo.gov
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CBO analyzes recent changes in property insurance markets and considers alternative insurance products as well as policy approaches to increase the availability and affordability of insurance for homeowners and renters.
Climate Change, Disaster Risk, and Homeowner’s Insurance
cbo.gov
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CBO estimates that the cost of deferred maintenance for more than 100,000 buildings maintained by the active components of the military services in the United States and its territories was about $50 billion in 2020.
The Deferred Maintenance Backlog for the Military Services’ Buildings
cbo.gov