In CBO’s projections, the U.S. population increases from 350 million people in 2025 to 372 million in 2055, and the average age rises. Beginning in 2033, annual deaths exceed annual births, and net immigration accounts for the growth.
Congressional Budget Office
Government Administration
Washington, DC 5,294 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.
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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
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Ford House Office Building
Washington, DC, US
Employees at Congressional Budget Office
Updates
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The federal budget deficit totaled $710 billion in the first quarter of fiscal year 2025, the CBO estimates. That amount is $200 billion more than the deficit recorded during the same period last fiscal year.
Monthly Budget Review: December 2024
cbo.gov
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In its May 2023 budget projections for fiscal year 2024, CBO underestimated revenues by 1 percent and outlays by 6 percent. CBO’s projection of the federal budget deficit for 2024 was less than the actual amount by 1.1 percent of GDP.
The Accuracy of CBO’s Budget Projections for Fiscal Year 2024
cbo.gov
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CBO examines how its method for analyzing the distribution of household income differs from the Census Bureau’s method for calculating the official poverty measure. The most important differences stem from what counts as income in each method.
Reconciling the Official Poverty Measure and CBO’s Distributional Analysis of Household Income
cbo.gov
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Learn more about CBO’s work and its processes in a publication that is typically updated at the start of each Congress.
An Introduction to the Congressional Budget Office
cbo.gov
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CBO estimates that under the Navy’s 2025 shipbuilding plan, total shipbuilding costs would average about $40 billion per year (in 2024 dollars) through 2054 as the Navy built a fleet of 390 battle force ships.
An Analysis of the Navy’s 2025 Shipbuilding Plan
cbo.gov
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Gene therapies replace or modify disease-causing genes in human cells. In this report, CBO discusses how it would estimate the budgetary effects of policies that sought to increase the use of gene therapy treatment for sickle cell disease.
How Increased Use of Gene Therapy Treatment for Sickle Cell Disease Could Affect the Federal Budget
cbo.gov
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CBO provides an overview of the channels through which the adoption of artificial intelligence could affect the U.S. economy and the federal budget.
Artificial Intelligence and Its Potential Effects on the Economy and the Federal Budget
cbo.gov
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CBO assesses how climate change will pose risks to the United States through its effects on economic activity, real estate and financial markets, human health, biodiversity, immigration, and national security.
The Risks of Climate Change to the United States in the 21st Century
cbo.gov
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CBO provides details about its latest projections of the economy through 2027. Those projections reflect economic developments and current law as of December 4, 2024.
CBO’s Current View of the Economy From 2025 to 2027
cbo.gov