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Budget content
An Analysis of the President’s 2025 Budget
The President’s 2025 Budget includes significant changes to revenue and spending policies aimed at addressing key national priorities. Proposals like raising the corporate tax rate and expanding child care access…
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Long-Term Implications of the 2025 Future Years...
The 2025 Future Years Defense Program outlines a $850 billion budget for the Department of Defense, with plans to grow to $866 billion by 2029. Key areas of investment include…
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Effects of Automatic Stabilizers on the Federal...
Automatic stabilizers, like unemployment insurance and tax adjustments, naturally respond to economic shifts, helping stabilize spending and income. During downturns, they reduce deficits by supporting households, while in expansions, they…
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Making Ends Meet in 2024
Financial well-being has declined across the board, with more households struggling to pay bills and fewer able to handle income interruptions. A striking 42% of households could cover expenses for…
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CBO’s 2024 Long-Term Projections for Social...
The Congressional Budget Office’s latest report dives deep into Social Security’s future, using both budget and demographic projections as of mid-2024. Projections cover long-term impacts of current legislation on Social…
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Estimates of the Cost of Federal Credit Programs...
The federal government supports some private activities by offering credit assistance to individuals and businesses. That assistance is provided through direct loans and guarantees of loans made by private financial…
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Unlocking Federal AI Opportunities in FY 2025:...
As Artificial Intelligence (AI) becomes an engine driving innovation across industries, its role in the Federal government is accelerating at an unprecedented pace. With FY 2025 federal funding poised to…
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An Update to the Budget and Economic Outlook: 2024...
The Congressional Budget Office (CBO) regularly publishes reports presenting its baseline projections of what the federal budget and the economy would look like in the current year and over the…
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Financial Stability Report
Learn more about the Federal Reserve Board’s current assessment of the stability of the U.S. financial system. By publishing this report, the Board intends to promote public understanding by increasing…
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FY2024 National Security Supplemental Funding:...
On October 20, 2023, the Biden Administration submitted to Congress a request for FY2024 emergency supplemental appropriations to address “key national security priorities.” President Biden characterized the request as a…
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Defense Primer: Defense and Intelligence Unfunded...
By law, certain U.S. Department of Defense officials and other executive branch agency officials are required to submit reports to Congress describing defense and intelligence-related priorities that were not included…
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Space Acquisitions: Analysis of Two DOD Reports to...
The Department of Defense (DOD) plans to spend billions on space technology, such as satellites, that could help the U.S. Space Force contribute to national security and more. But in…
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Department of Homeland Security Appropriations:...
FY2024 marks the 21th annual appropriations cycle with a Department of Homeland Security (DHS) appropriations measure. In six of the first seven years of its existence, the annual appropriations measure…
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A Stronger Workforce for America Act
The Stronger Workforce for America Act would reauthorize and amend titles I and II of the Workforce Innovation and Opportunity Act, including the Adult Education and Family Literacy Act. The…
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Homeland Security Grants: DHS Implemented National...
The Government Accountability Office was asked to examine how the Department of Homeland Security (DHS) established and made changes to National Priority Areas. This report examines the extent to which…
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