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1 Daniel Fried, et al., CBO's Recent Publications and Work in Progress as of March 31, 2023 1 (April 11, 2023)

handle is hein.congrec/cborctpbns0001 and id is 1 raw text is: Congressional Budget Office CBO's Recent Publications and Work in Progress as of March 31, 2023 Api 2023 To provide the Congress with a comprehensive review of its work, the Congressional Budget Office publishes quarterly reports, like this one, that highlight the agency's recent publications and summarize its work in progress.1 Recent Work Over the past three months, CBO has produced a variety of budget and economic analyses, fulfilling the agency's core mission of supporting the Congress during each stage of the legislative process. The agency published 63 cost estimates for legislation that was reported by a committee or that was the subject of a motion to be placed on the consensus calendar. They included an estimate published on January 20 for H.R. 7776, the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 (Public Law 117-263), which was enacted in December 2022. That legislation specifies the budget, expenditures, and policies of the Department of Defense (DoD) for fiscal year 2023. CBO estimated that the law would not increase on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2033. In early March, CBO published an estimate for S. 185, the Native American Direct Loan Improvement Act of 2023, which would make several changes to the program the Department of Veterans Affairs uses to provide loans directly to Native American veterans for the purchase, construction, improvement, or refinancing of their homes. In late March, the agency published an estimate for H.R. 1, the Lower Energy Costs Act as posted on the website of the House Committee on Rules, and an estimate for H.R. 1 as modified by the Manager's amendment. That bill would eliminate regulations and reduce costs associated with domestic energy production. Since its last quarterly report on the agency's work in progress, CBO has released 23 reports, working papers, and other analytic products (see Table 1 on page 6). A number of those products provided an analysis of the budgetary and economic situation in the United States. Most notable among those publications was an annual report that CBO is statutorily required to prepare, The Budget and Economic Outlook: 2023 to 2033, which was published on February 15. Supplemental information released along with the report included 11 years of projections for about 2,000 separate budget accounts as well as for major categories of revenues and for economic variables. The agency also published details about its baseline budget projections for selected programs related to education, health, Social Security and pensions, and other issues. In addition, CBO published a visual report summarizing in graphic form the agency's economic projections over the next decade. The agency also released slides from a presentation that CBO's 1. For the previous edition of this report, see Congressional Budget Office, CBO's Recent Publications and Work in Progress as of December 31, 2022 (January 2023), www.cbo.gov/publication/58169.

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