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1 CBO's Recent Publications and Work in Progress as of July 2, 2021 1 (July 12, 2021)

handle is hein.congrec/cborpwk0001 and id is 1 raw text is: Congressional Budget Office Nonpartisan Analysis for the US. Congress CBO's Recent Publications and Work in Progress as of July 2,201JL 2021 To provide the Congress with a comprehensive review of its work, the Congressional Budget Office publishes quarterly reports, like this one, highlighting recent work and summarizing work in progress.' Recent Work Over the past three months, CBO has provided 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 has published 149 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. CBO was also focused on providing technical assistance to the Congress as legislative proposals affecting infrastructure, the gap between tax obligations and tax collections, and other areas of the budget were developed. In addition, since its last quarterly report on work in progress, CBO has released 29 reports, working papers, testimonies, and interactive tools; they satisfied statutory requirements, fulfilled Congressional requests, or provided economic and budgetary analysis or technical information (see Table 1 on page 5). Some of those publications provided analysis of the economic and budgetary situation. On July 1, the agency published updated budget and economic projections, which incorporated the effects of the American Rescue Plan Act of 2021, for the 2021-2031 period. Each month, CBO issued its Monthly Budget Review, an analysis of federal spending and revenues for the previous month and the fiscal year to date. CBO also completed its mandated update on the cost of the Troubled Asset Relief Program. Some of the publications responded to Congressional requests for defense-related reports: an analysis of usage patterns and costs of unmanned aerial systems and an updated primer and interactive tool exploring the U.S. military's force structure. As required by statute, CBO published a report on the projected costs of nuclear forces over the 2021-2030 period. Other reports responded to requests for health care analysis: a report on design considerations for a public health insurance option in the nongroup market and a report on research and development in the pharmaceutical industry. A representative of CBO testified at Congressional hearings on the status of the Highway Trust Fund and options for funding and financing highway spending; subsequently, CBO submitted an 1. For the previous report, see Congressional Budget Office, CBO's Recent Publications and Work in Progress as of April 5, 2021 (April 2021), www.cbo.gov/publication/57009.

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