About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 CBO's Recent Publications and Work in Progress as of March 31, 2022 1 (April 7, 2022)

handle is hein.congrec/cbsrtpbs0001 and id is 1 raw text is: Congressional Budget Office Not port son Ano ysis tor thec U S.Congress CBO's Recent Publications and Work in Progress as of March 31, 2022 APRIL 2022 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.1 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 181 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 for H.R. 2471, the Consolidated Appropriations Act, 2022 (Public Law 117-103), which funds the government for the remainder of fiscal year 2022. That law includes funding to address the situation in Ukraine and provide assistance for Ukraine and other countries, and it makes other changes that will affect direct spending and revenues. CBO also published an estimate for H.R. 4521, the America COMPETES Act of 2022, which was estimated to increase direct spending by about $68 billion over the 2022-2031 period. Much of that increase is the estimated effect of incentives to manufacture semiconductors in the United States. The bill also authorizes the appropriation of at least $335 billion over the 2022-2031 period, primarily for provisions that involve research and manufacturing in the United States. In addition, since its last quarterly report on work in progress, CBO has released 18 reports and working papers; 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: CBO's Monthly Budget Review, which offers an updated snapshot of spending, revenues, and the deficit; An updated edition of CBO's regular report on expired and expiring authorizations, covering legislation enacted through September 30, 2021; A working paper on the Markov-switching model that CBO developed to analyze unemployment; and 1. For the previous report, see Congressional Budget Office, CBO's Recent Publications and Work in Progress as of December 31, 2021 (January 2022), www.cbo.gov/publication/57666.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most