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Congressional Budget Office
Nonpartsan Analysis for ihe US Congress
CBO's Recent Publications
and Work in Progress as of
January 1, 2021 JANUARY 2021
To provide the Congress with a comprehensive review of its work, the Congressional Budget
Office releases an annual report summarizing completed projects. The agency also publishes
quarterly reports, like this one, highlighting recent work and summarizing work in progress.'
Recent Work
Over the past three months, CBO 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 published 142 cost estimates for legislation that had been reported by a committee or
that was the subject of a motion to be placed on the consensus calendar. (In all of 2020, CBO
published a total of 546 cost estimates.)
During the last several weeks of 2020, CBO was focused intensely on providing analysis of
legislative proposals as the Congress was considering legislation to provide annual appropriations
and pandemic-related relief, among other things. (A comprehensive cost estimate for the
Consolidated Appropriations Act, 2021 [Public Law 116-260], will be released soon.) In addition,
since its last quarterly report on work in progress, CBO has released 18 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 budgetary situation. 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 published an interactive workbook that showed how
different projections of revenues and outlays would alter net interest costs, deficits, and debt. In
addition, as it does regularly, CBO produced a reference volume examining options for reducing
budget deficits.
In response to Congressional requests, CBO published an examination of the growth of
outstanding federal student loan debt from 1995 to 2017 and an analysis of Vietnam veterans'
income in retirement. CBO also provided a report describing net interest costs in the federal
budget and an examination of trends in entrepreneurship. As required by statute, CBO published a
report on the cost of building a new Navy frigate.
1. For CBO's most recent annual report, see Congressional Budget Office, The Congressional Budget Office 's Work in
2019: A Report to the Congress (March 2020), www.cbo.gov/publication/56237. For CBO's most recent quarterly
report, see Congressional Budget Office, CBO's Recent Publications and Work in Progress as of October 6, 2020
(October 2020), www.cbo.gov/publication/56652.](ViewImageLocal?handle=hein.congrec/cortpsad0001&div=1&collection=&method=preview&ext=.png&size=3)
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