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

1 CBO's Current Plan for Its Major Periodic Reports This Year 1 (May 14, 2020)

handle is hein.congrec/csctpnfr0001 and id is 1 raw text is: O CONGRESSIONAL BUDGET OFFICE Phillip L. Swagel, Director U.S. Congress Washington, DC 20515 May 14, 2020 Honorable Mike Enzi Chairman Committee on the Budget United States Senate Washington, DC 20510 Re: CBO's Current Plan for Its Major Periodic Reports This Year Dear Mr. Chairman: The Congressional Budget Office is working to inform the Congress about the rapidly evolving economic and budgetary consequences of the 2020 coronavirus pandemic and to support the legislative process as the Congress confronts those challenges. To provide the most accurate and useful analysis possible, we plan to adjust our usual report schedule. I am writing to keep you abreast of those anticipated adjustments. In April, we released preliminary budget and economic projections for fiscal years 2020 and 2021. Those projections incorporated dramatic changes in the budgetary and economic situation that were expected to result from the pandemic.' We will follow that up with a report-to be released on May 19-that will provide more detail about CBO's assessment of key aspects of the economic outlook for those two years. Supplemental material will include historical data and preliminary projections of a broader set of economic variables for the 2020-2030 period. CBO usually releases a summer update to its 10-year budget and economic projections in late August. We expect to issue that report in early September, shortly before Labor Day. CBO usually releases its long-term budget projections (which span 30 years) in the summer, building on the 10-year budget and economic projections released in the spring. 1 See Congressional Budget Office, CBO's Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021, CBO Blog (April 24, 2020), www~cbo.gov/publicatioi56335.

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