Tag: #cbo

CBO: Income Inequality Narrowed in 2023 as Lower-Income Households Gained and Top 1% Fell

CBO: Income inequality narrowed in 2023 — incomes rose for the lowest quintile and fell for the top 1% (lower capital gains). But inequality rose since 1979.

#inequality, #income, #cbo, #taxes

CBO: U.S. Combat Operations Against Iran Cost About $38.1 Billion Through Aug. 1

CBO estimates U.S. combat operations against Iran cost about $38.1B through Aug. 1, driven by munitions and flight hours; monthly costs may rise $2–3B.

#defense, #cbo, #iran, #budget, #pentagon

CBO: Automatic Stabilizers Will Barely Curb U.S. Deficits Over Next Decade

CBO finds automatic stabilizers will barely reduce deficits from 2026–2036, leaving structurally large federal deficits averaging 6.1% of potential GDP.

#cbo, #deficits, #fiscalpolicy, #economy

CBO: Layered Counter-drone Defense Would Cost About $74 Million to Harden One U.S. Base, $5 Million a Year to Support

CBO estimates a layered counter-drone system would cost about $74M to equip one representative U.S. base and $5M annually to operate it.

#defense, #drones, #cbo, #military

CBO: Secure America Act would provide $69.5 billion in mandatory spending through 2035, mostly 2026–29

CBO estimates S.2 would obligate $69.545 billion in mandatory spending through 2035, with most outlays concentrated between 2026 and 2029.

#congress, #budget, #cbo, #bordersecurity

CBO Says ‘Iron Dome for America’ Would Cost About $1.2 Trillion Over 20 Years

CBO finds a notional 'Iron Dome for America' system would cost about $1.2 trillion over 20 years — far above the administration's public estimates.

#defense, #missile-defense, #cbo, #pentagon