Analysis of the President's 2011 Budget
About CBO's Analysis
Each year CBO estimates the budgetary impact of the proposals in the President's budget using the same economic assumptions and estimating techniques that the agency uses to produce all of its analyses and cost estimates. Because CBO's economic forecast and estimating techniques differ from those of the Administration, that "reestimate" of the President's budget produces estimates of federal revenues, spending, deficits, and debt that differ from those presented in the budget itself.
This report compares CBO's projections with those of the Administration and with the benchmark figures in CBO's baseline, which shows the budgetary outlook if current laws and policies remained unchanged. CBO's use of a consistent methodology for all of these analyses and estimates allows direct comparisons between the Administration's proposals and other options that are considered by the Congress during the legislative process.
An Analysis of the President's Budgetary Proposals for Fiscal Year 2011
March 2010
Read the analysis: Full ReportPDF
Preliminary Analysis of the President's Budget Request for 2011
March 5, 2010
Letter to the Honorable Daniel K. Inouye
Read the analysis: Full ReportPDF
From the Director
This afternoon CBO released a report presenting its analysis of the budgetary proposals contained in the President's budget request for fiscal year 2011. This report provides more detail than the preliminary analysis that CBO released on March 5, which was discussed in a blog entry that same day. Our latest analysis differs slightly from the earlier one because it incorporates the impact of some legislation that has recently been enacted and also addresses the potential effects on the economy of the President's budgetary proposals and the impact of those economic effects on the federal budget.
Read the full blog post >