Congressional Budget Office Federal Budget

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Washington Update: Part I - A Primer on the Federal Budget Process: What it is and Why it is Important

Congress decides how much to spend each year and on what programs, and how to raise the money to pay for that spending. The Congressional Budget Act of 1974 lays out a formal framework for developing and enforcing a budget...more

2014 Legislative & Regulatory Outlook

The K&L Gates Public Policy and Law Group (“Policy Group”) has prepared a legislative and regulatory outlook for 2014 with the purpose of identifying potential risks and opportunities for stakeholders. Conventional wisdom...more

Congressional Budget Office’s estimate on budgetary effects of raising Medicare eligibility age to 67

On October 24, 2013, the Congressional Budget Office (CBO) released an updated estimate on the potential impact of raising Medicare’s eligibility age. Medicare costs are expected to rapidly increase in coming years due to...more

Congressional Budget Office Report States that the Senate Immigration Bill Would Save the U.S. Nearly Nine Hundred Billion Dollars...

In a report released June 18, 2013, the nonpartisan Congressional Budget Office (CBO) estimates that by 2023, enacting The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 (S.744) could reduce...more

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