Presentation by William Swanson, an analyst in CBO's Microeconomic Studies Division, at the 2026 Inforum Outlook Conference.

CBO responds to a request for an analysis of projected deficits and debt under a scenario with higher interest rates and a scenario with a constant debt-to-GDP ratio.

CBO examines the distribution of income—and of the means-tested transfers and federal taxes that affect it—from 1979 to 2023.

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026

As reported by the House Committee on Education and Workforce on December 30, 2025

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026

As ordered reported by the Senate Committee on Veterans’ Affairs on March 18, 2026

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026

As ordered reported by the House Committee on Natural Resources on February 11, 2026

As reported by the Senate Committee on Energy and Natural Resources on September 17, 2026