CBO examines the implications of adjusting military basic pay with an alternative wage index and adjusting all components of regular cash pay with the employment cost index.
CBO examines the implications of adjusting military basic pay with an alternative wage index and adjusting all components of regular cash pay with the employment cost index.
The federal budget deficit was $2.7 trillion in the first 11 months of fiscal year 2021, CBO estimates—$295 billion less than the deficit during the same period last year.