As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 24, 2024

    

As ordered reported by the House Committee on Financial Services on May 16, 2024

    

As reported by the House Committee on Financial Services on December 19, 2023

    

As ordered reported by the House Committee on Oversight and Accountability on April 10, 2024

    

As reported by the Senate Committee on Commerce, Science, and Transportation on August 1, 2024

    

CBO regularly analyzes the distribution of income in the United States and how it has changed over time. This slide deck presents the distributions of household income, means-tested transfers, and federal taxes between 1979 and 2021.

    

New policies implemented by the federal government affected transfers and taxes in 2021. The policies largely benefited lower- and middle-income households. But income inequality still increased, mainly because of realized capital gains.

    

Molly Dahl, CBO's Chief of Long-Term Analysis, testifies before the Senate Committee on the Budget.

    

CBO’s Director, Phillip Swagel, testifies before the House Committee on the Budget.