In response to a request from Senator Graham, CBO answers questions regarding the use of sequestration (the cancellation of budgetary resources) in accordance with the Statutory Pay-As-You-Go Act of 2010.

    

Building on its earlier analyses and those provided by the staff of the Joint Committee on Taxation, CBO published a dynamic estimate of the budgetary effects of H.R. 1, the One Big Beautiful Bill Act.

    

As passed by the House of Representatives on May 22, 2025

    

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on April 30, 2025