Federal receipts and certain federal outlays regularly respond to cyclical movements in the economy. CBO released a working paper on how it estimates the size of those automatic stabilizers, for both past years and future years.

    

Presentation by Wendy Edelberg, CBO’s Assistant Director for Macroeconomic Analysis, at the University of Michigan’s 63rd Annual Economic Outlook Conference

    

In 2016, low- and moderate-income workers will face an effective marginal tax rate of 31 percent, on average. Federal individual income and payroll taxes will be the main contributors.

    

As ordered reported by the House Committee on Veterans’ Affairs on September 17, 2015

    

Presentation by Ben Page, CBO's Fiscal Policy Studies Unit Chief, at the National Tax Association 108th Annual Conference on Taxation