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1 CBO's Recent Publications and Work in Progress as of October 6, 2020 1 (October 8, 2020)

handle is hein.congrec/cborctw0001 and id is 1 raw text is: c OCTOBER 2020 CBO's Recent Publications and Work in Progress as of October 6, 2020 To provide the Congress with a comprehensive review of its work, the Congressional Budget Office releases an annual report summarizing completed projects. The agency also publishes quarterly reports, like this one, highlighting recent work and summarizing work in progress.1 Recent Work Over the past three months, CBO provided a variety of budget and economic analyses, fulfilling the agency's core mission of supporting the Congress during each stage of the legislative process. The agency published 123 cost estimates for legislation that had been reported by a committee or that was the subject of a motion to be placed on the consensus calendar. (Through September 30, CBO published a total of 404 cost estimates in 2020.) In addition, since its last quarterly report on work in progress, CBO has released 21 reports, working papers, and testimonies; they satisfied statutory requirements, fulfilled Congressional requests, and provided economic and budgetary analysis and technical information (see Table 1 on page 6). A number of those publications provided updated analysis of the rapidly changing economic and budgetary outlook. Each month, CBO issued its Monthly Budget Review, an analysis of federal spending and revenues for the previous month and the fiscal year to date. The agency published updated budget projections for 2020 to 2030, as well as reports on the outlooks for major federal trust funds and for federal subsidies of health insurance during the same period. In addition, it published an analysis of the effects of pandemic-related legislation on output. And the agency published budget projections for the next 30 years in The 2020 Long- Term Budget Outlook. In response to Congressional requests, CBO published an examination of the Internal Revenue Service's enforcement activities and their relationship to that agency's resources, an analysis of the distribution of household income in 2017, and an analysis of how recapitalizing Fannie Mae and Freddie Mac through administrative actions would affect CBO's budget projections and cash flows between those enterprises and their shareholders. CBO also published two reports in response to ' For CBO's most recent annual report, see Congressional Budget Office, The Congressional Budget Office's Work in 2019: A Report to the Congress (March 2020), www.cbo.gov/publication/56237. For CBO's most recent quarterly report, see Congressional Budget Office, CBO's Work in Progress as offuly 6, 2020 (July 2020), www.cbo.gov/publication/56463.