CBO: The Cyclically Adjusted and Standardized Budget Measures
The Cyclically Adjusted and Standardized Budget Measures, October 2008 “In September 2008, the Congressional Budget Office (CBO) released its most recent baseline projections of federal revenues, outlays, and budget balances for the next 10 years. Those projections are subject to procedures under which CBO assumes the continuation of current laws and policies affecting taxes and …