---
id: "entity-cbo"
type: "entity"
entityType: "organization"
canonicalName: "Congressional Budget Office"
aliases: ["CBO"]
source_timestamps: ["00:40:18"]
tags: ["government-agency", "data-source"]
related: ["claim-bitcoin-tam", "concept-store-of-value-basket"]
sources: ["markmoss"]
sourceVaultSlug: "mark-moss-debasement-trade-bitcoin-2026Jun25"
originDay: 5
---
# Congressional Budget Office (CBO)

## Profile

The Congressional Budget Office is a U.S. federal agency providing nonpartisan budget and economic projections to Congress. It produces long-term outlooks on federal debt, deficits, GDP, and interest costs.

## Role in This Source

Moss uses **CBO 30-year projections** on U.S. debt and deficit spending as the empirical foundation for his store-of-value basket inflation model. Specifically:

- Projected continued large fiscal deficits.
- Rising debt-to-GDP ratios.
- Implied need for continued monetary accommodation.

These projections feed into [[concept-store-of-value-basket]] (the $1Q → $8.5Q expansion) and consequently into [[claim-bitcoin-tam]] (Bitcoin captures 8% of the inflated basket).

## Canonical Reference

cbo.gov

## Note on Methodology

The CBO's projections are widely cited but represent baseline scenarios assuming current law. They are not predictions of asset prices; Moss extrapolates from CBO debt and deficit numbers to global monetary expansion, which is an interpretive leap beyond the CBO's mandate.