fiscal policy

Artificial Intelligence’s Impact on Economic Growth and Federal Budget Outlook

Artificial Intelligence’s Impact on Economic Growth and Federal Budget Outlook

NeelRatan

The Congressional Budget Office reports that artificial intelligence could enhance tax revenue and improve tracking of government payments. This marks the first CBO study commissioned by the House Budget Committee, raising questions about AI's potential to provide fiscal relief and its broader economic impacts.

AI’s Economic Impact: Insights from the Congressional Budget Office

AI’s Economic Impact: Insights from the Congressional Budget Office

NeelRatan

The Congressional Budget Office has released studies indicating that artificial intelligence could enhance tax revenue and improve government payment tracking. This marks the first report on AI commissioned by the House Budget Committee, exploring its potential impact on the economy and fiscal policy.