CBO is implementing dynamic scoring of legislation as required by the 2016 budget resolution. Dynamic scoring incorporates the macroeconomic feedback effects of legislation, including impacts on GDP, the labor supply, private investment, and federal deficits. CBO uses two economic models - a Solow-type growth model and a life-cycle growth model - to estimate long-term effects on potential output and the federal budget. Cost estimates that include dynamic analysis separately identify macroeconomic feedback effects and provide information on the uncertainty of those effects.