Why was there such an unprecedented rise in the rate of long-term unemployment during and after the recession? What are some options for reducing that rate? CBO analyst Will Carrington discussed those issues during a recent presentation.
CBO Blog
Director Doug Elmendorf testified on the effects of raising the minimum wage, noting that such an increase would boost family income for many low-wage workers but that some jobs for low-wage workers would probably be eliminated.
Director Doug Elmendorf testified before the Senate Appropriations Subcommittee on the Legislative Branch.
Director Doug Elmendorf summarizes comments about immigration policy that he made last week at the American Enterprise Institute’s World Forum.
The federal government ran a budget deficit of $379 billion for the first five months of fiscal year 2014, CBO estimates, $115 billion less than the shortfall recorded in the same span last year.
Last week, Director Doug Elmendorf participated in two panels at the American Enterprise Institute’s World Forum. Today’s post reviews his talk about health care policy; tomorrow’s post will summarize his comments about immigration policy.
Do public-private partnerships build roads more quickly or at a lower cost? Does private financing increase the funding available for highway projects? Joseph Kile, Assistant Director for Microeconomic Studies, testified on those issues.
Director Doug Elmendorf testified before the House Appropriations Subcommittee on the Legislative Branch.
CBO’s updated estimates of the effects of the Affordable Care Act’s insurance coverage provisions, which were published in the agency’s recent report on the budget and economic outlook, do not differ much from those released in May 2013.
CBO examines the change in its projections of potential output for the year 2017: The estimate for that year that CBO prepared in February 2014 is about 7 percent lower than what it projected in January 2007.