CBO presents new estimates of the budgetary effects of options for a premium support system for Medicare and examines the reasons for the changes in the estimates, including changes in law that have affected the Medicare program.
CBO Blog
Funding for support functions consumes more of the defense budget today than it did in the 1980s, CBO finds. The largest increases were in health care, DoD management, communications infrastructure, and the science and technology program.
CBO’s economic forecasts have been comparable in quality to those of the Administration and the Blue Chip consensus. Large errors in CBO’s forecasts tend to reflect challenges faced by all forecasters.
CBO analyzes options to reduce FHA’s exposure to risk from its program to guarantee single-family mortgages, including creating a larger role for private lenders and restricting the availability of FHA’s guarantees.
Later this afternoon CBO aims to publish a preliminary analysis of the direct spending and revenue effects of H.R. 1628, an amendment in the nature of a substitute [LYN17744], which was posted this morning on Senator Bill Cassidy’s website.
Federal receipts and expenditures in the national income and product accounts (NIPAs) differ in certain ways from revenues and outlays as shown in the federal budget. This report presents CBO’s baseline projections using the NIPA framework.
CBO will provide as much qualitative information as possible about the effects of the legislation. However, CBO will not be able to provide point estimates of the effects on the deficit, health insurance coverage, or premiums for at least several weeks.
How much do companies benefit from corporate inversions? In this report, CBO analyzes the reasons for and effects of inversions. CBO also projects how inversions and certain other strategies will affect future U.S. corporate tax revenues.
CBO and JCT project that the federal subsidies, taxes, and penalties associated with health insurance coverage for people under age 65 will result in a net subsidy from the federal government of $705 billion in 2017.
Since the previous edition of this report, CBO has—at various times—updated certain aspects of its health care projections, but has not produced a comprehensive set of estimates like those in this report.