Blog

  • January 22, 2014

    CBO learns from many outside experts. Part of that learning comes from its Panel of Health Advisers, which consists of widely recognized experts in health policy and the health care sector. Today CBO announces its panel members for 2014.

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  • January 16, 2014

    Between 2000 and 2012, the cost of providing health care to service members, retirees, and their families increased by 130 percent (after adjusting for inflation). What approaches might curtail the growth in those costs?

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  • January 8, 2014

    The federal government ran a budget deficit of $182 billion for the first three months of fiscal year 2014, CBO estimates, $111 billion less than the shortfall recorded in first three months of last year.

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  • December 20, 2013

    Federal debt is projected to rise significantly over the long term. What policy changes could reduce future deficits and thus lower the trajectory of federal debt? What criteria might be used to evaluate those policy changes?

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  • December 20, 2013

    The Administration requested $23 billion for nuclear forces in 2014, CBO estimates. With current plans, costs will total about $350 billion over the next 10 years if costs grow at historical rates, CBO projects.

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  • December 19, 2013

    A carbon tax or cap-and-trade program could make emission-intensive U.S. products less competitive and increase emissions overseas. Import tariffs related to emissions could reduce those effects but would be hard to implement.

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  • December 18, 2013

    In 2012, the federal government spent $531 billion on investment—for physical capital; research and development; and education and training—which represented 15 percent of federal spending and 3 percent of GDP.

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  • December 17, 2013

    Spending on the Social Security program will exceed its dedicated tax revenues, on average, by about 12 percent over the next decade, CBO projects. The gap will grow larger in the 2020s and will exceed 30 percent of revenues by 2030.

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  • December 12, 2013

    CBO examined 28 options that encompass a broad range of discretionary programs. About a third of the options would affect defense programs; the rest are for nondefense programs.

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  • December 11, 2013

    CBO examined 36 options related to the following parts of the tax system: individual income tax rates, the individual income tax base, individual income tax credits, payroll taxes, and taxation of income from businesses, among others.

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