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  • Technological Change and the Growth of Health Care Spending

    January 31, 2008

    This morning, CBO released a new report, Technological Change and the Growth of Health Care Spending. I am testifying before the Senate Budget Committee on the new report and on our long-term health projections, which we released in November. The report on technological change was authored by Colin Baker of our Health and Human Resources Division. My oral remarks for today's hearing summarize the report as well as our long-term health outlook, and my notes for those remarks are below.

  • Medicare and Medicaid demonstration projects and waivers

    January 29, 2008
  • Budget and economic outlook

    January 23, 2008

    CBO released its budget and economic outlook this morning, and the House Budget Committee held a hearing on the topic. I am pasting below the notes for my oral remarks at that hearing. (For video of the hearing, click webcast.) The outlook report is put together by a large team of analysts and editors at CBO. It is deeply impressive to see how well the team works together in producing a document of this complexity!

  • Economic stimulus....

    January 22, 2008

    The Senate Finance Committee held a hearing this morning on economic stimulus and the report on the topic that CBO issued last week at the request of the House and Senate Budget Committees. The notes I used for my oral remarks at the hearing are posted below.

    1. The risk of recession is significantly elevated relative to normal economic conditions.
  • Economic stimulus options

    January 15, 2008
  • Gasoline prices

    January 14, 2008
  • Income volatility

    January 7, 2008

    Substantial interest has arisen recently regarding how much household income and workers' earnings bounce around from year to year, prompted in part by the work of Jacob Hacker at Yale University. This topic is important not only to understand potential sources of household anxiety, but also in designing social insurance systems and the tax code. In previous work released in 2007, CBO examined the volatility of workers' earnings.

  • Monthly budget review -- January

    January 7, 2008
  • Robert Wood Johnson fellow at CBO

    January 7, 2008

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