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CBO Releases "A Review of CBO’s Activities in 2012 Under the Unfunded Mandates Reform Act"
March 29, 2013Of the 428 bills CBO reviewed in 2012, 68 contained intergovernmental mandates and 80 contained private-sector mandates. Of the 202 public laws enacted, 16 contain intergovernmental mandates and 23 contain private-sector mandates.read more -
The Short-Term Consequences of Deficit Reduction Under Different Economic Conditions
March 29, 2013After a recent hearing, CBO was asked by a Member of Congress: “Are there economic conditions under which deficit reduction would have a smaller effect on unemployment and GDP than under current conditions?”read more -
Projected Spending and Revenues in Historical Context
March 28, 2013After a recent hearing, CBO was asked by a Member of Congress: “Based on historical trends of revenue and spending, is the primary driver of deficits over the next ten years historically high spending?” Today’s post answers that question.read more -
How Different Future Interest Rates Would Affect Budget Deficits
March 27, 2013Following a recent hearing, we were asked by a Member of Congress: “How would higher-than-expected interest rates affect federal budget deficits over the next decade?"read more -
Changes in Discretionary Funding During the Past Few Years
March 26, 2013Following a recent hearing, a Member of Congress asked in a question for the record: “How do today’s discretionary funding levels compare with pre-recession funding levels?” Today's blog post answers that question.read more -
Answers to Questions from Members of Congress
March 25, 2013After participating in Congressional hearings, CBO prepares answers to “questions for the record” submitted by the Members of the Committees that held the hearings. Answers to some recent questions will be posted on the CBO Blog this week.read more -
The Accuracy of CBO’s Budget Projections
March 25, 2013CBO routinely monitors the budgetary effects of enacted legislation to help improve projections of spending and receipts under current law, as well as to improve cost estimates for new legislative proposals.read more -
U.S. Economic Performance
March 21, 2013Director Doug Elmendorf participated in a panel discussion about why the world economy has been performing poorly. He explained that the most costly economic problem in this country today is the large number of people who cannot find jobs.read more -
How Has CBO’s Estimate of the Net Budgetary Impact of the Affordable Care Act’s Health Insurance Coverage Provisions Changed Over Time?
March 20, 2013CBO and JCT’s estimate of the net budgetary impact of the ACA’s insurance coverage provisions has changed little since August 2012, and has changed little, for any given year, since the legislation was being considered in March 2010.read more -
CBO Releases "Approaches for Scaling Back the Defense Department’s Budget Plans"
March 18, 2013The costs of the Department of Defense’s (DoD’s) budget plans through 2021 would be much higher than the funding permitted under the Budget Control Act’s statutory caps. CBO examined four options to cut back on DoD’s forces and activities.read more -
Snapshot of Guarantees of New Residential Mortgages
March 15, 2013By 2012, more than 95 percent of new mortgages were federally guaranteed. CBO expects that percentage to drop sharply in coming years under current law.read more -
CBO Testifies on the Social Security Disability Insurance Program
March 14, 2013Joyce Manchester, Chief of CBO’s Long-Term Analysis Unit, discusses her testimony on the Social Security Disability Insurance Program before the Subcommittee on Social Security of the House Committee on Ways and Means.read more -
Snapshot of the Highway Trust Fund
March 14, 2013CBO projects that, starting in 2015, the highway account of the Highway Trust Fund will have insufficient revenues to meet its obligations, resulting in steadily accumulating shortfalls.read more -
CBO Testifies on Federal Financial Support for Fuels and Energy Technologies
March 13, 2013Terry Dinan, senior advisor in CBO’s Microeconomic Studies Division, discusses her testimony before the Subcommittee on Energy of the House Committee on Science, Space, and Technology.read more -
Snapshot of Child Nutrition Programs
March 13, 2013Under current law, total funding for child nutrition programs will grow from $20 billion in 2013 to $29 billion in 2023, CBO projects.read more -
Snapshot of Unemployment Benefits
March 12, 2013Since 2008, during and after the most recent recession, temporary programs have significantly expanded the benefits available to unemployed people.read more -
Snapshots of CBO’s Budget Outlook
March 12, 2013To expand CBO’s efforts to communicate the analysis we do for the Congress in new and easily accessible ways, CBO will release “snapshots” of the budget outlook.read more -
CBO’s Role in Budget Resolutions
March 11, 2013Past experience indicates that CBO will receive lots of questions about the House’s and Senate’s proposed budget resolutions and about CBO’s “estimates” of their impact. This blog post explains a bit about them.read more -
CBO Releases "The Effects of Automatic Stabilizers on the Federal Budget as of 2013"
March 8, 2013CBO expects that automatic stabilizers will continue to add significantly to the budget deficit and to support economic activity in 2013 and 2014 but that their effects on the budget and the economy will decline significantly thereafter.read more -
CBO Releases "Monthly Budget Review for February 2013"
March 7, 2013The federal budget deficit was close to $500 billion for the first five months of fiscal year 2013, almost $90 billion less than the shortfall recorded for the same period last year, CBO estimates.read more -
CBO Releases "Federal Grants to State and Local Governments"
March 5, 2013In 2011, the federal government provided $607 billion in grants to state and local governments, accounting for 17 percent of federal outlays and a quarter of spending by states and localities. Nearly half of that amount was for Medicaid.read more -
Presentation to the National Association for Business Economics
March 5, 2013CBO Director Doug Elmendorf's Presentation to the National Association for Business Economicsread more
monthly archive
- September 2013 (22)
- August 2013 (2)
- July 2013 (5)
- June 2013 (10)
- May 2013 (19)
- April 2013 (14)
- March 2013 (22)
- February 2013 (10)
- January 2013 (11)
- December 2012 (4)
- November 2012 (10)
- October 2012 (4)