-
CBO Releases "Testimony on the Budgetary Treatment of Medical Facility Leases by the Department of Veterans Affairs"
June 27, 2013CBO considers most leases of medical facilities by the Department of Veterans Affairs akin to government purchases and concludes—as it does in like cases—that the full costs should be recorded in the budget when VA enters into the leases.
read more
-
CBO Releases "Rising Demand for Long-Term Services and Supports for Elderly People"
June 26, 2013By 2050, one-fifth of the U.S. population will be age 65 or older, up from 12 percent in 2000 and 8 percent in 1950. As a result, expenditures on long-term services and supports for the elderly will rise substantially in the coming decades.
read more
-
CBO Discusses the Effects of Tax Credits for Electric Vehicles at Energy Conference
June 24, 2013Buyers of new electric vehicles receive federal tax credits of up to $7,500. How do the credits compare to the total lifetime cost of owning those vehicles and to the reduction in gasoline use and greenhouse gas emissions from driving them?
read more
-
CBO Releases Two Analyses of the Senate’s Immigration Legislation
June 18, 2013CBO and the staff of the Joint Committee on Taxation (JCT) estimate that enacting S. 744 would generate changes in direct spending and revenues that would decrease federal budget deficits by $197 billion over the 2014–2023 period.
read more
-
CBO Releases "Testimony on Means-Tested Programs and Tax Credits for Low-Income Households"
June 18, 2013Spending on means-tested programs and tax credits for low-income households has grown in the past 40 years because of increases in the number of program participants and growth in spending per participant.
read more
-
Some Information on Upcoming CBO Reports
June 13, 2013In a letter today to the Chairs and Ranking Members of the House and Senate Budget Committees, we described the schedule for the rest of the year for CBO’s key economic and budget publications.
read more
-
CBO Releases "Federal Debt and the Statutory Limit, June 2013"
June 11, 2013The Treasury is currently at its limit on borrowing and has begun employing its well-established toolbox of measures to allow continued borrowing for a limited time. When will those measures be exhausted?
read more
-
CBO Releases "Options to Change Interest Rates and Other Terms on Student Loans"
June 10, 2013The interest rate for subsidized student loans is currently scheduled to double from 3.4 percent to 6.8 percent on July 1, 2013. What would be the budgetary impact of changing interest rates for student loans?
read more
-
CBO Releases "Monthly Budget Review for May 2013"
June 7, 2013The federal government ran a budget deficit of $627 billion from October 2012 through May 2013 (the first eight months of fiscal year 2013), according to CBO’s estimates.
read more
-
CBO Releases "Dual-Eligible Beneficiaries of Medicare and Medicaid: Characteristics, Health Care Spending, and Evolving Policies"
June 6, 2013People eligible for both Medicare and Medicaid benefits—known as “dual-eligible beneficiaries”—are a varied group, but many have extensive health care needs and account for a disproportionate share of spending on Medicare and Medicaid.
read more