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CBO’s Plans in the Event of a Government Shutdown
September 30, 2013If appropriated funds lapse and normal operations of the federal government are suspended, then CBO will largely shut down as well.read more -
Federal Innovation Policy: The Current Context and Some Possible Changes
September 30, 2013Director Doug Elmendorf explores possible changes in federal policy that might bolster innovation.read more -
CBO Releases "Economic Effects in 2014 of Eliminating the Automatic Spending Reductions Specified in the Budget Control Act"
September 26, 2013During testimony on The 2013 Long-Term Budget Outlook, estimates were provided for the economic effects of eliminating automatic spending reductions in 2014. This letter corrects and clarifies those estimates.read more -
CBO Releases "Federal Debt and the Statutory Limit, September 2013"
September 25, 2013CBO projects that the Treasury will exhaust its well-established set of extraordinary measures—which allow for additional borrowing without breaching the debt limit—as well as its cash balance, between October 22 and the end of the month.read more -
The Budgetary Impact of the Federal Government’s Response to Disasters
September 23, 2013Recently, the Congress has expressed renewed interest in the cost of the federal response to major disasters.read more -
Medicare and Social Security Payroll Taxes and Benefits for People in Different Birth Cohorts
September 20, 2013As part of The 2013 Long-Term Budget Outlook released last week, CBO compared lifetime payroll taxes and benefits for the Medicare program and the Social Security program for people born in different decades.read more -
The Slowdown in Health Care Spending
September 19, 2013Director Doug Elmendorf discusses the slowdown in health care spending, including significant downward revisions to CBO’s projections of such spending, at a conference hosted by the Brookings Institution.read more -
Breakfast with Reporters
September 19, 2013Director Doug Elmendorf spoke with a group of reporters who gather regularly at the invitation of the Christian Science Monitor.read more -
Federal Spending for Everything Other Than Major Health Care Programs, Social Security, and Net Interest
September 19, 2013In 2013, half of the federal government’s spending went toward programs and activities other than major health care programs, Social Security, and net interest.read more -
How Does Social Security Work?
September 19, 2013More than 57 million people currently receive Social Security benefits, and the federal government spends more on Social Security than it does on any other single program.read more -
Why CBO Changed Its Approach to Projecting Mortality
September 24, 2013Previously, CBO based its long-term budget estimates on the mortality rates projected by the Social Security trustees. This year, CBO projected faster declines in mortality rates (and thus longer life expectancy) than the trustees do.read more -
CBO Releases "A Premium Support System for Medicare: Analysis of Illustrative Options"
September 18, 2013CBO analyzes the ways two illustrative options for a premium support system for Medicare would affect federal spending and beneficiaries’ choices and payments.read more -
An Overview of the Medicare Program
September 18, 2013CBO estimates that about 52 million people are currently covered by Medicare. In 2012, payroll taxes and beneficiaries’ premiums covered less than half of the $551 billion that the federal government spent on Medicare.read more -
An Overview of the Medicaid Program
September 18, 2013Medicaid is a joint federal-state program with an average enrollment of about 57 million people this year. In 2012, federal spending for Medicaid was $251 billion, of which $223 billion covered benefits for enrollees.read more -
Federal Spending on the Government’s Major Health Care Programs Is Projected to Rise Substantially Relative to GDP
September 18, 2013Although spending for health care in the United States has grown more slowly in recent years than it had previously, high and rising levels of such spending continue to pose a challenge for Medicare, Medicaid, and other government programs.read more -
CBO Releases "The 2013 Long-Term Budget Outlook"
September 17, 2013Federal debt would grow to 100 percent of GDP by 2038 under current law, CBO projects, and would be on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.read more -
Has the Fundamental Federal Budgetary Challenge Been Addressed?
September 12, 2013The deficit has fallen faster than we expected a few years ago, but the fundamental federal budgetary challenge remains.read more -
CBO Releases "Letter to the Honorable Paul Ryan About the Budget Authority That Would Be Provided By the Continuing Resolution for Fiscal Year 2014 and How That Authority Would Compare With the Statutory Caps in Place for Next Year"
September 12, 2013On an annualized basis, the funding provided by the continuing resolution would exceed the statutory caps by $19 billion. Defense funding would exceed its cap by about $20 billion; nondefense funding would be about $1 billion below its cap.read more -
CBO To Release Long-Term Budget Outlook on September 17
September 10, 2013The 2013 Long-Term Budget Outlook will be available on CBO’s website at 10:00 a.m. on the day of release.read more -
CBO Releases "Monthly Budget Review for August 2013"
September 9, 2013The federal government ran a budget deficit of roughly $750 billion for the first 11 months of fiscal year 2013, CBO estimates, a reduction of more than $400 billion from the shortfall recorded for the same period last year.read more -
CBO Joins Twitter
September 9, 2013CBO is excited to launch its social media presence on Twitter. Follow @USCBO for our reports and selected cost estimates and @USCBOCostEst for all of our cost estimates.read more -
CBO Releases "The Pell Grant Program: Recent Growth and Policy Options"
September 5, 2013In the 2011–2012 academic year, 9.4 million students received $34 billion in Pell grants. How would tightening eligibility or changing grant amounts affect the program’s costs or the number of recipients?read more
monthly archive
- September 2013 (22)
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