Medicaid and CHIP
- Report
An Update to the Budget and Economic Outlook: 2019 to 2029
In CBO’s projections, federal budget deficits remain large by historical standards, and federal debt grows to equal 95 percent of GDP by 2029. Economic growth is expected to slow from 2.3 percent in 2019 to a rate that is below its long-run historical average.
- Presentation
HISIM2—CBO’s New Health Insurance Simulation Model
Presentation by Geena Kim, an analyst in CBO’s Health, Retirement, and Long-Term Analysis Division, at the American Enterprise Institute.
- Report
The Distribution of Household Income, 2016
In 2016, average household income before accounting for means-tested transfers and federal taxes was $21,000 for the lowest quintile and $291,000 for the highest quintile. After transfers and taxes, those averages were $35,000 and $214,000.
- Report
The 2019 Long-Term Budget Outlook
If current laws generally remained unchanged, large budget deficits would boost federal debt to unprecedented levels over the next 30 years, CBO projects.
- Presentation
HISIM2—CBO’s New Health Insurance Simulation Model
Presentation by Geena Kim and Sean Lyons, analysts in CBO’s Health, Retirement, and Long-Term Analysis Division, at the 8th Annual Conference of the American Society of Health Economists.
- Report
Testimony on the Key Design Components and Considerations for Establishing a Single-Payer Health Care System
CBO testifies before the House Budget Committee on the agency's recent work analyzing the key design components and considerations for establishing a single-payer health care system.
- Presentation
Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2019 to 2029 in 12 Slides
CBO and JCT project that federal subsidies, taxes, and penalties associated with health insurance coverage for people under age 65 will result in a net subsidy from the federal government of $737 billion in 2019 and $1.3 trillion in 2029.
- Blog Post
Director’s Statement on CBO’s Updated 10-Year Baseline Budget Projections
Overall, our baseline budget projections, which reflect the assumption that current laws generally remain in place, have changed little since January, when we released The Budget and Economic Outlook: 2019 to 2029. In our projections, federal debt continues to rise from its already high level because of persistently large budget deficits.
- Report
Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2019 to 2029
CBO and JCT project that federal subsidies, taxes, and penalties associated with health insurance coverage for people under age 65 will result in a net subsidy from the federal government of $737 billion in 2019 and $1.3 trillion in 2029.
- Report
Updated Budget Projections: 2019 to 2029
CBO projects a deficit of $896 billion for 2019—$1 billion less than the deficit it projected in January. Federal debt held by the public is projected to grow from 78 percent of gross domestic product in 2019 to 92 percent in 2029.