Outlook for the Budget and the Economy
- Blog Post
Revisions to CBO's Projections of Federal Health Care Spending
After the release of The 2014 Long-Term Budget Outlook, a number of people asked for more information about how much CBO has revised projected federal health care spending during the past several years. This post answers their questions.
- Blog Post
Growing Deficits Over the Long Term Would Cause Federal Debt to Exceed 100 Percent of GDP by 2039
How large would federal debt be in 25 years if current laws remained generally unchanged, and what would be the consequences of large and growing federal debt?
- Blog Post
CBO’s Long-Term Budget Projections Show a Substantial Imbalance in the Federal Budget
Over the next 25 years, revenues are projected to fall well short of spending if current laws stay generally the same. Why is that the case?
- Blog Post
CBO Testifies on the Long-Term Budget Outlook
Director Doug Elmendorf testified on CBO's latest report on the long-term budget outlook. Also today, CBO issued "The 2014 Long-Term Budget Outlook in 26 Slides," which highlights the key points of the analysis.
- Blog Post
Effects on Economic Growth of Federal Investment and Reductions in Federal Deficits and Debt
Following a hearing on the budget and economic outlook, a Member of Congress asked whether federal investment or reductions in federal deficits and debt would be better for economic growth. Today's post provides that answer.
- Blog Post
Projections of Tax Expenditures
Following a hearing on the budget and economic outlook, a Member of Congress asked for projections of tax expenditures as a share of GDP over the next decade. Today's post provides that answer.
- Blog Post
CBO's Projections of GDP Per Capita
After a hearing on the budget and economy, CBO was asked further questions by Members of Congress. Some answers to those questions may be of broad interest, so starting today, CBO will post three of them—the first is about GDP per capita .
- Blog Post
Presentation at the Stanford Institute for Economic Policy Research
Director Doug Elmendorf explained in his presentation that, under current law, the future of the federal budget will be strikingly different from its past in two keys ways.
- Blog Post
CBO Releases New Budget Infographics
Check out CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2013 and other information about the government’s budget and debt.
- Blog Post
Updated Estimates of the Insurance Coverage Provisions of the Affordable Care Act
CBO’s updated estimates of the effects of the Affordable Care Act’s insurance coverage provisions, which were published in the agency’s recent report on the budget and economic outlook, do not differ much from those released in May 2013.