Although most of CBO's budget projections and cost estimates cover a 10-year window, the agency regularly conducts studies of the nation's long-term budget picture. The Long-Term Budget Outlook is produced annually, and other studies on long-term issues in Social Security, federal health care programs, and other parts of the budget are produced periodically.
Long-Term Budget Projections
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Long-Term Budget OutlookSep 2013 - Federal 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.
2012 Long-Term Projections for Social SecurityOct 2012 - Over the next 20 years, the population will age and spending on Social Security will increase from about 5 percent of GDP to about 6 percent.
The Long-Term Budgetary Impact of Paths for Federal Revenues and Spending Specified by Chairman RyanMar 2012 - The calculations presented here represent CBO's assessment of how the specified paths would alter the trajectories of federal debt, revenues, spending, and economic output relative to the trajectories under two scenarios that CBO has analyzed previously.
Raising the Ages of Eligibility for Medicare and Social SecurityJan 2012 - This issue brief reviews how ages of eligibility affect beneficiaries under current law and how delaying eligibility would affect beneficiaries, the federal budget, and the economy.
CBO's 2011 Long-Term Projections for Social Security: InfographicAug 2011 - CBO's first infographic summarizes some of the agency's most recent projections for Social Security and provides background information on the program.
latest work
Testimony on The 2013 Long-Term Budget Outlook
reportSeptember 26, 2013Press Briefing on The 2013 Long-Term Budget Outlook
presentationSeptember 23, 2013Federal Spending for Everything Other Than Major Health Care Programs, Social Security, and Net Interest
blog postSeptember 19, 2013Federal Spending on the Government’s Major Health Care Programs Is Projected to Rise Substantially Relative to GDP
blog postSeptember 18, 2013The 2013 Long-Term Budget Outlook
reportSeptember 17, 2013Some Information on Upcoming CBO Reports
blog postJune 13, 2013CBO’s Plan for Its Major Periodic Reports This Year
reportJune 13, 2013How CBO Prepares Long-Term Projections of Federal Spending for Social Security and Major Health Care Programs
presentationMay 21, 2013
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