The deficit under current law is projected to be larger this year, but smaller over the 2017–2026 period, than CBO projected in March. Since January, CBO has reduced its projections of GDP growth and interest rates over the coming decade.
The report will be available on CBO's website at 2:00 p.m.
In this report, CBO and the staff of the Joint Committee on Taxation examine the distribution of capital assets and net capital gains and losses in 2010 by type of asset and by the income and age of the asset holder.
The pensions of some 10 million people are insured by the Pension Benefit Guaranty Corporation’s multiemployer program. CBO projects future claims on the program and losses to its beneficiaries and analyzes potential policy changes.
CBO published its 2016 Long-Term Budget Outlook in July, describing the agency’s projections of federal spending and revenues over the next 30 years. This blog post focuses on the spending of Social Security and major health care programs.