The Federal Pell Grant Program was created to improve the access of low-income students to postsecondary education. CBO analyst Nabeel Alsalam discusses spending on the program and possible policy changes.
CBO Blog
CBO periodically issues a compendium of options—this installment presents more than 100—to inform lawmakers about the budgetary effects of ways to reduce the deficit.
Director Doug Elmendorf discusses why federal health care spending is growing rapidly and what changes in policy could slow that growth.
Director Doug Elmendorf met with the budget conference committee to review the economic and budget outlook and to answer questions from the conferees.
At noon on Wednesday, November 13, CBO will publish its periodic volume of budget options, entitled Options for Reducing the Deficit: 2014 to 2023.
The federal government incurred a budget deficit of $680 billion in fiscal year 2013, which was $409 billion less than the deficit in fiscal year 2012.
CBO analyzes the distribution of most federal spending—including transfers such as Social Security benefits—and almost all federal revenues among U.S. households in 2006. Results are provided by type of household and by income group.
On October 30, the Treasury Department reported that the federal budget deficit for fiscal year 2013 totaled $680 billion, $38 billion more than CBO estimated in its most recent baseline in May.
CBO's new estimate of the net budgetary savings from adopting this policy is much lower than its earlier estimates for proposals to raise Medicare’s eligibility age. This report describes CBO’s new estimate and the reasons for the change.
How is FHA’s Mutual Mortgage Insurance fund structured and can it run out of funds?