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- Blog Post
CBO released today an updated analysis of the implications of the nation's long-term defense plans. National defense decisions made todayincluding those regarding weapon systems, military compensation, and numbers of personnelcan have long-lasting effects on the composition of U.S. armed forces and the budgetary resources needed to support them. What we're trying to do in this report is evaluate the costs involved.
- Blog Post
This morning, CBO released its new long-term budget outlook and I am testifying before the House Budget Committee on our report. The report presents 75-year projections of federal spending and revenues under two alternative sets of assumptions, each of which represents a possible interpretation of current fiscal policy.
- Blog Post
Those of you who have recently been following CBO's work on health care will see many familiar themes in this oped in today's Wall Street Journal...
- Report
Historical Effective Federal Tax Rates: 1979 to 2005
- Cost Estimate
Cost estimate for the bill as ordered reported by the House Committee on Natural Resources on November 15, 2007
- Blog Post
Effective Tax Rates
- Report
- Blog Post
Throughout this year, the Congress has been considering possible extensions of the State Children's Health Insurance Program (SCHIP). CBO today released new estimates of the federal SCHIP funding necessary to maintain the current programs operated by states -- which some observers refer to as the SCHIP "shortfall" -- relative to the baseline funding level of $5.0 billion.
- Blog Post
Later this week, CBO will be releasing its new Long-Term Budget Outlook. Perhaps the single most important variable affecting the nation's long-term fiscal outlook is the rate at which health care costs will grow in the future. Over the past 30 years, total national spending on health care has more than doubled as a share of GDP. According to the projections we released last month in our Long-Term Outlook for Health Care Spending, that share will double again by 2035, claiming more than 30 percent of GDP.
- Cost Estimate
Cost estimate for the bill as reported by the Senate Committee on the Judiciary on November 16, 2007