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- Report
CBO periodically issues a volume of options—this year’s installment presents 121—that would decrease federal spending or increase federal revenues. CBO’s website allows users to filter options by topic, date, and other categories.
- Report
This report explains the changes to CBO’s long-term Social Security projections since last year and compares CBO’s projections with those of the Social Security Trustees.
- Report
In lieu of publishing a separate report providing additional information on the agency’s long-term projections for Social Security, CBO is publishing the data that it would have presented in that report.
- Report
If current laws remain generally unchanged, CBO projects, federal budget deficits and debt would increase over the next 30 years—reaching the highest level of debt relative to GDP in the nation’s history by far.
- Report
Outlays for mandatory means-tested programs would grow over the next decade at an average annual rate of 4 percent, whereas spending for mandatory non–means-tested programs would grow at an average rate of 6 percent, CBO projects.
- Report
CBOLT is the main analytical tool that CBO uses to make long-term projections of the economy and federal budget. Those projections help shed light on fiscal challenges that extend beyond CBO’s standard 10-year projection window.
- Report
In CBO’s projections, the economy grows relatively quickly this year and next and then more slowly in the following several years. The federal budget deficit rises substantially, boosting federal debt to nearly 100 percent of GDP by 2028.