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CBO and JCT project that the federal subsidies, taxes, and penalties associated with health insurance coverage for people under age 65 will result in a net subsidy from the federal government of $685 billion in 2018.
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In addition to describing how CBO defines and estimates health insurance coverage for people under 65, the agency explains its sources of data, their limitations, and how it adjusts for such limitations when preparing its estimates.
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The Navy could use several approaches to increase the size of its fleet. This report focuses on reactivating decommissioned ships, drawing insights from past experiences that might inform lawmakers’ decisions about reactivating ships.
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The federal budget deficit was $382 billion for the first seven months of fiscal year 2018, CBO estimates, $37 billion more than the shortfall recorded during the same period last year.
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The Senate Budget Committee convened a hearing at which Director Keith Hall testified about The Budget and Economic Outlook: 2018 to 2028. This document provides CBO’s answers to questions submitted for the record.
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CBO regularly analyzes the Navy’s shipbuilding programs and produces its own estimates of the costs of new ships. CBO’s method relies on historical experience, with adjustments for rate, learning, acquisition strategy, and economic factors.
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Director Keith Hall testifies on CBO’s appropriation request for fiscal year 2019 before the Senate Appropriations Committee’s Subcommittee on the Legislative Branch.
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In a letter to Senator Chris Van Hollen, CBO provides information about the effects of the 2017 tax act on income accruing to foreign investors.
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Director Keith Hall testifies on CBO’s appropriation request for fiscal year 2019 before the House Appropriations Committee’s Subcommittee on the Legislative Branch.
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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.