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- Cost Estimate
Cost estimate for the bill as ordered reported by the House Committee on Energy and Commerce on November 30, 2011
- Cost Estimate
Cost estimate for the bill as ordered reported by the House Committee on Oversight and Government Reform on October 12, 2011
- Cost Estimate
Cost estimate for the bill as ordered reported by the House Committee on the Judiciary on July 21, 2011
- Report
CBO finds that, between 1979 and 2007, income grew by: 275 percent for the top 1 percent of households; 65 percent for the next 19 percent; just under 40 percent for the next 60 percent; and 18 percent for the bottom 20 percent.
- Blog Post
From 1979 to 2007, real (inflation-adjusted) average household income, measured after government transfers and federal taxes, grew by 62 percent. That growth was not equal across the income distribution: Income after government transfers and federal taxes (denoted as after-tax income) for households at the higher end of the income scale rose much more rapidly than income for households in the middle and at the lower end of the income scale.
- Cost Estimate
The SSI Extension for Elderly and Disabled Refugees Act would extend refugees' and certain other aliens' eligibility for Supplemental Security Income (SSI) from seven years to nine years (and while a naturalization application is pending) during fiscal year 2012. The bill also would levy a $30 fee on any petition for a Diversity Visa that is filed before October 1, 2013.
- Blog Post
As policymakers consider the composition of policy changes to be used to reduce future budget deficits, it is useful to consider both historical experience and projections for the future for significant components of the budget. Today, I’ll discuss Social Security and the government’s major health care programs.
- Blog Post
CBO projects that in fiscal year 2011, outlays for Social Security will total $733 billion, one-fifth of the federal budget. About 56 million people will receive Social Security benefits this year. Most are retired workers, their spouses, their children, or their survivors, who receive payments through Old-Age and Survivors Insurance (OASI). The remainder consist of disabled workers or their spouses and children, who receive Disability Insurance (DI) benefits.
- Report
CBO projects that in fiscal year 2011, Social Security's outlays will total $733 billion, one-fifth of the federal budget; OASI payments will account for about 82 percent of those outlays, and DI payments, about 18 percent.
- Graphic
CBO's first infographic summarizes some of the agency's most recent projections for Social Security and provides background information on the program.