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- Report
CBO is required to report its assessment of whether enacted appropriations for the current fiscal year exceed caps on discretionary spending. In CBO's estimation, they do not, and hence a sequestration will not be required for 2016.
- Report
Under current law, CBO projects, Social Security’s trust funds, considered together, will be exhausted in 2029. In that case, benefits in 2030 would need to be reduced by 29 percent from the scheduled amounts.
- Report
CBO analyzes 36 policy options commonly proposed by policymakers and analysts. Most of them would improve Social Security’s long-term finances, but only a few would significantly postpone the combined trust funds’ exhaustion date.
- Cost Estimate
As reported by the House Committee on Rules on October 27, 2015. (See House Report 114-315.)
- Cost Estimate
As posted on the website of the House Committee on Rules on October 27, 2015 (Version f:\VHLC\102715\102715.013.xml)
- Blog Post
CBO concludes that existing evidence does not indicate that certain policies to treat obesity would significantly reduce federal spending. Additional well-designed studies on the effects of such policies would be useful for CBO's analysis.
- Presentation
Presentation by Wendy Edelberg, CBO’s Assistant Director for Macroeconomic Analysis, at the Social Security Trustees Working Group
- Cost Estimate
H.R. 719, as passed by the House on September 24, 2015 with a further amendment (SA 2689, the Continuing Appropriations Act, 2016)
- Presentation
Michael Simpson, Principal Analyst in CBO's Health, Retirement, and Long-Term Analysis Division, will present CBO’s findings to the Fifth World Congress of the International Microsimulation Association on September 2, 2015.
- Report
The Senate Budget Committee convened a hearing in June at which Director Keith Hall testified about the long-term budget outlook. Committee members submitted further questions for the record, and this document provides CBO’s answers.