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- Cost Estimate
- Working Paper
This paper extends a 2019 analysis by Olivier Blanchard by separating total estimated welfare effects of debt into crowding-out and risk-shifting components and estimates the effects of those components under alternative assumptions about technology and preferences.
- Report
In CBO’s projections, spending on Social Security exceeds revenues to the program in 2022 and increases relative to GDP over the next 75 years, while revenues remain stable. If combined, the program’s trust funds would be exhausted in 2033.
- Working Paper
This paper introduces a standardized framework to analyze how policy changes alter the distribution of household income to complement CBO’s analyses of policy changes’ budgetary and economic effects.
- Presentation
Presentation by Carrie Colla, Director of CBO's Health Analysis Division, and Chapin White, Deputy Director of CBO's Health Analysis Division, to the Committee for a Responsible Federal Budget.
- Cost Estimate
As posted on the Rules Committee Website (https://rules.house.gov/bill/117/hr-1437-sa)
- Report
The federal budget deficit was $335 billion in October and November 2022, CBO estimates. But for the shift of some payments into September, the deficit would have been $399 billion, $42 billion more than the corresponding shortfall last year.
- Report
CBO issues a volume describing 17 policy options that would each reduce the federal budget deficit by more than $300 billion over the next 10 years or, in the case of Social Security options, have a comparably large effect in later decades.
- Report
CBO issues a volume that contains short descriptions of 59 policy options that would each reduce the federal budget deficit by less than $300 billion over the next 10 years.
- Blog Post
CBO’s Director describes the two volumes of budget options that the agency released today. They describe a variety of policies that would reduce federal budget deficits by increasing revenues or decreasing spending over the next 10 years.