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- Cost Estimate
Cost estimate for the act as cleared by the Congress on August 12, 2010, and signed by the President on August 13, 2010.
- Cost Estimate
Pay-as-you-go estimate for the bill with amendments posted on the Web site of the House Committee on Rules on July 1, 2010
- Report
CBO anticipates that starting in 2016, if current laws remain in place, the program's annual spending will regularly exceed its tax revenues.
- Blog Post
Social Security is the federal government’s largest single program, and as the U.S. population grows older in the coming decades, its cost is projected to increase more rapidly than its revenues. That trend, in combination with the rising cost of the government’s health care programs, will lead to sharp increases in government spending relative to the size of the economy, placing the federal budget on a path that is unsustainable over the long term.
- Report
This CBO study compares the budgetary and fair-value costs of the federal student loan programs. It also looks at several options for modifying those programs.
- Blog Post
The federal government helps students finance higher education through two major loan programs—one that guarantees loans made by private lenders, and one that makes loans directly to borrowers. Between 2000 and 2009, the volume of outstanding federal student loans more than quadrupled, from about $149 billion to about $630 billion.
- Report
Letter to the Honorable Judd Gregg
- Blog Post
This afternoon CBO responded to Senator Greggs requestfor estimates of the budgetary impact of the Presidents proposal to eliminate the federal program that provides guarantees for student loans and to replace those loans with direct loans made by the Department of Education.
- Report
Economic and Budget Issue Brief
- Blog Post
Federal laws try to protect taxpayers and recipients of government benefits from the effects of rising prices by specifying that dollar amounts in many parts of the tax code and in some programs be automatically adjustedor indexedfor inflation. Without such indexing, a rise in the general level of prices would alter the effects of federal policies even in the absence of action by lawmakers.