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- Blog Post
At a conference organized by the Brookings Institution, Director Doug Elmendorf discussed the ways in which CBO quantifies uncertainty and why most of the agency’s estimates are presented as point values.
- Blog Post
Last week Director Doug Elmendorf spoke at Macroeconomic Advisers’ Washington Policy Seminar and at Cornell University.
- Blog Post
CBO projects that interest payments on the federal debt will more than triple under current law over the next decade. What accounts for that large increase?
- Blog Post
Conditions in the labor market have improved notably in recent quarters, but a significant amount of slack in the economy remains. CBO projects that ongoing gains in employment over the next few years will largely eliminate that slack.
- Blog Post
CBO anticipates that the economy will grow slowly this year and then at a faster but still moderate pace over the next few years, driven largely by stronger growth in business investment, consumer spending, and residential investment.
- Blog Post
Director Doug Elmendorf spoke to the press about CBO's latest budget and economic projections. His remarks and slides are included in this blog post.
- Blog Post
Even if future tax and spending policies match what is specified in current law, budgetary outcomes will undoubtedly differ from CBO’s projections because of unexpected changes in the economy, demographics, and other factors.
- Blog Post
After the release of The 2014 Long-Term Budget Outlook, a number of people asked for more information about how much CBO has revised projected federal health care spending during the past several years. This post answers their questions.
- Blog Post
If tax and spending policies differed significantly from those specified in current law, budgetary and economic outcomes could differ substantially as well.
- Blog Post
How large would federal debt be in 25 years if current laws remained generally unchanged, and what would be the consequences of large and growing federal debt?