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- Working Paper
CBO uses the budgetary feedback model (BFM) to estimate how changes in the macroeconomy might affect the federal budget. This paper describes how the BFM is constructed, how it is used in CBO's dynamic analyses, and the model's limitations.
- Working Paper
The costs of federal activities are recorded in the budget mostly on a cash basis. Using accrual accounting for retirement and insurance programs would accelerate the recognition of long-term costs and display the expected costs of new commitments when they were incurred.
- Working Paper
On average over the long term, each increase of 1 percentage point in federal debt as a percentage of GDP boosts interest rates by 2 to 3 basis points, CBO estimates.
- Working Paper
This paper examines various factors that affect estimates made by CBO and the staff of the Joint Committee on Taxation of the budgetary savings from tax compliance proposals.
- Working Paper
More than 5,000 U.S. military personnel have died in Iraq and Afghanistan, and another 50,000 were wounded in action. A larger proportion of wounded personnel survived their wounds than was the case during the Vietnam War.
- Working Paper
Working paper on the Department of Defense Readiness Reporting System.
- Working Paper
The U.S. Army plans to spend about an additional $34 billion in 2013 dollars to develop and purchase a new armored vehicle for its infantry, the Ground Combat Vehicle.
- Working Paper
Options for Modernizing Military Weather Satellites
- Working Paper
This paper presents the latest generational accounts and lifetime net tax rates for the United States.