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- Cost Estimate
As reported by the Senate Committee on the Judiciary on July, 12, 2012
- Presentation
Chief, Long-Term Analysis Unit's Joyce Manchester's Presentation to the OECD Expert Workshop on Improving Health Expenditure Forecasting Methods
- Report
CBO reviewed dozens of newer studies and determined a body of research now demonstrates a link between changes in prescription drug use and changes in the use of and spending for medical services.
- Cost Estimate
As ordered reported by the House Committee on Energy and Commerce on September 20, 2012 H.R. 1063 would modify the process through which the Medicare program is reimbursed when another payer (for example, a liability insurer) is responsible for a beneficiary’s medical costs. In general, the provisions of H.R. 1063 would make it easier for other payers to repay Medicare, thus reducing program costs.
- Blog Post
In fiscal year 2012, the federal budget deficit surpassed $1 trillion for the fourth year in a row. If lawmakers maintained current policies by preventing most of the tax increases and spending cuts that are scheduled to occur in January, deficits would total almost $10 trillion over the next decade. Federal debt held by the public would increase from nearly 73 percent of gross domestic product (GDP) at the end of 2012 to 90 percent of GDP 10 years from now.
- Report
Are fiscal rules a useful tool for achieving budgetary goals? View the appendix of this report to learn more.
- Data and Technical Information
This file contains data that supplement information presented in CBO’s 2012 Long-Term projections for Social Security: Additional Information (October 2012).
- Blog Post
CBO estimates that in fiscal year 2012, spending for Social Security totaled $773 billion, equal to about 5 percent of gross domestic product and one-fifth of federal spending. As more members of the baby-boom generation retire and the U.S. population grows older in the coming decades, Social Security outlays are projected to grow more rapidly than the economy and more rapidly than the program’s dedicated tax revenues.
- Report
The 2012 Long-Term Projections for Social Security: Additional Information
- Cost Estimate
As ordered reported by the Senate Committee on Health, Education, Labor, and Pensions on September 19, 2012