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- Report
CBO projects that the annual cost (in 2018 dollars) of replacing the aircraft in the current fleet, essentially one-for-one, would average $15 billion in the 2020s, $23 billion in the 2030s, and $15 billion in the 2040s.
- Report
This report explains the changes to CBO’s long-term Social Security projections since last year and compares CBO’s projections with those of the Social Security Trustees.
- Report
The Navy’s 2019 shipbuilding plan calls for expanding the fleet to 355 battle force ships. On average, implementing the plan would cost 80 percent more per year than the funding for shipbuilding that the Navy has received in recent decades.
- Report
CBO provides additional information to Congressman Jodey Arrington regarding the effects of two illustrative scenarios in which the primary deficit is reduced in relation to CBO’s extended baseline beginning in 2022.
- Blog Post
In June, CBO released The 2018 Long-Term Budget Outlook, describing the agency’s projections of federal spending, revenues, deficits, and debt over the next 30 years. This post discusses the uncertainty surrounding those projections.
- Blog Post
In June, CBO released The 2018 Long-Term Budget Outlook, describing the agency’s projections of federal spending, revenues, deficits, and debt over the next 30 years. This post presents some of the key takeaways from that report.
- Presentation
These slides summarize CBO’s budget projections as presented in The 2018 Long-Term Budget Outlook.
- Report
In lieu of publishing a separate report providing additional information on the agency’s long-term projections for Social Security, CBO is publishing the data that it would have presented in that report.
- Report
What changes in federal budget deficits would be necessary to reduce debt held by the public over the long term? CBO analyzed the primary deficit reductions necessary to meet three different debt targets in four different time frames.
- Report
Expanding on its earlier long-term baseline projections, CBO shows how the federal budget and the economy would evolve under three scenarios in which laws would be changed to continue certain policies now in place, leading to higher debt.