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- Report
In CBO’s projections, the federal deficit totals $1.4 trillion in 2023 and averages $2.0 trillion per year from 2024 to 2033. Real GDP growth comes to a halt in 2023 and then rebounds, averaging 2.4 percent from 2024 to 2027.
- Working Paper
Using data from 1989 through 2019, the paper examines how changes in retirement wealth, including those stemming from the shift from defined benefit to defined contribution plans, affect measures of wealth concentration.
- Report
CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This information covers legislation enacted through January 5, 2023. A full report will be issued in the spring.
- Presentation
This slide deck outlines the models CBO uses to assess the budgetary effects of alternative economic scenarios such as those presented in CBO’s Current View of the Economy in 2023 and 2024 and the Budgetary Implications (November 2022).
- Report
CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This information covers legislation enacted through September 30, 2022. A full report will be issued later this year.
- Working Paper
This paper examines the effects of physician payment reductions on the use of physicians' services by dual-eligible beneficiaries—people enrolled in both Medicare and Medicaid—over the 1999–2012 period.
- Report
Learn more about CBO, its work, and its processes in an introduction to the agency that is typically updated at the start of each Congress.
- Report
In CBO’s projections, spending on Social Security exceeds revenues to the program in 2022 and increases relative to GDP over the next 75 years, while revenues remain stable. If combined, the program’s trust funds would be exhausted in 2033.
- Presentation
Presentation by Carrie Colla, Director of CBO's Health Analysis Division, and Chapin White, Deputy Director of CBO's Health Analysis Division, to the Committee for a Responsible Federal Budget.
- Report
CBO issues a volume describing 17 policy options that would each reduce the federal budget deficit by more than $300 billion over the next 10 years or, in the case of Social Security options, have a comparably large effect in later decades.