Medicare
- Report
Developments in CBO's Projections for Medicare Part D
CBO provides current information about the budgetary effects of drug provisions in the 2022 Reconciliation Act; the effects of drug price negotiation, inflation rebates, and the Medicare Part D redesign; and ongoing updates to CBO's models.
- Report
Federal Subsidies for Health Insurance, 2026 to 2036
Federal subsidies for health insurance total $33.6 trillion over the 2026–2036 period in CBO and JCT's projections. Those estimated subsidies grow from 7.4 percent of gross domestic product (GDP) in 2026 to 8.4 percent of GDP in 2036.
- Presentation
Drivers of Growth in Federal Spending on Medicare, 2000 to 2024
Presentation by Berna Demiralp, Tamara Hayford, and Julie Topoleski at a conference about the forces shaping America's fiscal future hosted by the University of Utah and the Brookings Institution.
- Blog Post
Upcoming Presentations by Staff and Affiliates of CBO's Health Analysis Division
Analysts in CBO's Health Analysis Division are participating in sessions at the 15th Annual Conference of the American Society of Health Economists (ASHEcon) in Minneapolis.
- Presentation
CBO's Baseline Projections of Federal Subsidies for Health Insurance
Presentation by Phill Swagel, Sean Dunbar, Sarah Masi, and Sarah Sajewski.
- Report
Answers to Questions for the Record Following a Hearing on The Budget and Economic Outlook: 2026 to 2036
The Subcommittee on Fiscal Responsibility and Economic Growth of the Senate Committee on Finance convened a hearing at which CBO's Director testified. This document provides CBO's answers to questions submitted for the record.
- Cost Estimate
H.R. 227, Clergy Act
As reported by the House Committee on Ways and Means on January 7, 2026
- Blog Post
CBO's Updated Projections of the Hospital Insurance Trust Fund's Finances
CBO estimates that the Hospital Insurance Trust Fund's balance is exhausted in 2040. The balance generally increases through 2031, but spending begins to outstrip income in the following year.
- Report
The Budget and Economic Outlook: 2026 to 2036
In CBO's projections, the federal budget deficit in fiscal year 2026 is $1.9 trillion, and federal debt rises to 120 percent of GDP in 2036. Economic growth strengthens in 2026 and moderates in later years.
- Report
Sensitivity of the Distribution of Household Income to the Treatment of Health Insurance From 1979 to 2021
CBO provides details about how health insurance spending is measured in the agency's Distribution of Household Income report series.