COVID-19

  • Report

    Answers to Questions for the Record Following a Hearing on The Budget and Economic Outlook: 2024 to 2034

    The House Committee on the Budget convened a hearing at which Phillip L. Swagel, CBO's Director, testified. This document provides CBO’s answers to questions submitted for the record.

  • Report

    The Demographic Outlook: 2024 to 2054

    In CBO’s projections, the U.S. population increases from 342 million people in 2024 to 383 million people in 2054. Net immigration increasingly drives population growth, accounting for all population growth beginning in 2040.

  • Blog Post

    Presentations by Staff of CBO's Health Analysis Division

    This week, four analysts from CBO's Health Analysis Division are presenting their work at the 12th Annual Conference of the American Society of Health Economists ("ASHEcon") in St. Louis, Missouri.

  • Report

    The Demographic Outlook: 2023 to 2053

    In CBO’s projections, the U.S. population increases from 336 million people in 2023 to 373 million people in 2053. Population growth is increasingly driven by net immigration, which accounts for all population growth beginning in 2042.

  • Report

    Automatic Stabilizers in the Federal Budget: 2022 to 2032

    CBO projects the budgetary effects of automatic stabilizers—as well as the size of deficits without them—from 2022 to 2032 and provides historical estimates of the stabilizers’ effects since 1972.

  • Report

    The Opioid Crisis and Recent Federal Policy Responses

    CBO describes the effects and evolution of the opioid crisis in the United States, the factors that have contributed to it, the laws enacted to address it, and the effects of the coronavirus pandemic on the crisis.

  • Report

    The 2022 Long-Term Budget Outlook

    The U.S. faces a challenging fiscal outlook according to CBO's extended baseline projections, which show budget deficits and federal debt held by the public growing steadily in relation to gross domestic product over the next three decades.

  • Report

    The Demographic Outlook: 2022 to 2052

    In CBO’s projections, the size of the U.S. population increases from 335 million people in 2022 to 369 million people in 2052. Population growth is increasingly driven by net immigration, which accounts for all population growth in 2043 and beyond.

  • Report

    Federal Subsidies for Health Insurance Coverage for People Under 65: 2022 to 2032

    In CBO and JCT’s projections, net federal subsidies in 2022 for insured people under age 65 are $997 billion. In 2032, that annual amount is projected to reach $1.6 trillion.

  • Report

    The Budget and Economic Outlook: 2022 to 2032

    In CBO’s projections, assuming that current laws generally remain unchanged, the federal deficit totals $1.0 trillion in fiscal year 2022 and averages $1.6 trillion per year from 2023 to 2032. Real GDP grows by 3.1 percent this year.