Poverty and Income Security

Options for Reducing the Deficit: 2017 to 2026 CBO periodically issues a volume of options—this year’s installment presents 115—that would decrease federal spending or increase federal revenues over the next decade. The report is available both as a PDF and in a searchable format.
Poverty and Income Security
Social Security Policy Options, 2015 CBO analyzes 36 policy options commonly proposed by policymakers and analysts. Most of them would improve Social Security’s long-term finances, but only a few would significantly postpone the combined trust funds’ exhaustion date.
Poverty and Income Security
Child Nutrition Programs: Spending and Policy Options Since 1990, real spending for child nutrition programs more than doubled—to $20 billion in 2014. CBO expects that increases in food prices and demographic changes will cause spending to rise further in the future.
Poverty and Income Security
Federal Housing Assistance for Low-Income Households CBO describes federal housing assistance to low-income households and how it has changed since 2000, provides information about the households that receive assistance, and assesses options for altering that assistance.
Poverty and Income Security
The Effects of Potential Cuts in SNAP Spending on Households With Different Amounts of Income CBO examines several options that would reduce federal spending on the Supplemental Nutrition Assistance Program (SNAP) and the effects they would have on households with different amounts of income.
Poverty and Income Security
Temporary Assistance for Needy Families: Spending and Policy Options This report examines spending on TANF, how TANF compares to other low-income support programs, and the effects of TANF on employment. CBO also analyzes policy options that would change the program’s funding and requirements for states.
Poverty and Income Security
Answers to Questions From Senator Hatch About Various Options for Payroll Taxes and Social Security CBO examined the implications of various approaches to altering the Social Security payroll tax rates as well as the taxable maximum (the maximum amount of earnings on which those payroll taxes are imposed).
Poverty and Income Security
The Effects of a Minimum-Wage Increase on Employment and Family Income Raising the minimum wage would increase family income for many low-wage workers, moving some of them out of poverty. But some jobs for low-wage workers would probably be eliminated and the income of those workers would fall substantially.
Poverty and Income Security
Health-Related Options for Reducing the Deficit: 2014 to 2023 This document is a reprint of Chapter 5 of CBO's publication Options for Reducing the Deficit: 2014 to 2023 (November 2013).
Poverty and Income Security
The Pell Grant Program: Recent Growth and Policy Options In the 2011–2012 academic year, 9.4 million students received $34 billion in Pell grants. How would tightening eligibility or changing grant amounts affect the program’s costs or the number of recipients?
Poverty and Income Security
Options to Change Interest Rates and Other Terms on Student Loans The interest rate for subsidized student loans is currently scheduled to double from 3.4 percent to 6.8 percent on July 1, 2013. What would be the budgetary impact of changing interest rates for student loans?
Poverty and Income Security
Testimony on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation How does the chained consumer price index (CPI) differ from the traditional CPI and what would be the budgetary effects of using the chained CPI to make automatic adjustments in Social Security, other federal programs, and the tax code?
Poverty and Income Security
Supplemental Security Income: An Overview The report discusses how the SSI program works, who receives payments, the program’s spending and interaction with other government programs, the extent to which SSI affects people’s work and saving, and approaches to changing the program.
Poverty and Income Security
Unemployment Insurance in the Wake of the Recent Recession Between 2007 and 2010, unemployment benefits expanded nearly five-fold owing to high unemployment due to the weak economy, and decisions by policymakers to increase the number of weeks for which unemployed workers could receive benefits.
Poverty and Income Security
Policy Options for the Social Security Disability Insurance Program The Disability Insurance program provided benefits to 8.3 million disabled workers in 2011. By 2022, CBO projects, the program will provide benefits to over 10 million disabled workers and spending on benefits will exceed $190 billion.
Poverty and Income Security
The Supplemental Nutrition Assistance Program One in seven U.S. residents received benefits through the Supplemental Nutrition Assistance Program (SNAP) in 2011, at a total cost of $78 billion. Spending on SNAP benefits more than doubled between 2007 and 2011.
Poverty and Income Security
Understanding and Responding to Persistently High Unemployment The rate of unemployment in the United States has exceeded 8 percent since February 2009, and CBO projects that it will remain above 8 percent until 2014.
Poverty and Income Security
Raising the Ages of Eligibility for Medicare and Social Security Raising the ages at which people can collect Medicare and Social Security would reduce federal spending and increase federal revenues by inducing some people to work longer.
Poverty and Income Security
Social Security Policy Options CBO anticipates that starting in 2016, if current laws remain in place, the program's annual spending will regularly exceed its tax revenues.
Poverty and Income Security
Costs and Policy Options for Federal Student Loan Programs This CBO study compares the budgetary and fair-value costs of the federal student loan programs. It also looks at several options for modifying those programs.
Poverty and Income Security