Veterans' Issues
- Presentation
Trends in Spending for Military Compensation
Presentation by F. M. Woodward, an analyst in CBO's National Security Division, at the Defense Manpower Roundtable.
- Graphic
Atlas of Military Compensation, 2024
In the President’s 2025 budget request, total military compensation is $600 billion, including veterans' benefits. That amount represents an increase of 162 percent since 1980 (and 151 percent since 1999) after removing inflation’s effects.
- Report
The Budget and Economic Outlook: 2025 to 2035
In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.
- Report
Options for Reducing the Deficit: 2025 to 2034
CBO periodically issues a compendium of policy options and their estimated effects on the federal budget. This report presents 76 options for altering spending or revenues to reduce federal budget deficits over the next decade.
- Presentation
How the Military’s Basic Allowance for Housing Compares With Civilian Housing Costs
Presentation by David Mosher, CBO’s Director of National Security, at the 2024 Conference of the Western Economic Association International.
- Report
Income of Black Working-Age Veterans
CBO describes economic outcomes of veterans who are Black, male, and working age and whose service began during or after 1990. CBO compares the outcomes of that group with outcomes of Black nonveterans and White veterans from 2017 to 2019.
- Report
The Budget and Economic Outlook: 2024 to 2034
In CBO’s projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 percent of GDP. Economic growth slows to 1.5 percent in 2024 and then continues at a moderate pace.
- Cost Estimate
H.R. 3738, Veterans Economic Opportunity and Transition Administration Act
As ordered reported by the House Committee on Veterans’ Affairs on December 5, 2023
- Report
Income of Working-Age Veterans Receiving Disability Compensation
CBO compared the earnings, personal income, and household income of working-age male veterans who received disability payments from the Department of Veterans Affairs with those of veterans who did not receive such payments.
- Graphic
Atlas of Military Compensation
In the President’s 2024 budget request, total military compensation is $551 billion, including veterans' benefits. That amount represents an increase of 134 percent since 1999 after removing the effects of inflation.