Budget Options
- Report
Options for Reducing the Deficit: 2014 to 2023
CBO periodically issues a compendium of options—this installment presents more than 100—to inform lawmakers about the budgetary effects of ways to reduce the deficit.
- Blog Post
CBO to Release Volume of Budget Options Tomorrow
At noon on Wednesday, November 13, CBO will publish its periodic volume of budget options, entitled Options for Reducing the Deficit: 2014 to 2023.
- Report
Raising the Age of Eligibility for Medicare to 67: An Updated Estimate of the Budgetary Effects
CBO's new estimate of the net budgetary savings from adopting this policy is much lower than its earlier estimates for proposals to raise Medicare’s eligibility age. This report describes CBO’s new estimate and the reasons for the change.
- Data and Technical Information
Medicare's Payments to Physicians: The Budgetary Impact of Alternative Policies Relative to CBO's May 2013 Baseline
Medicare's Payments to Physicians
- Blog Post
CBO Testifies on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation
Jeffrey Kling, CBO’s Associate Director for Economic Analysis, discusses his testimony before the Subcommittee on Social Security of the House Committee on Ways and Means.
- Report
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?
- Blog Post
What Would Be the Effect on the Deficit of Using the Chained CPI to Index Benefit Programs and the Tax Code?
CBO estimates that using the chained CPI governmentwide starting in 2014 would reduce the deficit by $340 billion over ten years by lowering benefits for Social Security and other federal programs and by increasing revenues.
- Blog Post
CBO Testifies on the Social Security Disability Insurance Program
Joyce Manchester, Chief of CBO’s Long-Term Analysis Unit, discusses her testimony on the Social Security Disability Insurance Program before the Subcommittee on Social Security of the House Committee on Ways and Means.
- Report
Testimony on the Social Security Disability Insurance Program
The Social Security Disability Insurance program has expanded rapidly during the past few decades, and CBO projects that, under current law, future spending for the program will significantly exceed the revenues dedicated to it.
- Report
Choices for Deficit Reduction
Are fiscal rules a useful tool for achieving budgetary goals? View the appendix of this report to learn more.