In a New York Times article this morning, Robert Pear summarizes recent research showing that the gap in life expectancy between high-income/better-educated people and low-income/less-educated people is expanding substantially.
March 2008
Last week, I gave a talk at Princeton and participated in some classes on health care taught at the Woodrow Wilson School by Bill Frist. Here are the slides and video from the talk. But the highlight of the trip was the classroom interaction with the students. Their intelligence, diligence, and enthusiasm were quite encouraging, and I hope many of them will enter public service in some form and help to address the problems we discussed.
CBO released its full analysis of the President's budget today, following up on a preliminary analysis we issued earlier this month.The budget estimates are the same as in that preliminary analysis, but today's report includes a discussion of macroeconomic effects of the President's budget along with other details.
CBO issued a letter today responding to a request from the Chairman of the House Budget Committee. In December 2007, we issued a report on the nation's 75-year fiscal gap (roughly speaking, the gap between the present value of projected spending and projected revenue, as a share of GDP).
Many Hill staffers, policy analysts, reporters, and others are interested in some of the details behind our most recent budget projections. We have posted a variety of such additional detail.
As I have noted earlier, I will occasionally use this blog to clarify misinterpretations of our work. On that note, some recent blog postings seem to warrant a clarification of the main points in CBO
CBO, with contributions from the Joint Committee on Taxation, released an analysis of the Presidents budget submission for fiscal year 2009 this morning. (I will be summarizing our analysis at a conference held by the National Association for Business Economists today.) A report that presents the full analysis of the President's budget, including CBOs assessment of its macroeconomic effects, will be published on March 19.