Of the 437 bills CBO reviewed in 2013, 39 contained intergovernmental mandates and 53 contained private-sector mandates. Of the 72 public laws enacted in 2013, 3 contain intergovernmental mandates and 8 contain private-sector mandates.
Why was there such an unprecedented rise in the rate of long-term unemployment during and after the recession? What are some options for reducing that rate? CBO analyst Will Carrington discussed those issues during a recent presentation.
Director Doug Elmendorf testified on the effects of raising the minimum wage, noting that such an increase would boost family income for many low-wage workers but that some jobs for low-wage workers would probably be eliminated.
Last week, Director Doug Elmendorf participated in two panels at the American Enterprise Institute’s World Forum. Today’s post reviews his talk about health care policy; tomorrow’s post will summarize his comments about immigration policy.
Do public-private partnerships build roads more quickly or at a lower cost? Does private financing increase the funding available for highway projects? Joseph Kile, Assistant Director for Microeconomic Studies, testified on those issues.
CBO’s updated estimates of the effects of the Affordable Care Act’s insurance coverage provisions, which were published in the agency’s recent report on the budget and economic outlook, do not differ much from those released in May 2013.