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- Cost Estimate
Pay-as-you-go estimate for the bill as transmitted by the Senate Committee on Commerce, Science, and Transportation on December 17, 2010, with an Amendment
- Cost Estimate
Pay-as-you-go estimate for the bill as provided to CBO by the Senate Committee on the Budget on December 17, 2010
- Cost Estimate
Pay-as-you-go estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on August 5, 2010, with an amendment transmitted on December 16, 2010
- Cost Estimate
Pay-as-you-go estimate for the bill as introduced in the House of Representatives on December 15, 2010
- Cost Estimate
Pay-as-you-go estimate for the bill as transmitted to CBO on December 15, 2010
- Cost Estimate
Cost estimate for the bill as ordered reported by the Senate Committee on Indian Affairs on November 18, 2010
- Blog Post
Recently, the federal government has been recording the largest budget deficits, as a share of gross domestic product (GDP), since the end of World War II. As a result of those deficits, the amount of federal debt held by the public has soared—surpassing $9.0 trillion at the end of fiscal year 2010 and equal to 62 percent of GDP. The interest the government pays on that debt is currently low by historical standards as a percentage of GDP but is expected to grow rapidly over the next several years as interest rates rise.
- Cost Estimate
Cost estimate for the bill as reported by the Senate Committee on Energy and Natural Resources on July 28, 2010
- Cost Estimate
Cost estimate for the bill as ordered reported by the Senate Committee on Indian Affairs on November 18, 2010
- Report
CBO projects that, under current law, debt held by the public will exceed $16 trillion by 2020, reaching nearly 70 percent of GDP. CBO also projects that interest rates will go up.