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- Cost Estimate
Cost estimate for the bill as reported by the Senate Committee on the Judicary on September 22, 2010
- Presentation
CBO Director Doug Elmendorf's presentation at the Schaeffer Center of the University of Southern California
- Report
CBO's 2010 Long-Term Projections for Social Security: Additional Information
- Blog Post
Social Security is the federal government’s largest single program; outlays in fiscal year 2010 totaled $706 billion, roughly one-fifth of the federal budget. About 54 million people currently receive Social Security benefits. Most are retired workers, their spouses, their children or their survivors, who receive payments through Old-Age and Survivors Insurance (OASI). The remainder are disabled workers or their spouses and children, who receive Disability Insurance (DI) benefits.
- Blog Post
Today I am speaking to a conference sponsored by the Schaeffer Center for Health Policy and Economics at the University of Southern California. My remarks review CBO’s analysis of the economic effects of the health legislation enacted in March. Those effects can be divided into two pieces: the effects on the five-sixths of the economy outside the health sector, and the effects on the health sector itself.
- Blog Post
I am honored to be speaking today to “Town Hall Los Angeles,” which has been providing a public forum for discussion of important issues since 1937. My remarks highlight aspects of my testimony to the Senate Budget Committee a few weeks ago. (Sorry, Town Hall LA does not use slides, so there is nothing to accompany this summary.)
- Cost Estimate
Cost estimate for the bill as reported by the Senate Committee on Foreign Relations on September 28, 2010
- Cost Estimate
Cost estimate for the bill as reported by the Senate Committee on the Judiciary on July 22, 2010
- Cost Estimate
Cost estimate for the bill as ordered reported by the House Committee on Financial Services on July 27, 2010
- Blog Post
The federal government’s fiscal year 2010 has come to a close, and CBO estimates, in its latest Monthly Budget Review, that the federal budget deficit for the year was slightly less than $1.3 trillion, $125 billion less than the shortfall recorded in 2009. Relative to the size of the economy, the 2010 deficit was the second-highest shortfall—and 2009 the highest—since 1945.