Medicare
- Report
The Outlook for Major Federal Trust Funds: 2020 to 2030
CBO projects that the balances held by federal trust funds will fall by $43 billion in fiscal year 2020. Spending from the trust funds is projected to exceed income by $18 billion in 2021, a deficit that grows to $502 billion by 2030.
- Blog Post
CBO to Release Updated Budget Projections on September 2
The report will contain CBO’s latest baseline budget projections, which will be based on the economic projections that the agency released in July and will incorporate legislation enacted through August 4.
- Report
Baseline Budget Projections as of March 6, 2020
As usual, CBO has produced spring baseline budget projections to reflect recent legislation and technical changes. Those projections are based on the agency’s January economic forecast and do not account for changes arising from the current public health emergency.
- Report
The Budget and Economic Outlook: 2020 to 2030
In CBO’s projections of the outlook under current law, deficits remain large by historical standards, federal debt grows to 98 percent of GDP by 2030, and the economy expands at an average annual rate of 1.7 percent from 2021 to 2030.
- Report
Answers to Questions for the Record Following a Hearing Conducted by the House Committee on the Budget: Key Design Components and Considerations for Establishing a Single-Payer Health Care System
The House Budget Committee convened a hearing at which members of CBO's staff testified about the agency’s report Key Design Components and Considerations for Establishing a Single-Payer Health Care System. This document provides CBO’s answers to questions submitted for the record.
- Presentation
HISIM2—CBO’s New Health Insurance Simulation Model
Presentation by Alexandra Minicozzi, a unit chief in CBO’s Health, Retirement, and Long-Term Analysis Division (HRLD), and Geena Kim, an analyst in HRLD, to the Health Economics Scientific Interest Group at the National Institutes of Health.
- Working Paper
CBO’s Medicare Beneficiary Cost-Sharing Model: A Technical Description: Working Paper 2019-08
CBO uses a model to estimate the federal budgetary effects of proposed changes to the cost-sharing structure of the Medicare fee-for-service program. This paper describes that model, the analyses it can support, and an illustrative option for changing Medicare’s cost-sharing structure.
- Report
An Update to the Budget and Economic Outlook: 2019 to 2029
In CBO’s projections, federal budget deficits remain large by historical standards, and federal debt grows to equal 95 percent of GDP by 2029. Economic growth is expected to slow from 2.3 percent in 2019 to a rate that is below its long-run historical average.
- Presentation
HISIM2—CBO’s New Health Insurance Simulation Model
Presentation by Geena Kim, an analyst in CBO’s Health, Retirement, and Long-Term Analysis Division, at the American Enterprise Institute.
- Blog Post
Director’s Statement on The 2019 Long-Term Budget Outlook
In our extended baseline projections in The 2019 Long-Term Budget Outlook, budget deficits drive federal debt held by the public to unprecedented levels.