Retirement
- Blog Post
CBO Publishes New Health Insurance Coverage Projections for 2023 to 2033
CBO released updated projections of health insurance coverage for people under age 65 in the journal Health Affairs.
- Cost Estimate
S. 932, No CORRUPTION Act
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on March 29, 2023
- Report
An Update to the Budget Outlook: 2023 to 2033
CBO’s updated projections show a federal budget deficit of $1.5 trillion for 2023. That estimate is subject to considerable uncertainty, though, in part because of a recent shortfall in tax revenues.
- Presentation
Long-Term Projections of Health Care Spending and the Implications for the Federal Budget
Presentation by Julie Topoleski, Director of CBO’s Labor, Income Security, and Long-Term Analysis Division, at the 15th Annual Meeting of the OECD’s Working Party of Parliamentary Budget Officials and Independent Fiscal Institutions.
- Report
The Medicare and Medicaid Improvement Funds: Budgetary History and Projections
CBO describes features of the Medicare and Medicaid improvement funds and how the funds are accounted for in CBO’s baseline and cost estimates.
- Report
An Evaluation of CBO’s Projections of Outlays From 1984 to 2021
In this report, CBO uses various measures to assess the quality of its past projections of federal outlays. The analysis focuses on three fiscal years within each projection period: the budget year, the 6th year, and the 11th year.
- Report
Financial Commitments of Federal Credit and Insurance Programs, 2012 to 2021
CBO describes the commitments the federal government has made through its credit and insurance programs, including housing, real estate, and student loan programs, deposit insurance, insurance for private pensions, and flood and crop insurance.
- Cost Estimate
H.J. Res. 30, Providing for Congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights"
As posted on the Website of the House Committee on Rules on
February 23, 2023 - Report
The Budget and Economic Outlook: 2023 to 2033
In CBO’s projections, the federal deficit totals $1.4 trillion in 2023 and averages $2.0 trillion per year from 2024 to 2033. Real GDP growth comes to a halt in 2023 and then rebounds, averaging 2.4 percent from 2024 to 2027.
- Working Paper
Defined Benefit and Defined Contribution Plans and the Distribution of Family Wealth: Working Paper 2023-02
Using data from 1989 through 2019, the paper examines how changes in retirement wealth, including those stemming from the shift from defined benefit to defined contribution plans, affect measures of wealth concentration.