Outlook for the Budget and the Economy
- Report
Federal Debt and the Statutory Limit, September 2013
CBO projects that the Treasury will exhaust its well-established set of extraordinary measures—which allow for additional borrowing without breaching the debt limit—as well as its cash balance, between October 22 and the end of the month.
- Presentation
Press Briefing on The 2013 Long-Term Budget Outlook
Director Doug Elmendorf’s slides from his press briefing on The 2013 Long-Term Budget Outlook
- Blog Post
Breakfast with Reporters
Director Doug Elmendorf spoke with a group of reporters who gather regularly at the invitation of the Christian Science Monitor.
- Blog Post
Federal Spending for Everything Other Than Major Health Care Programs, Social Security, and Net Interest
In 2013, half of the federal government’s spending went toward programs and activities other than major health care programs, Social Security, and net interest.
- Blog Post
Federal Spending on the Government’s Major Health Care Programs Is Projected to Rise Substantially Relative to GDP
Although spending for health care in the United States has grown more slowly in recent years than it had previously, high and rising levels of such spending continue to pose a challenge for Medicare, Medicaid, and other government programs.
- Report
The 2013 Long-Term Budget Outlook
Federal debt would grow to 100 percent of GDP by 2038 under current law, CBO projects, and would be on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.
- Blog Post
Has the Fundamental Federal Budgetary Challenge Been Addressed?
The deficit has fallen faster than we expected a few years ago, but the fundamental federal budgetary challenge remains.
- Presentation
The Federal Budget: The Deficit is Down But the Fundamental Challenge Remains
Presentation by Doug Elmendorf, CBO Director, to the Macroeconomic Advisers’ Washington Policy Seminar
- Data and Technical Information
CBO's Baseline Budget Projections, as of May 2013, With Percentages of GDP Updated to Reflect Recent Revisions by the Bureau of Economic Analysis
This table updates Table 1 in CBO's Updated Budget Projections: Fiscal Years 2013 to 2023 (May 2013).
- Data and Technical Information
CBO's Estimate of Discretionary Budget Authority for Fiscal Year 2013, Showing Amounts for Defense and Nondefense Programs
This table supplements Table 3 in Updated Budget Projections: Fiscal Years 2013 to 2023 (May 2013), showing separately the amounts for defense and nondefense programs.