Long-Term Budget Analysis
- Blog Post
What Are the Causes of Projected Growth in Spending for Social Security and Major Health Care Programs?
Three factors explain the projected substantial growth in a few of the government’s large programs: the aging of the population, rising health care spending per beneficiary, and the ACA’s expansion of federal subsidies for health insurance.
- Blog Post
CBO’s Long-Term Budget Projections Show a Substantial Imbalance in the Federal Budget
Over the next 25 years, revenues are projected to fall well short of spending if current laws stay generally the same. Why is that the case?
- Blog Post
CBO Testifies on the Long-Term Budget Outlook
Director Doug Elmendorf testified on CBO's latest report on the long-term budget outlook. Also today, CBO issued "The 2014 Long-Term Budget Outlook in 26 Slides," which highlights the key points of the analysis.
- Report
Testimony on The 2014 Long-Term Budget Outlook
Testimony before the Committee on the Budget, U.S. House of Representatives.
- Presentation
The 2014 Long-Term Budget Outlook in 26 Slides
To get a quick overview of CBO's report The 2014 Long-Term Budget Outlook, check out this slide deck.
- Report
The 2014 Long-Term Budget Outlook
If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2039 and would be on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.
- Report
Answers to Questions From Senator Hatch About Various Options for Payroll Taxes and Social Security
CBO examined the implications of various approaches to altering the Social Security payroll tax rates as well as the taxable maximum (the maximum amount of earnings on which those payroll taxes are imposed).
- Blog Post
Presentation at the Stanford Institute for Economic Policy Research
Director Doug Elmendorf explained in his presentation that, under current law, the future of the federal budget will be strikingly different from its past in two keys ways.
- Presentation
Shifting Priorities in the Federal Budget
Presentation by Doug Elmendorf, CBO Director, to the Stanford Institute for Economic Policy Research
- Presentation
Overview of the Federal Budget
Presentation by Barry Blom, CBO Analyst, to the Maryland Association of CPAs, Inc.