Long-Term Budget Analysis
- 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.
- Report
Budgetary and Economic Outcomes Under Paths for Federal Revenues and Noninterest Spending Specified by Chairman Ryan, April 2014
Under budgetary paths, but not particular policies, specified by Chairman Ryan, total deficits and debt would be smaller than under CBO’s extended baseline. Economic output would be lower in the next few years but higher thereafter.
- Presentation
Making Choices About Federal Spending and Taxes
Presentation by Doug Elmendorf, CBO Director, to the Economic Club of Minnesota
- Blog Post
Presentation to the Economic Club of Minnesota
During his presentation, Director Doug Elmendorf emphasized that federal debt remains on an unsustainable path, and the composition of federal spending is changing dramatically from what it has been in the past.
- Presentation
Implications of Growing Differences in Life Expectancy Across Socioeconomic Groups for CBO’s Analyses of Social Security Policy Options
Presentation by Joyce Manchester, Chief, Long-Term Analysis Unit, to the Committee on the Long-Run Macro-Economic Effects of the Aging U.S. Population, National Academy of Sciences
- Report
Choices for Deficit Reduction: An Update
Federal debt is projected to rise significantly over the long term. What policy changes could reduce future deficits and thus lower the trajectory of federal debt? What criteria might be used to evaluate those policy changes?
- Report
The 2013 Long-Term Projections for Social Security: Additional Information
Spending on the Social Security program will exceed its dedicated tax revenues, on average, by about 12 percent over the next decade, CBO projects. The gap will grow larger in the 2020s and will exceed 30 percent of revenues by 2030.
- Working Paper
Fiscal Policy Effects in a Heterogeneous-Agent Overlapping-Generations Economy With an Aging Population: Working Paper 2013-07
This paper shows that considering an aging population is important in analyzing long-term policy changes that involve intergenerational transfers.
- Presentation
Overview of the Federal Budget
Presentation by Jeff Holland, Chief, Projections Unit, at the National Conference of State Legislatures