Long-Term Budget Analysis
- Presentation
How CBO Prepares Long-Term Projections of Federal Spending for Social Security and Major Health Care Programs
For Social Security and the major health care programs, CBO’s budget projections over the next 10 years are based on detailed program projections underlying CBO’s baseline; beyond 10 years, CBO relies on its long-term model.
- Working Paper
Total Factor Productivity Growth in Historical Perspective: Working Paper 2013-01
This paper reviews the broad contours of total factor productivity growth in the U.S. economy since 1870, highlighting the contribution of various technological innovations to the growth of different sectors of the economy.
- Report
Response to Request for Long-Term Analysis of Proposed Policies
Letter to the Honorable Paul Ryan
- Presentation
CBO’s Long-Term Projections for Medicare and Medicaid Spending in the United States
Chief, Long-Term Analysis Unit's Joyce Manchester's Presentation to the OECD Expert Workshop on Improving Health Expenditure Forecasting Methods
- Blog Post
As the Population Ages, Social Security’s Spending Is Projected to Outpace Its Tax Revenues
CBO estimates that in fiscal year 2012, spending for Social Security totaled $773 billion, equal to about 5 percent of gross domestic product and one-fifth of federal spending. As more members of the baby-boom generation retire and the U.S.
- Data and Technical Information
Supplemental Data for CBO's 2012 Long-Term Projections for Social Security
This file contains data that supplement information presented in CBO’s 2012 Long-Term projections for Social Security: Additional Information (October 2012).
- Report
The 2012 Long-Term Projections for Social Security: Additional Information
The 2012 Long-Term Projections for Social Security: Additional Information
- Blog Post
Breakfast with Reporters
I was pleased to speak early yesterday with a group of reporters who gather regularly at the invitation of the Christian Science Monitor. (Audio of the event is below.)
- Blog Post
CBO Testified on the Long-Term Budget Outlook
I testified this morning to the House Budget Committee about the Long-Term Budget Outlook that CBO released yesterday.
- Report
Testimony on the 2012 Long-Term Budget Outlook
Chairman Ryan, Congressman Van Hollen, and Members of the Committee, thank you for inviting me to testify on the Congressi