Long-Term Budget Analysis
- Report
The Deficit Reductions Necessary to Meet Various Targets for Federal Debt
What changes in federal budget deficits would be necessary to reduce debt held by the public over the long term? CBO analyzed the primary deficit reductions necessary to meet three different debt targets in four different time frames.
- Report
The Long-Term Budget Outlook Under Alternative Scenarios for Fiscal Policy
Expanding on its earlier long-term baseline projections, CBO shows how the federal budget and the economy would evolve under three scenarios in which laws would be changed to continue certain policies now in place, leading to higher debt.
- Blog Post
Director’s Statement on The 2018 Long-Term Budget Outlook
Today CBO released The 2018 Long-Term Budget Outlook. The report finds that if current laws generally remained unchanged, growing budget deficits would boost debt sharply in coming years.
- Report
The 2018 Long-Term Budget Outlook
If current laws remain generally unchanged, CBO projects, federal budget deficits and debt would increase over the next 30 years—reaching the highest level of debt relative to GDP in the nation’s history by far.
- Blog Post
CBO to Release Long-Term Budget Outlook on June 26
CBO will release The 2018 Long-Term Budget Outlook at 10:00 a.m. on Tuesday, June 26. The long-term projections—which span 30 years—are consistent with CBO’s latest 10-year budget and economic projections.
- Report
An Overview of CBOLT: The Congressional Budget Office Long-Term Model
CBOLT is the main analytical tool that CBO uses to make long-term projections of the economy and federal budget. Those projections help shed light on fiscal challenges that extend beyond CBO’s standard 10-year projection window.
- Presentation
CBO’s Service to the Congress
Presentation by Mark Hadley, CBO's Deputy Director, at the University of Wisconsin–Madison’s Tommy G. Thompson Center on Public Leadership.
- Presentation
Factors Underlying CBO’s Long-Term Outlook for Federal Health Care Spending
Presentation by Keith Hall, CBO Director, to the Council for Affordable Health Coverage and the American Action Forum.
- Report
CBO’s 2017 Long-Term Projections for Social Security: Additional Information
This year, in lieu of publishing a separate report providing additional information on the agency’s long-term projections for Social Security, CBO is publishing the data that it would have presented in that report.
- Report
Changes to CBO’s Long-Term Social Security Projections Since 2016
This report explains the changes to CBO’s long-term Social Security projections since last year. Compared with those made in July 2016, CBO’s latest projections indicate a slight improvement in the financial outlook for Social Security.