Long-Term Budget Analysis
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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
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The 2012 Long-Term Budget Outlook
Over the past few years, the federal government has been recording budget deficits that are the largest as a share of the economy since 1945. Consequently, the amount of federal debt held by the public has surged.
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Revenues and Spending Under CBO's Extended Baseline Scenario and Two Alternatives Specified by Chairman Ryan
The explosive path of federal debt that the Congressional Budget Office (CBO) projects under what many observers would view as current policies underscores the need for policy changes to put the nation on a sustainable course.
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The Long-Term Budgetary Impact of Paths for Federal Revenues and Spending Specified by Chairman Ryan
CBO's assessment of how the specified paths would alter the trajectories of federal debt, revenues, spending, and economic output relative to the trajectories under two scenarios that CBO has analyzed previously.
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Testimony on Confronting the Nation's Fiscal Policy Challenges
Testimony before the Joint Select Committee on Deficit Reduction
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CBO's 2011 Long-Term Projections for Social Security: Additional Information
CBO projects that in fiscal year 2011, Social Security's outlays will total $733 billion, one-fifth of the federal budget; OASI payments will account for about 82 percent of those outlays, and DI payments, about 18 percent.
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Testimony on CBO's 2011 Long-Term Budget Outlook
Testimony before the Committee on the Budget, U.S. House of Representatives
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CBO's 2011 Long-Term Budget Outlook
By the end of 2011, CBO projects, federal debt will reach roughly 70 percent of gross domestic product—the highest percentage since shortly after World War II.
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Long-Term Analysis of a Budget Proposal by Chairman Ryan
CBO has conducted a long-term analysis of a budget proposal by Chairman Ryan.
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Migrants' Remittances and Related Economic Flows
This document updates and expands upon CBO's previous analysis of remittances—Remittances: International Payments by Migrants (May 2005)—and presents data through 2009.