Explaining Analytical Methods
- Presentation
CBO’s Long-Term Projections of Labor Force Participation Rates
Presentation by Julie Topoleski, the director of CBO’s Labor, Income Security, and Long-Term Analysis Division, at the NBER’s Summer Institute 2023: Economics of Social Security.
- Report
Testimony on Social Security’s Finances
CBO’s Director, Phillip Swagel, testifies about the agency’s projections of Social Security’s finances before the House Ways and Means Committee’s Subcommittee on Social Security.
- 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.
- Report
The Budget and Economic Outlook: 2018 to 2028
In CBO’s projections, the economy grows relatively quickly this year and next and then more slowly in the following several years. The federal budget deficit rises substantially, boosting federal debt to nearly 100 percent of GDP by 2028.