CBO Blog
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CBO Director’s Statement About the Budget and Economic Outlook for 2017 to 2027
January 24, 2017This morning I briefed the press about The Budget and Economic Outlook: 2017 to 2027, which CBO published along with two slide decks illustrating the report’s key findings.
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The Budget and Economic Outlook: 2017 to 2027
January 24, 2017If current laws remained generally unchanged, deficits would follow an upward trajectory over the next decade, driving up federal debt. CBO projects moderate economic growth during that period.
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CBO Launches New Video and Revamped Introductory Page
January 23, 2017As the 115th Congress gets under way, we are excited to announce the launch of a new video that provides an overview of CBO’s role and responsibilities and a revamped Introduction to CBO page on our website.
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How Repealing Portions of the Affordable Care Act Would Affect Health Insurance Coverage and Premiums
January 17, 2017CBO reports on the estimated changes in health insurance coverage and premiums that would result from leaving the Affordable Care Act’s insurance market reforms in place while repealing the law’s mandate penalties and subsidies.
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Expired and Expiring Authorizations of Appropriations
January 13, 2017CBO reports annually to the Congress on programs funded for the current fiscal year whose authorizations of appropriations have expired and on programs whose authorizations of appropriations will expire during the current fiscal year.
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CBO’s Long-Term Projections of Labor Force Participation
January 13, 2017This blog post describes CBO’s current projections of labor force participation, and compares them with the agency’s previous projections and with those of the Social Security Trustees.
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CBO to Release Budget and Economic Outlook on January 24
January 11, 2017CBO will release its annual Budget and Economic Outlook on Tuesday, January 24. It will be available on CBO’s website at 10:00 a.m. ET.
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Monthly Budget Review for December 2016
January 9, 2017The federal budget deficit was $207 billion for the first three months of fiscal year 2017, CBO estimates—$8 billion less than the shortfall recorded during the same period last year.
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Trends in Spending by the Department of Defense for Operation and Maintenance
January 5, 2017O&M costs grew by almost 50 percent between 2000 and 2012, after adjusting for inflation. Much of that growth was in spending for health care, civilian pay, and contracted professional and maintenance services.
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CBO’s 2016 Long-Term Projections for Social Security: Additional Information
December 21, 2016Under current law, CBO projects, Social Security’s trust funds, considered together, will be exhausted in 2029. In that case, benefits in 2030 would need to be reduced by 29 percent from the scheduled amounts.
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