Social Security Costs Keep Increasing Over the Long Term
CBO's Long-Term Budget Outlook, released last month, included updated projections for Social Security and Medicare, including individuals' expected...
Long-Term Outlook Series 2015
Sources of Spending Growth in the Long Term
Over the past few weeks, we have been posting in-depth analysis of the Congressional Budget Office’s (CBO) Long-Term Outlook. In its...
High Debt Drags Down the Economy
According to the Congressional Budget Office (CBO), rising debt levels could reduce projected annual income by between $2,000 and $6,000 per person...
How Uncertain Are CBO's Long-Term Projections?
Any budget projections, including CBO's long-term outlook, are inherently uncertain, and it is important to understand how projections might...
CBO's Outlook for Long-Term Health Care Spending
Health care spending is arguably the most important part of CBO's long-term outlook, being a key driver of our nation's growing debt over the...
Samuelson to Lawmakers: Spread the Pain
As Washington digests this year’s CBO Long Term-Budget Outlook, Robert J. Samuelson of The Washington Post offered up his criticism of the...
Waiting To Reduce Debt Makes It More Difficult
In their recently released long-term outlook, the Congressional Budget Office (CBO) laid out multiple scenarios for addressing our unsustainable long...
Senate Budget Committee Hearing on CBO Long-Term Fiscal Outlook
Last week, CBO Director Keith Hall testified before the Senate Budget Committee on the release of CBO’s Long-Term Budget Outlook. Senators...
Jun 23, 2015 | Blog Paper Press Release | Budgets & Projections| Health Care| Social Security| Other Spending
Shoring Up Trust Funds Greatly Improves Debt
The main focus of CBO's long-term budget outlook is rightly on the unified budget numbers regarding spending, revenue, deficits, and debt. But it...
Looking at the Long Term in 2015
CBO's Long-Term Budget Outlook, released yesterday, is a detailed 130-page document, filled with budget projections for the next 25 years, along...