CBO Blog
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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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Challenges in Estimating the Number of People With Nongroup Health Insurance Coverage Under Proposals for Refundable Tax Credits
December 20, 2016What are the challenges in estimating the number of people who would purchase health insurance in the nongroup (or individual) market under proposals to replace the current tax-based subsidies with refundable tax credits?
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How Does CBO Define and Estimate Health Insurance Coverage for People Under Age 65?
December 20, 2016In addition to describing how CBO defines and estimates health insurance coverage for people under 65, the agency explains its sources of data, their limitations, and how it adjusts for those limitations in preparing its estimates.
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Options for Reducing the Deficit: 2017 to 2026
December 8, 2016CBO periodically issues a volume of options—this year’s installment presents 115—that would decrease federal spending or increase federal revenues over the next decade. The report is available both as a PDF and in a searchable format.
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Monthly Budget Review for November 2016
December 7, 2016The federal budget deficit was $179 billion for the first two months of fiscal year 2017, CBO estimates, $22 billion less than the one recorded during the same period last year.
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CBO to Release Budget Options Volume on December 8
November 29, 2016CBO will release Options for Reducing the Deficit: 2017 to 2026, the latest edition in the agency’s periodic volume of budget options, on Thursday, December 8 at 2:00 p.m.
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The Economic Effects of Canceling Scheduled Changes to Overtime Regulations
November 14, 2016Canceling scheduled changes to overtime regulations before enactment would lower employers’ payroll and compliance costs and increase profits. The cancellation would also lower employees’ pay but increase real family income, CBO finds.
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