CBO/JCT
Latest
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Event Recap: A Discussion on Dynamic Scoring
Read moreThe Committee for a Responsible Federal Budget hosted a policy discussion this past Tuesday on dynamic scoring. CRFB President Maya MacGuineas opened...
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Measuring Inflation Right Saves $375 Billion
Read moreAccording to the latest CBO Budget Options report, adopting the chained CPI – an inflation index that most economists believe is a more accurate...
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CBO Releases 2014 Budget Options
Read moreWith the national debt at record highs and projected to increase, lawmakers need to find ways to reduce the long-term budget deficit. Fortunately, CBO...
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Highlights from CBO's New Data on Income Distribution and Taxes
Read moreThe CBO has updated its data on the distribution of income and taxes. This analysis contains a wealth of data detailing changes in household income...
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CBO Report Parses the Reasons for Part D's Slow Growth
Read moreThe last few months have seen a number of new ideas to save money in Part D of Medicare by encouraging more efficient use of drugs by prescription...
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How CBO Accounts for Anti-Fraud Efforts
Read moreFraud -- along with the closely related waste and abuse -- is too often cited as a big factor affecting our high deficits, even though this is not the...
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How Medicare Part D's Low-Income Subsidy Could Work Better
Read moreDuring the recent slowdown in Medicare spending, the prescription drug portion of the program, Part D, has been the lead actor in the story. The...
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More Interesting Charts from CBO Director Elmendorf's Presentation
Read moreEarlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...
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Elmendorf: Health Care, Social Security, and Interest Spending Will Consume More of the Budget
Read moreIn a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources...
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Separating "Current Law" from A "Do Nothing" Baseline
Read moreCBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...
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Sources of Spending Growth in CBO's Baseline
Read moreCBO's recent budget projections reaffirm that our debt problems are significant. Entitlements are projected to grow, as a result of a retiring...
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How Alternative Policies Could Affect the Budget
Read moreCBO's latest budget projections, while a slight improvement, are not good news for the country's fiscal future. Debt is higher than at any time in our...