Long-Term Outlook Series 2014
Latest
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Actually, Paul, the Debt is Still a Problem
In a recent New York Times column , economist Paul Krugman argued that the focus on the national debt represented “an imaginary budget and debt crisis...
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How to Deal With Budget Projection Uncertainty
In our series on the long-term budget outlook, we covered how debt projections would change if some of CBO's economic and technical assumptions turned...
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Trust Fund Insolvency Dates Are Approaching Fast
Although most of our analysis of CBO's Long-Term Budget Outlook has focused on debt projections, CBO also makes projections about the solvency of...
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What If...
Any budget projection is inherently uncertain, and that uncertainty is magnified when the projection period is extended to 25 or 75 years, as the...
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CBO: Consequences of a Growing National Debt
In addition to showing the path of future debt, CBO's Long-Term Budget Outlook described the consequences of a large and growing federal debt. The...
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Dissecting the Good Health Care Spending News in CBO's Long-Term Outlook
The Congressional Budget Office’s (CBO) new Long-Term Budget Outlook presents plenty of good news on Medicare costs yet still highlights the role that...
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High Debt Drags Down The Economy
New calculations in the Congressional Budget Office's Long-Term Budget Outlook show that the high debt projected under current law could diminish...
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Quantifying the Cost of Waiting to Address Debt
The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows a clearly unsustainable debt path over the long term, one that policymakers...
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CBO: Social Security Trust Fund To Be Exhausted 1 Year Earlier, in 2030
One of the biggest stories of last year's long-term outlook was the deterioration in Social Security's financial picture. Largely due to CBO's...
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CBO Releases 2014 Long-term Outlook
Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...
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CRFB Analyzes the CBO Long-Term Outlook
CBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...
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Sources of Spending Growth in CBO's Baseline
The CBO's baseline released today shows how spending is expected to grow over time and where that growth occurs in the federal budget. In general...