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Report
July 12, 2016
If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years—reaching the highest level of debt relative to GDP ever experienced in this country.
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Working Paper
December 7, 2015
This working paper describes the methods and calculations CBO used in its August 2015 baseline projections to estimate the effects of the Affordable Care Act on the labor market.
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Report
June 19, 2015
CBO and the staff of the Joint Committee on Taxation estimate that, over the next decade, a repeal of the Affordable Care Act would probably increase budget deficits with or without considering the effects of macroeconomic feedback.
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Working Paper
October 25, 2012
A Review of Recent Research on Labor Supply Elasticities
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Working Paper
October 25, 2012
Review of Estimates of the Frisch Elasticity of Labor Supply
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Blog Post
October 25, 2012
Although much of the analysis that CBO undertakes is very technical in nature, the agency works hard to explain the basis for its findings so that Members of Congress, their staff, and outside analysts can understand the results and question the methods used. To that end, CBO just released a report, How the Supply of Labor Responds to Changes in Fiscal Policy, that explains an important aspect of the agency’s analysis.