Dynamic Analysis
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Report
The 2016 Long-Term Budget Outlook
July 12, 2016If 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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Report
A Macroeconomic Analysis of the President’s 2017 Budget
June 6, 2016The President’s budget proposals would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. The economic effects would affect the budget in ways that would reduce deficits.
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Report
Budgetary and Economic Outcomes Under Paths for Federal Revenues and Noninterest Spending Specified by Chairman Price, March 2016
March 15, 2016Under budgetary paths (not particular policies) specified by Chairman Price, the budget would show a surplus in 2026. In comparison with CBO’s extended baseline, economic output would be lower in the next few years but higher after 2020.
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Presentation
Dynamic Analysis at CBO
February 29, 2016Presentation by Wendy Edelberg, an Associate Director for Economic Analysis at CBO, at the University of Chicago Booth School of Business
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Cost Estimate
H.R. 3762, Restoring Americans' Healthcare Freedom Reconciliation Act, as passed by the Senate on December 3, 2015, and following enactment of the Consolidated Appropriations Act, 2016
January 4, 2016Direct spending and revenue effects of H.R. 3762, as passed by the Senate on December 3, 2015, and following enactment of the Consolidated Appropriations Act, 2016
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Cost Estimate
Budgetary Effects of H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act, as Passed by the Senate on December 3, 2015
December 11, 2015Letter to the Honorable Mike Enzi regarding the budgetary effects of H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act, as passed by the Senate on December 3, 2015
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Cost Estimate
H.R. 3762, Restoring Americans' Healthcare Freedom Reconciliation Act
November 4, 2015As passed by the House and following enactment of the Bipartisan Budget Act of 2015
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Report
A Macroeconomic Analysis of the President’s 2016 Budget
August 21, 2015The President’s policies would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. Such economic effects would feed back into the budget in ways that would reduce deficits.
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Blog Post
Answers to Questions About Dynamic Analysis
July 1, 2015The Congress adopted a concurrent resolution on the FY16 budget that requires CBO, to the greatest extent practicable, to include macroeconomic effects in its 10-year cost estimates of major legislation approved by Congressional committees.
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Report
Budgetary and Economic Effects of Repealing the Affordable Care Act
June 19, 2015CBO 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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Report
Budgetary and Economic Outcomes Under Paths for Federal Revenues and Noninterest Spending Specified in the Conference Report on the 2016 Budget Resolution
April 29, 2015Under budgetary paths, but not particular policies, specified in the 2016 budget resolution conference report, total debt would be smaller than in CBO’s baseline. Economic output would be lower in the next few years but higher thereafter.
