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Presentation
November 4, 2016
Presentation by Keith Hall, CBO Director, to the American Academy of Actuaries.
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Presentation
September 22, 2016
Presentation by Wendy Edelberg, an Associate Director for Economic Analysis at CBO, at the Seminar on Forecasting at George Washington University.
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Report
September 21, 2016
Both CBO and the Social Security Trustees project a shortfall in Social Security finances but they differ in their assessment of its magnitude. This testimony describes that difference and the major factors that contribute to it.
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Presentation
July 29, 2016
This slide deck provides a quick overview of CBO’s report, The 2016 Long-Term Budget Outlook.
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Graphic
July 15, 2016
This infographic provides an overview of CBO’s report, The 2016 Long-Term Budget Outlook. Gain quick insight into why CBO projects a substantial imbalance in the federal budget beyond the next 10 years.
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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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Presentation
June 29, 2016
Presentation by Keith Hall, CBO Director, at the Forecasters Club of New York.
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Blog Post
June 23, 2016
The 2016 Long-Term Budget Outlook will be available on CBO’s website at 10:00 a.m. on the day of release.
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Presentation
May 11, 2016
Presentation by Keith Hall, CBO Director, at the Peter G. Peterson Foundation’s 2016 Fiscal Summit.
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Report
March 15, 2016
Under 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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Blog Post
February 10, 2016
After questions were raised by outside analysts, we identified some errors in one part of our report, CBO’s 2015 Long-Term Projections for Social Security: Additional Information, which was released on December 16, 2015.
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Report
January 25, 2016
CBO estimates that the federal budget deficit in 2016 will be $544 billion, raising debt held by the public to 76 percent of GDP. Solid short-term growth in the economy is projected to be followed by slower growth in subsequent years.
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Report
December 16, 2015
Under 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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Report
December 15, 2015
CBO analyzes 36 policy options commonly proposed by policymakers and analysts. Most of them would improve Social Security’s long-term finances, but only a few would significantly postpone the combined trust funds’ exhaustion date.
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Presentation
November 20, 2015
Presentation by Ben Page, CBO’s Fiscal Policy Studies Unit Chief, at the National Tax Association 108th Annual Conference on Taxation
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Blog Post
November 5, 2015
CBO Director Keith Hall spoke to the Board of Trustees for the Manufacturers Alliance for Productivity and Innovation about CBO’s latest long-term projections.
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Presentation
October 5, 2015
Presentation by Wendy Edelberg, CBO’s Assistant Director for Macroeconomic Analysis, at the Social Security Trustees Working Group
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Presentation
August 17, 2015
Michael Simpson, Principal Analyst in CBO’s Health, Retirement, and Long-Term Analysis Division, will present CBO’s findings to the Fifth World Congress of the International Microsimulation Association on September 2, 2015.
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Report
July 28, 2015
The Senate Budget Committee convened a hearing in June at which Director Keith Hall testified about the long-term budget outlook. Committee members submitted further questions for the record, and this document provides CBO’s answers.
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Blog Post
July 14, 2015
Director Keith Hall spoke to the Center for Strategic Tax Reform, highlighting the key points of CBO’s latest long-term budget projections.
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Report
July 9, 2015
CBO Director Keith Hall testifies on the long-term budget outlook before the Committee on Homeland Security and Governmental Affairs, United States Senate.
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Report
June 17, 2015
CBO Director Keith Hall testifies about CBO’s 2015 Long-Term Budget Outlook before the Committee on the Budget, United States Senate.
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Blog Post
June 17, 2015
Director Keith Hall testified before the Senate Budget Committee on CBO’s latest long-term projections for the budget.
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Presentation
June 16, 2015
This slide deck provides a quick overview of CBO’s report, The 2015 Long-Term Budget Outlook.
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Report
June 16, 2015
Letter to the Honorable Ron Johnson regarding CBO’s analyses of the long-term budget outlook and the agency’s work on policy options that would address long-term fiscal imbalances.
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Report
June 16, 2015
If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2040 and continue on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.
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Report
March 18, 2015
CBO has analyzed the effects on the economy stemming from paths for federal revenues and noninterest spending specified by the chairmen of the budget committees and how those macroeconomic effects in turn would affect the federal budget.
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Report
March 17, 2015
Under budgetary paths, but not particular policies, specified by Chairman Price, total deficits and debt would be smaller than under CBO’s extended baseline. Economic output would be lower in the next few years but higher thereafter.
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Presentation
February 18, 2015
Presentation by CBO’s Deputy Assistant Director for Health, Jessica Banthin, Ph.D., to the Joint Network on the Fiscal Sustainability of Health Systems, Organisation for Economic Co-operation and Development in Paris, France.
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Report
December 18, 2014
This report presents additional information about the long-term projections CBO made in July 2014 for Social Security’s revenues, outlays, and the distribution of benefits and taxes.