Long-Term Outlook Series 2015

Social Security Costs Keep Increasing Over the Long Term

CBO's Long-Term Budget Outlook, released last month, included updated projections for Social Security and Medicare, including individuals' expected...
fiscal year

Sources of Spending Growth in the Long Term

Over the past few weeks, we have been posting in-depth analysis of the Congressional Budget Office’s (CBO) Long-Term Outlook. In its...
Economics Issue Area

High Debt Drags Down the Economy

According to the Congressional Budget Office (CBO), rising debt levels could reduce projected annual income by between $2,000 and $6,000 per person...
Economics Issue Area

How Uncertain Are CBO's Long-Term Projections?

Any budget projections, including CBO's long-term outlook, are inherently uncertain, and it is important to understand how projections might...
health care

CBO's Outlook for Long-Term Health Care Spending

Health care spending is arguably the most important part of CBO's long-term outlook, being a key driver of our nation's growing debt over the...
Concept_DC_Capitol Building

Samuelson to Lawmakers: Spread the Pain

As Washington digests this year’s CBO Long Term-Budget Outlook, Robert J. Samuelson of The Washington Post offered up his criticism of the...
Concept_DC_Capitol Building

Waiting To Reduce Debt Makes It More Difficult

In their recently released long-term outlook, the Congressional Budget Office (CBO) laid out multiple scenarios for addressing our unsustainable long...
Economics Issue Area

Senate Budget Committee Hearing on CBO Long-Term Fiscal Outlook

Last week, CBO Director Keith Hall testified before the Senate Budget Committee on the release of CBO’s Long-Term Budget Outlook. Senators...
Concept_Magnifying Glass

Shoring Up Trust Funds Greatly Improves Debt

The main focus of CBO's long-term budget outlook is rightly on the unified budget numbers regarding spending, revenue, deficits, and debt. But it...
Concept_DC_Capitol Building Fireworks

Looking at the Long Term in 2015

CBO's Long-Term Budget Outlook, released yesterday, is a detailed 130-page document, filled with budget projections for the next 25 years, along...

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