Congressional Budget Office

CBO’s analyses of the health care legislation passed during the 111th Congress began in early 2009 and continued past the enactment of the Affordable Care Act (ACA, which consists of P.L. 111-148 as amended by P.L. 111-152) in March 2010. The agency’s previous and ongoing work on ACA covers a wide range of topics, some related to specific legislative proposals and some with a broader perspective.

H.R. 1549, Helping Sick Americans Now Act

cost estimate April 19, 2013
How Has CBO’s Estimate of the Net Budgetary Impact of the Affordable Care Act’s Health Insurance Coverage Provisions Changed Over Time?

blog post March 20, 2013
Growth in Means-Tested Programs and Tax Credits for Low-Income Households

report February 11, 2013
Effects of the Affordable Care Act on Health Insurance Coverage—February 2013 Baseline

data or technical information February 5, 2013

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Congressional Budget Office

budget (Photo credit: 401(K) 2013)

H.R. 356, Hill Creek Cultural Preservation and Energy Development Act

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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H.R. 180, National Blue Alert Act of 2013

As ordered reported by the House Committee on the Judiciary on May 7, 2013

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CBO: Immigrant Population,Unemployment, Education and more

CBO to Release Updated Baseline Projections, Analysis of the President’s FY 2014 Budget Next Week

CBO plans to release its updated 10-year baseline budget projections on Tuesday, May 14. The agency’s analysis of the budgetary outlook under the President’s proposals will be available on CBO’s website Friday afternoon, May 17.

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Macroeconomic Analysis of Legislative Proposals

What sorts of behavioral responses are included in CBO’s estimates?

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CBO’s Panel of Health Advisers

Following yesterday’s post about CBO’s Panel of Economic Advisers, the agency reports the current members of its Panel of Health Advisers. CBO’s work benefits greatly from the members’ expertise on a variety of health care issues.

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A Description of the Immigrant Population—2013 Update

About 40 million foreign-born people now live in the United States, accounting for about 13 percent of the total population.

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Snapshot of the Unemployment Rate of People Ages 25 to 64, by Birthplace, 1994 to 2012

Since 1994, the unemployment rate for foreign-born workers has generally increased when the unemployment rate for native-born workers has increased and decreased when the rate for native-born workers has decreased.

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Snapshot of the Number of Unauthorized Foreign-Born People in the United States, 2000 and 2011

The Department of Homeland Security has estimated that, in 2011, about 11.5 million U.S. residents were in the country without legal authorization—about 3 million more than in 2000.

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Snapshot of the Educational Attainment of People Ages 25 to 64 in the United States, by Birthplace, 2012

In 2012, 27 percent of the foreign-born population between the ages of 25 and 64 had not completed high school, compared with 7 percent of the native-born population.

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Snapshot of the Share of States’ Population That Is Foreign Born, 2012

In 2012, three states that account for more than one-fifth of the nation’s population—California, New York, and New Jersey—had a foreign-born population that, for each state, exceeded 20 percent of its total population.

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Snapshot of the Foreign-Born Population in the United States, 1860 to 2010

By 2010, nearly 40 million foreign-born people lived in the United States, constituting about 13 percent of the U.S. population.

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CBO’s Panel of Economic Advisers

CBO learns from many outside experts. Part of that learning comes through its Panel of Economic Advisers, which consists of distinguished economists with diverse areas of expertise. Today CBO announces the current members of that panel.

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Congressional Budget Office :

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Monthly Budget Review

The federal government ran a budget deficit of $489 billion in the first seven months of fiscal year 2013 (that is, from October 2012 through April 2013), according to CBO’s estimates.

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CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts

How do CBO’s projections of federal receipts and expenditures in the national income and product accounts compare with CBO’s baseline projections of revenues and outlays in the federal budget?

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Implications of the Department of Defense Readiness Reporting System: Working Paper 2013-03

CBO releases a working paper on the Department of Defense Readiness Reporting System

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H.R. 1377, Mescalero Apache Tribe Leasing Authorization Act

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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H.R. 934, a bill to amend the Wild and Scenic Rivers Act related to a segment of the Lower Merced River in California, and for other purposes

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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H.R. 829, a bill to amend the Wild and Scenic Rivers Act to designate a segment of the Illabot Creek in Skagit County, Washington, as a component of the National Wild and Scenic Rivers System

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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H.R. 767, a bill to amend the Energy Policy Act of 2005 to modify the Pilot Project offices of the Federal Permit Streamlining Pilot Project

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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Congressional Budget Office ~~~

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Modifying Mortgages Involving Fannie Mae and Freddie Mac: Options for Principal Forgiveness

CBO examined three options for Fannie Mae and Freddie Mac to use principal forgiveness for certain underwater borrowers. How would those options affect the number of mortgage defaults, the federal budget, and the overall economy?

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Options for Principal Forgiveness in Mortgages Involving Fannie Mae and Freddie Mac: Working Paper 2013-02

CBO releases companion working paper to its report Modifying Mortgages Involving Fannie Mae and Freddie Mac: Options for Principal Forgiveness.

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H.R. 3, Northern Route Approval Act

As ordered reported by the House Committee on Energy and Commerce on April 17, 2013

Congressional Budget Office ~~~HR251 HR739

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H.R. 251, South Utah Valley Electric Conveyance Act

As ordered reported by the House Committee on Natural Resources on April 24, 2013

H.R. 739, Chesapeake Bay Accountability and Recovery Act of 2013

As ordered reported by the House Committee on Natural Resources on April 24, 2013

CARE2

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Could a Common Painkiller Fight Aggressive Breast Cancer?

Could a common painkiller really be able to slow the spread of one of the most virulent forms of breast cancer? A new study says yes, possibly….
read more

Eating Meat Kills People. So Why Do We Keep Eating It?

What’s the news in nutrition these days? It’s that red meat can kill you, and processed meat can kill you. We knew that already, you say?…
read more

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This blog post describes in more detail CBO’s revised expectations about sources of people’s insurance coverage and the net budgetary impact of those revisions, as reflected in CBO’s updated baseline projections released today.

May 2013 Baseline

As reported by the Senate Committee on the Judiciary on April 25, 2013

As ordered reported by the House Committee on Natural Resources on April 24, 2013

May 2013 Baseline

May 2013 Baseline

May 2013 Baseline

May 2013 Baseline

May 2013 Baseline Projections

May 2013 Baseline Projections

Deficits Projected in CBO’s Baseline and Under an Alternative Fiscal Scenario

Alternative Fiscal Scenario

May 2013 Baseline

Medicare’s Payments to Physicians

A robust increase in revenues projected over the next few years will help shrink deficits through 2015. But deficits are projected to rise later in the decade, partly because of pressures of an aging population and rising health care costs.

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As ordered reported by the House Committee on Natural Resources on April 24, 2013

As ordered reported by the House Committee on the Judiciary on May 7, 2013

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CBO plans to release its updated 10-year baseline budget projections on Tuesday, May 14. The agency’s analysis of the budgetary outlook under the President’s proposals will be available on CBO’s website Friday afternoon, May 17.

What sorts of behavioral responses are included in CBO’s estimates?

Following yesterday’s post about CBO’s Panel of Economic Advisers, the agency reports the current members of its Panel of Health Advisers. CBO’s work benefits greatly from the members’ expertise on a variety of health care issues.

About 40 million foreign-born people now live in the United States, accounting for about 13 percent of the total population.

Since 1994, the unemployment rate for foreign-born workers has generally increased when the unemployment rate for native-born workers has increased and decreased when the rate for native-born workers has decreased.

The Department of Homeland Security has estimated that, in 2011, about 11.5 million U.S. residents were in the country without legal authorization—about 3 million more than in 2000.

In 2012, 27 percent of the foreign-born population between the ages of 25 and 64 had not completed high school, compared with 7 percent of the native-born population.

In 2012, three states that account for more than one-fifth of the nation’s population—California, New York, and New Jersey—had a foreign-born population that, for each state, exceeded 20 percent of its total population.

By 2010, nearly 40 million foreign-born people lived in the United States, constituting about 13 percent of the U.S. population.

CBO learns from many outside experts. Part of that learning comes through its Panel of Economic Advisers, which consists of distinguished economists with diverse areas of expertise. Today CBO announces the current members of that panel.

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The federal government ran a budget deficit of $489 billion in the first seven months of fiscal year 2013 (that is, from October 2012 through April 2013), according to CBO’s estimates.

How do CBO’s projections of federal receipts and expenditures in the national income and product accounts compare with CBO’s baseline projections of revenues and outlays in the federal budget?

CBO releases a working paper on the Department of Defense Readiness Reporting System

As ordered reported by the House Committee on Natural Resources on April 24, 2013

As ordered reported by the House Committee on Natural Resources on April 24, 2013

As ordered reported by the House Committee on Natural Resources on April 24, 2013

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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CBO examined three options for Fannie Mae and Freddie Mac to use principal forgiveness for certain underwater borrowers. How would those options affect the number of mortgage defaults, the federal budget, and the overall economy?

CBO releases companion working paper to its report Modifying Mortgages Involving Fannie Mae and Freddie Mac: Options for Principal Forgiveness.

As ordered reported by the House Committee on Energy and Commerce on April 17, 2013

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As ordered reported by the House Committee on Natural Resources on April 24, 2013

As ordered reported by the House Committee on Natural Resources on April 24, 2013

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As ordered reported by the House Committee on Ways and Means on April 25, 2013

Director Doug Elmendorf’s Presentation to Economics 10 at Harvard University

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