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Today CBO released a letter providing additional information on the budgetary effects of proposals to establish the Community Living Assistance Services and Supports (CLASS) Program, a new federal program for long-term care insurance. H.R. 3962, the Affordable Health Care for America Act, as ...
Government
Community Reinvestment Act
The consumption of fossil fuels and deforestation are producing increasingly large quantities of greenhouse gases, particularly carbon dioxide (CO 2 ). Most experts expect that the accumulation of such gases in the atmosphere will result in a variety of environmental changes over time Although ...
Other
In response to many questions we have received, CBO has released several additional pieces of analysis of the Patient Protection and Affordable Care Act:
Subsidies and payments at different income levels
Distribution of individual mandate penalties
Effect on the Hospital Insurance (HI) ...
Other
CBO has just released a revised estimate of the net budgetary impact of H.R. 3962, the Affordable Health Care for America Act, the health care reform bill that was passed by the House of Representatives on November 7. The revised estimate corrects a mistake that CBO made in its earlier ...
Other
CBO just released a letter responding to questions from Congressman Ryan about H.R. 3961, the Medicare Physicians Payment Reform Act of 2009, which is scheduled to be considered by the House of Representatives today. Congressman Ryan inquired about the total budgetary impact of enacting that ...
Other
cboblog.cbo.gov - 7 days ago
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cboblog.cbo.gov —
Last night CBO and the staff of the
Joint Committee on Taxation (JCT) issued an estimate of...
the budgetary effects of the Patient Protection and Affordable Care Act proposed by Senator Reid. Among other things, the bill would establish a mandate for most legal residents of the United States to ...
(more)
Cost Estimate for the Patient Protection and Affordable ...
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The Patient Protection and Affordable Care Act proposed yesterday by Senator Reid and H.R. 3962, the Affordable Health Care for America Act passed by the House of Representatives, contain very similar proposals regarding long-term care insurance. Both proposals would establish a voluntary ...
Other
CBO’s Acting Assistant Director in charge of the National Security Division, Matt Goldberg, testified today before the House Committee on Armed Services about the long-term implications of the fiscal year 2010 budget submission for the Department of Defense (DoD). Today’s testimony is similar ...
Other
cboblog.cbo.gov - 14 days ago
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cboblog.cbo.gov —
Last week I gave a talk at the
annual fall research conference of the Association for Public...
Policy Analysis and Management. The session was titled “Aging and Health: The Challenges of Entitlement Growth,” and my slides drew on our August report The ...
(more)
Entitlement Spending and the Long-Term Budget Outlook
Earlier today, I posted a blog about the cost estimate for the health care legislation pending in the House. I explained how the repeal of certain tax rules in H.R. 3962, the health care bill, would now generate less revenue because the rules would only be in effect for two years during the ...
Other
The Treasury recently reported that the federal government recorded a total budget deficit of $1.4 trillion in fiscal year 2009, about $960 billion more than the deficit incurred in 2008. CBO notes, in its latest Montly Budget Review , that the federal deficit rose as a share of the nation’s ...
Government
Gross Domestic Product
Federal Budget
US Trade Deficit
One question receiving much attention in the discussion of the pending health care legislation is: How would it affect unauthorized immigrants? In a recent letter (dated October 29), we noted that unauthorized immigrants would constitute “about one-third” of the 18 million nonelderly ...
Other
Last night CBO and the staff of the Joint Committee on Taxation (JCT) released an estimate of the direct spending and revenue effects of H.R. 3962, the Affordable Health Care for America Act, as introduced on October 29, 2009, incorporating the manager’s amendment proposed by Representative ...
Other
cboblog.cbo.gov - 21 days ago
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cboblog.cbo.gov —
This evening, CBO released a preliminary analysis of
a substitute amendment to H.R. 3962, the Affordable Health...
Care for America Act, proposed by Representative John Boehner, the Ranking Republican in the House of Representatives. CBO and the staff ...
(more)
A Preliminary Analysis of a Substitute Amendment to H.R. ...
In 2005, the National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA), experienced an unprecedented volume of claims resulting from hurricanes Katrina, Rita, and Wilma. Total payments on those claims were greater than the total for all of the ...
Other
The federal government commits substantial budgetary resources to support housing and mortgage markets through a combination of spending programs and tax provisions. During the crisis of the past two years, the commitment expanded—to about $300 billion in 2009—from the placement into ...
Stocks
Housing Market
In February 2009, CBO issued its estimate of spending from the American Recovery and Reinvestment Act (ARRA)—commonly referred to as the stimulus package. At that time, CBO expected that federal agencies would spend about $120 billion over the remaining 7½ months of fiscal year 2009. That ...
Government
Today CBO released a letter responding to questions about the subsidies that enrollees would receive for premiums and cost sharing, and the amounts that they would have to pay, on average, if they purchased a relatively low cost plan in the new insurance exchanges to be established under H.R. ...
Stocks
Florida Power & Light
Current proposals to reform the health care and health insurance systems would affect the federal budget and the nation’s spending for health care in many ways, and those effects can be summarized using a variety of different measures. Today CBO released a letter to clarify the measures being ...
Government
CBO and the Joint Committee on Taxation (JCT) have just issued a preliminary analysis of H.R. 3962, the Affordable Health Care for America Act , as introduced on October 29, 2009. Among other things, H.R. 3962 would establish a mandate for most legal residents of the United States to obtain ...
