Raising the Age of Eligibility for Medicare to 67: An Updated Estimate of the Budgetary Effects

report

CBO's new estimate of the net budgetary savings from adopting this policy is much lower than its earlier estimates for proposals to raise Medicare’s eligibility age. This report describes CBO’s new estimate and the reasons for the change.

     

Snapshot of Corporate Income Tax Receipts

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Since 2008, corporate income tax receipts have been smaller, relative to the size of the economy, than their historical average of 1.9 percent of GDP—largely because the recent recession substantially reduced taxable corporate profits.

     

 


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