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The Senate Budget Committee convened a hearing in May at which Director Keith Hall testified on the work of Congressional Budget Office. Committee members submitted further questions for the record and this document provides CBO’s answers.
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.
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 6, 2015
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on May 20, 2015
As ordered reported by the House Committee on Foreign Affairs on May 21, 2015
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on May 20, 2015
This slide deck provides a quick overview of CBO's report, The 2015 Long-Term Budget Outlook.
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.
As ordered reported by the House Committee on Homeland Security on May 20, 2015
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 6, 2015
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