CBO published its 2016 Long-Term Budget Outlook in July, describing the agency’s projections of federal spending and revenues over the next 30 years. This blog post focuses on the projected growth of net interest costs.
The pensions of some 10 million people are insured by the Pension Benefit Guaranty Corporation’s multiemployer program. CBO projects future claims on the program and losses to its beneficiaries and analyzes potential policy changes.