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Topic: CBO

	Congressional Budget Office - Home Page
		October 2: CBO Director Orszag discusses the future of health entitlements at the AdvaMed 2007--Medical Technology Industry Conference.
		October 4: CBO Director Orszag speaks at The Aspen Health Forum.
		About CBO: CBO Fact Sheet, Staffing and Organization, Panel of Economic Advisers, Panel of Health Advisers, Directions to CBO, Visiting CBO, Links, CBO's Role in the Budget Process, Timeline for Analyses, What CBO Publishes, Preparing and Distributing Estimates and Analyses, Frequently Asked Questions
	www.cbo.gov (218 words)

	Senator Misrepresents CBO Report in Launching Misleading Attack on Fiscally Responsible Social Security Plan, 1/4/05
		CBO projected that because retirement benefits would be reduced so much under the Commission plan, workers would feel compelled to consume less and reduce their standard-of-living during their working years in order to save a bit more.
		CBO projects that the benefits paid to median wage-earners born in the 1990s who retire at age 65 would be 13 percent higher under the Diamond-Orszag plan than the benefits that would be paid to these workers under the do-nothing scenario.
		CBO assumed that workers would recognize that their retirement income would be substantially reduced and respond by consuming a bit less (and lowering their standard of living) during their working years in order to save a bit more for their retirement years.
	www.cbpp.org /1-4-05socsec2.htm (1731 words)

	CBO Confirms the Defense Spending Gap
		CBO reported the existence of an annual $51 billion gap between actual spending and what is needed to sustain the force.
		CBO developed separate estimates of funding for those categories for each of the three military departments and a total estimate for the rest of DoD's organizational components.
		CBO estimates that OandM funding would need to average about $107 billion annually to maintain a civilian workforce equivalent to today's and to cover the cost of the items and services that are also funded through these appropriations.
	www.afa.org /magazine/dec2000/1200cbo.asp (1663 words)

	Centrists.Org: Lessons from the New CBO Medicare Estimates
		Based on the preliminary CBO estimate of the Senate plan in June, Centrists.Org extrapolated the impact of a continuation of accelerated growth in Medicare spending to 2030, showing that it would amount to about 1 percent of GDP.
		CBO says that late-enrollment penalties are a very important part of their estimate that most seniors would sign up for the federal benefit, even if their drug costs would not otherwise seem to make it worth their while.
		CBO has taken a very a programmatic or formulaic view of the House bill's "premium float" system, which would be phased-in beginning in 2010.
	www.centrists.org /pages/2003/07/28_lemieux_health.html (1729 words)

	The CBO's Missile Defense
		Those CBO estimates do not include the costs of space-based sensors for NMD because the sensors would be used for other missions as well, and their costs are included in separate Air Force programs.
		CBO's estimate for Expanded Capability 1 is $3.9 billion more than the Administration's estimate for the same period because of different assumptions about procurement of NMD components, construction, and operations.
		CBO expects that operating the Expanded Capability 1 system would cost a total of about $8.5 billion through 2015, which is some $1.5 billion more than the Administration estimates for the same period.
	www.afa.org /magazine/july2000/0700cbo.asp (3184 words)

	CBO: Estimate of the Cost of War in Iraq - 9-30-02
		CBO estimates that the costs to redeploy those forces would be approximately $7 billion for the Heavy Ground force and $5 billion for the Heavy Air force.
		CBO assumed that one-third of a British heavy armored division and one British air wing would be part of the Heavy Air force, as would the same British naval contingent of 21 ships assumed for the Heavy Ground estimate.
		CBO again assumed that 50 percent of the targets assigned to aircraft in the early phase of combat would be attacked with precision munitions.
	www.iraqwatch.org /government/US/CBO/cbo-warcost-093002.htm (3996 words)

	CBO and Economic Policy
		CBO and the Joint Committee on Taxation (JCT) are often criticized for failing to adequately account for economic and behavioral changes that would occur under new policy initiatives.
		The CBO errors amounted to $71 billion for 1989, $130 billion for 1990, $157 billion for 1991, and $169 billion in 1992, amounting to a cumulative error of $527 billion, or half a trillion dollars, over the four years.
		CBO and JCT acknowledge that a reduction in the capital gains tax rate would unlock investment and generate revenues that would offset at least some of the static revenue losses.
	www.house.gov /jec/fiscal/tx-grwth/cbo11-94/cbo11-94.htm (1164 words)

	t r u t h o u t - ISSUES - CONGRESSMAN JOHN SPRATT \| CBO'S Report
		CBO confirms that over the long run, the tax cut is the primary cause for the disappearance of the surplus.
		Just a year ago, CBO projected that the federal government would save the Social Security and Medicare surpluses in each and every year in the ten-year budget window, and as a result, we could effectively buy up all of the $3.4 trillion in Treasury bonds held by the public, with room to spare.
		CBO projects that the economy will soon recover and begin to grow again, but growth will not deliver us from a new era of unending deficits.
	www.truthout.org /docs_01/01.24G.Spratt.CBO.htm (1221 words)

	Centrists.Org: CBO's New Estimates of Social Security Reform Proposals
		CBO provides a rough estimate of the impact of Social Security reforms on workers with varying incomes.
		CBO's long-term estimates of the President's Plan #2 are interesting, but because that proposal has been superceded by Senator Lindsey Graham's plan (S., they seem somewhat out-of-date.
		Hopefully, the new analysis by CBO and the Social Security Administration will help create an opening for policymakers who are interested in solving long-term problems, not just trashing the other party.
	www.centrists.org /pages/2004/07/21_guest_wealth.html (805 words)

	Congressional Budget Office - Current Budget Projections (Site not responding. Last check: 2007-10-26)
		CBO's budget projections give the Congress a baseline against which to measure the effects of proposed changes in tax and spending laws.
		CBO's most recent budget projections were released in The Budget and Economic Outlook: An Update on August 17, 2006.
		CBO's previous budget projections were released on March 3, 2006.
	ftp.cbo.gov /budget/budproj.shtml (213 words)

	USATODAY.com - CBO expects smaller deficit (Site not responding. Last check: 2007-10-26)
		The new report by the nonpartisan Congressional Budget Office, which does budget analysis for lawmakers in Washington, gave the latest proof that surging revenues and a steadily growing economy are combining to bring the deficit down from a record $412 billion posted last year.
		CBO predicts a $314 billion deficit for the budget year starting Oct. 1.
		Unlike White House estimates released last month, CBO assumes that Bush's tax cuts are allowed to lapse at the end of the decade.
	www.usatoday.com /news/washington/2005-08-15-cbo-deficit_x.htm?csp=34 (770 words)

	CBO : About CBO (Site not responding. Last check: 2007-10-26)
		The Dutch Institute for Healthcare Improvement CBO is devoted to improving the quality of patient care.
		At the CBO we have a staff of about 85 people with various backgrounds: doctors, nurses, allied health professionals, epidemiologists, health and organisational scientists.
		For more than 20 years CBO has developed into a trend setting institute and has built up a great deal of experience in the area of quality and healthcare.
	www.cbo.nl /english/article20030512115620/articleCBOextra_view (573 words)

	CYD: CBO Schools: Reinventing High School Education
		CBO schools re-engage young people in their own education, development, and communities by giving them opportunities to become active participants, valuable resources, and capable leaders.
		CBO schools maintain high and comprehensive expectations of what young people can contribute to their own education, school, and community as well as what they can achieve academically.
		CBO schools and other alternative community-based educators are resources with particular value for effecting reforms in the public high school system that will help the young people most often left behind to reach for these goals.
	www.cydjournal.org /2001Summer/CBO.html (3411 words)

	Cost Control: Inside the Oracle Optimizer (Site not responding. Last check: 2007-10-26)
		The CBO has evolved into one of the world's most sophisticated software components, and it has the challenging job of evaluating any SQL statement and generating the "best" execution plan for the statement.
		Because the CBO determines the execution speed for every Oracle query, the Oracle professional must understand how the CBO is influenced by Oracle external issues, internal statistics, and data distribution.
		By telling the CBO, a priori, that we only expect a certain number of rows back from the query, the CBO will be able to make a better decision about whether to use an index to access the table rows.
	www.oracle.com /technology/oramag/webcolumns/2003/techarticles/burleson_cbo_pt1.html (1839 words)

	CBO Warns of Higher Exploration Price Tag
		The study by the nonpartisan Congressional Budget Office (CBO), dated September 2004, suggests that carrying out the new exploration agenda on the schedule laid out by NASA could increase total agency spending through 2020 by an estimated 12 to 23 percent above the agency’s current projection of $271 billion.
		For the return to the moon, the CBO drew on comparisons to the Apollo program along with other lunar exploration plans that were never executed.
		The CBO came up with low-, medium- and high-cost scenarios for returning to the moon.
	www.space.com /spacenews/archive04/cboarch_091004.html (540 words)

	New CBO Data Show Deficit Will Be Higher Than Earlier Forecast As Revenues Fall To Their Lowest Level In Decades, As A ...
		The CBO report, which is based on Treasury data on revenue collections through April 30, comes at a time when legislation is moving through Congress that would cut federal taxes further.
		CBO projects that revenues for this fiscal year will fall $50 billion to $80 billion below its March projection.
		Even under CBO’s most optimistic scenario — and before adding in any new tax cuts — income tax receipts are on course to drop to their lowest level, measured as a share of the economy, since 1943.
	www.cbpp.org /5-12-03bud.htm (1093 words)

	New CBO Baseline Substantially Understates Grim Budget Picture
		A number of CBO’s assumptions underlying this projection are, to say the least, problematic.
		For example, CBO’s projections assume that all of the President’s 2001 and 2003 tax cuts, as well as all other temporary tax cuts, are allowed to expire and that the Alternative Minimum Tax is not fixed before it digs further into middle-class incomes.
		CBO is also required by law to assume that there will be no more appropriations for the conflicts in Iraq and Afghanistan and for Gulf Coast reconstruction; that the pending reconciliation budget will have no effects; and that discretionary spending will not grow at all, in inflation-adjusted terms.
	www.heritage.org /Research/Budget/wm970.cfm (905 words)

	Medicare \| House, Senate Medicare Bills Both Exceed $400B Limit, According to New CBO Estimate - Kaisernetwork.org
		The CBO estimates the House bill would cost a net of $567 billion over 10 years, including $174 billion in lost revenue because of a provision that would create health savings accounts for people under age 65.
		The CBO report also says that the proportion of Medicare beneficiaries in private health plans will be lower in 10 years than it is now, despite efforts in both the House and Senate bills to encourage beneficiaries to join private plans, the
		The CBO also estimates that the House provision that calls for competition between private plans and traditional Medicare beginning in 2010 would raise Medicare spending by $7.5 billion over 10 years.
	www.kaisernetwork.org /daily_reports/rep_index.cfm?DR_ID=18970 (1046 words)

	CBO : English (Site not responding. Last check: 2007-10-26)
		CBO develops products, instruments, and methods for quality improvement and care innovation which appeal to care providers, such as evidence-based guidelines, visitation (a type of external peer review) systems, Breakthrough projects, as well as programmes for improving patient flow and patient safety.
		The institute collaborates closely with care providers in an atmosphere that both motivates and stimulates them to improve the quality of their professional work, with genuine pleasure and zest for the task at hand.
		CBO also collaborates with the management of care institutions.
	www.cbo.nl /english/default_view (191 words)

	Kerry health-costs debate alarms CBO=The Hill.com= (Site not responding. Last check: 2007-10-26)
		A CBO spokeswoman said the agency will not score plans for political purposes and pointed out that the CBO only scores bills that are moving through Congress.
		The CBO is required to score legislation that is approved by congressional committees, and although responding to inquiries from committee chairs is one of its top priorities, sources say the CBO is unlikely to score Kerry’s plan even if a panel head requests it.
		Although Republicans are in the majority, the CBO does not want to get involved in presidential politics, according to sources familiar with how the agency operates.
	www.hillnews.com /news/051904/cbo.aspx (937 words)

	Grim New CBO Long-Term Budget Projections Show Deterioration, Yet Understate Situation
		CBO now projects that federal spending as a percentage of GDP will rise from 20 percent today to almost double that (38 percent) in 2050.
		CBO assumes discretionary spending grows at the rate of inflation, but it is more realistic to assume that it grows in line with population and GDP.
		CBO projects that net interest costs will rise from 1.5 percent of GDP today to 12.4 percent of GDP by 2050.
	www.heritage.org /Research/Budget/wm947.cfm (1054 words)

	CBO releases its budget surplus projections - July 1, 1999
		In its latest survey released Thursday, the Congressional Budget Office (CBO) said that excluding Social Security taxes, federal budget surpluses over the next 10 years will be about $171 billion higher than the agency last projected in April.
		And the CBO projects a $14 billion non-Social Security surplus next year -- twice what the agency estimated in January.
		The CBO credited the surpluses to the strong economy and the revenue it has generated for the government.
	www.cnn.com /ALLPOLITICS/stories/1999/07/01/cbo.surplus/index.html (854 words)

	CBO : Education & training (Site not responding. Last check: 2007-10-26)
		The Quality Academy focuses on propagating and disseminating expertise and experience relating to national and international quality improvement activities in the Netherlands.
		At the heart of these activities is collaboration with professionals, umbrella organizations, educational institutions, and fellow institutions.
		CBO’s expertise enables it to provide meaningful answers to questions from care providers and to questions arising from, and in anticipation of, the latest social developments.
	www.cbo.nl /english/folder20041018115000/folder20030514141647/article20030514141724 (91 words)

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