Presentation by Matthew Goldberg, Deputy Assistant Director for CBO’s National Security Division, at the Vision Strategic Planning Forum. The Department of Defense’s estimates of the costs of the 2016 Future Years Defense Program (FYDP) exceed limits set forth in the Budget Control Act of 2011 by a total of $107 billion (in 2016 dollars) from 2017 to 2020. CBO projects a steep increase in acquisition costs starting in 2021, suggesting that weapons development and procurement is being deferred until beyond the FYDP period.
Presentation by Sarah Puro, Principal Analyst in CBO’s Budget Analysis Division, at the Annual Conference of the National Federation of Municipal Analysts. The Fixing America’s Surface Transportation Act, which was signed into law on December 4, 2015, provided $281 billion in contract authority for surface transportation programs through 2020. But projected spending from the Highway Trust Fund exceeds its revenues. Under current law, CBO estimates that the Highway Account of the Highway Trust Fund will be able to meet obligations through 2021 and the Transit Account through 2020. Some proposals involve establishing a new entity to finance infrastructure investments. However, even if such an entity is not officially a federal agency, its activity might be considered part of the federal budget.
The document summarizes a presentation given by James Baumgardner from the Congressional Budget Office at the 2015 Health Care Forecast Conference. It discusses CBO analyses and projections regarding premium support options in Medicare, federal budget and deficit projections, the long-term budget outlook, and the impact of various policy alternatives on spending and debt levels. The slides analyze factors like the aging population, rising health care costs, and the timing and scale of policy changes needed to control the growth of federal debt.
Presentation on Capitol Hill in a Panel Discussion with Local Leaders, by Sarah Puro, Principal Analyst, Budget Analysis Division, Congressional Budget Office