Long-term Budgetary Pressures and Policy Options

Long-term Budgetary Pressures and Policy Options PDF Author: United States. Congressional Budget Office
Publisher: U.S. Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

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Long-term Budgetary Pressures and Policy Options

Long-term Budgetary Pressures and Policy Options PDF Author: United States. Congressional Budget Office
Publisher: U.S. Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

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Book Description


Long-term Budgetary Pressures and Policy Options

Long-term Budgetary Pressures and Policy Options PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 53

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Long-Term Budgetary Pressures and Policy Options

Long-Term Budgetary Pressures and Policy Options PDF Author: Congressional budget office (u s congress) washington dc
Publisher:
ISBN:
Category :
Languages : en
Pages : 82

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Book Description
The large baby boom generation will begin to retire in about 10 years, and as the demographic structure of the population changes, federal revenues will grow more slowly and outlays for Social Security, Medicare, and Medicaid will rise. Moreover, because spending per enrollee in Medicare and Medicaid is expected to climb faster than the average wage, the share of income spent on those programs will increase even without any change in demography. Because of those pressures, the Congressional Budget Office (CBO) projects that deficits will reemerge and grow in the years after 2008 unless current policies are changed. The long term deficit problem could be resolved by many combinations of spending reductions and tax increases. This report focuses on Social Security and Medicare because those programs are so large and so directly affected by the aging of the population. The approaches discussed illustrate the types of steps that could be taken to slow the growth in spending on those programs. The analysis shows how combinations of those options would reduce the size of the long term fiscal imbalance. Although it will be difficult to limit spending on entitlements for the elderly in the face of the projected increase in the number of people eligible for them, doing so will confer substantial gains on the economy.

Long-Term Budgetary Pressures and Policy Options

Long-Term Budgetary Pressures and Policy Options PDF Author: Douglas Hamilton
Publisher:
ISBN: 9780788144820
Category :
Languages : en
Pages : 53

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Book Description
The 10-year time frame used to prepare budget projections is not sufficient to show the dramatic effects on the Federal budget of the projected long-term demographic changes in the U.S. population. This report takes into account the improvement in the near-term budgetary outlook and other developments. It also examines the potential long-term budgetary impacts of enacting the various Social Security and Medicare options. Contents: the long-term budget outlook; slowing the growth in Social Security and Medicare; and the long-term budgetary impact of controlling the growth of Social Security and Medicare. Charts and tables.

Long-term Budgetary Pressures and Policy Options

Long-term Budgetary Pressures and Policy Options PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 67

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Long-term Budgetary Pressures and Policy Options

Long-term Budgetary Pressures and Policy Options PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages :

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Long-term budgetary pressures and policy options

Long-term budgetary pressures and policy options PDF Author: Estados Unidos. Congreso
Publisher:
ISBN:
Category :
Languages : es
Pages : 53

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Guidelines for Public Expenditure Management

Guidelines for Public Expenditure Management PDF Author: Mr.Jack Diamond
Publisher: International Monetary Fund
ISBN: 9781557757876
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

The Long-term Budget Outlook

The Long-term Budget Outlook PDF Author:
Publisher:
ISBN:
Category : Aging
Languages : en
Pages : 76

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Book Description
"This Congressional Budget Office (CBO) report extends previous long-term analyses by CBO, examining pressures on the federal budget over the coming decades and the kinds of policy choices that lawmakers face as they consider ways to alleviate those pressures. If current policies continue, rapidly rising health care costs and an aging population will sharply increase federal spending for entitlement programs, such as Social Security, Medicare, and Medicaid. This report presents illustrative scenarios for federal spending and revenues through 2050 and describes the implications of those scenarios for the economy. In accordance with CBO's mandate to provide objective and impartial analysis, this document contains no recommendations"--Preface.

Long-Term Budgetary Pressures and Policy Options, May 1998

Long-Term Budgetary Pressures and Policy Options, May 1998 PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category :
Languages : en
Pages :

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