ABSTRACT

Letter from CBO Director Douglas W. Elmendorf to the Honorable Paul Ryan Regarding [Federal Spending and Average Annual Growth Rates for the Federal Government's Major Mandatory Spending Programs that Are Primarily Means-Tested] [March 5, 2013]   [open pdf - 66KB]

From the Letter: "As you requested, enclosed are two tables that show federal spending and average annual growth rates for the federal government's major mandatory spending programs that are primarily means-tested (that is, programs and tax credits that provide cash payments or assistance in obtaining health care, food, or education to people with relatively low income or few assets). Table 1 shows CBO's baseline projections for the 2013--2023 period; Table 2 shows historical spending data from 2003 through 2012, along with CBO's estimates for 2013. Those means-tested programs include all of the mandatory programs that were highlighted in CBO's recent report on means-tested spending, 'Growth in Means-Tested Programs and Tax Credits for Low-Income Households' (February 2013). In addition we have included some smaller mandatory means-tested programs that were not discussed in that report: the Children's Health Insurance Program (CHIP), veterans' pensions, foster care payments, and additional programs in the family support category. The tables do not include data on mandatory programs that are mostly not means-tested, but that have components that are means-tested (for example, student loans and some portions of Medicare, other than low-income subsidies for Part D.) They also do not include means-tested programs that are discretionary (for example, the Section 8 housing assistance programs and the Low Income Home Energy Assistance Program)."

Author:
Publisher:
Date:
2013-03-05
Copyright:
Public Domain
Retrieved From:
United States. Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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