In March 2010, the Congress passed and the President signed into law legislation that makes major changes to the U.S. health care and health insurance systems. That legislation came in two parts: the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act...

Wages are a key component of the overall economic well-being of individuals and families. Hourly wages and hours worked determine an individual's earnings, and for most nonelderly adults, earnings constitute the bulk of their family's income. This CBO study documents changes in the level and...

Most Medicare demonstrations aimed at improving care delivery have not reduced federal spending, but they offer lessons for such demonstrations in the future. The study examines 10 major demonstrations that have been reviewed by independent researchers.

The Congress directed CBO to review the modeling techniques that the military services use to generate their budget request for activities associated with operational readiness.

Sixteen laws enacted in 2014 contain intergovernmental mandates and 26 contain private-sector mandates. Of the 539 bills that CBO analyzed in 2014, 47 contained intergovernmental mandates and 75 contained private-sector mandates.

Each year, even when the economy is growing, millions of people lose a job for reasons other than poor performance or misconduct. The ability of employers to quickly adjust the size of their workforces in response to changes in demand is generally considered a source of strength for the U.S....