CBO’s Projections of Federal Health Care Spending

Senator Whitehouse asked the Congressional Budget Office to gauge the accuracy of its projections of federal health care spending over time. In particular, he would like information about several aspects of the agency’s work: how CBO’s 2010 projections compare with actual spending and the agency’s current baseline; why the 2010 projections overestimated or underestimated actual spending; how health outcomes and spending on health care in the United States compare with those measures in other countries; and how CBO incorporates past...