Post Profile

CBO Says U.S. Economy Will Fall Off A Cliff If Bush Tax Cuts Not Extended

A new study was released today by the Congressional Budget Office.  It contained recommendations for safeguarding the US economy and said specifically that if the Bush tax cuts are allowed to expire or automatic spending cuts are triggered next year the U.S. economy will likely plunge into recession. The Congressional Budget Office report also says [...] CBO Says U.S. Economy Will Fall Off
read more


Related Posts

CBO: We’ll only have giant deficits if Congress wants giant deficits

Business & Finance : Ezra Klein

The Congressional Budget Office just released the latest edition of its long-term budget outlook (pdf), and it shows the same thing as always: If Congress lets the Bush tax cuts expire or offsets their extension, implements the Affo...

Goldman Sachs: Whatever you do, Congress, don’t let the payroll tax cut expire

Business & Finance : Ezra Klein

The Congressional Budget Office has been warning for months that allowing the United States to go over the “fiscal cliff” would endanger the economic recovery. It estimates that the combination of the expiration of the Bush tax cuts...

CBO: Letting upper-income tax cuts expire would barely hurt economy

Business & Finance : Ezra Klein

Today the Congressional Budget Office released its most detailed report yet on the fiscal cliff, showing exactly what each component will do to the deficit and the economy. Here's the key graph: The above shows how big each policy i...

Fiscal Cliff: CBO Says Bush Tax Cut Expiration = $500 Billion Tax Hike = Recession

US Politics / Conservative : Say Anything Blog

The Congressional Budget Office reported yesterday that allowing the Bush Tax Rate Cuts to expire at the end of this year along with the AMT “Fix”, and the previously agreed sequesters to take effect will result in another recession...

CBO The Damage To The US Economy If We Fly Off The Fiscal Cliff

Business & Finance : Business Insider: Clusterstock

The U.S. will fall into recession in 2013 if federal spending cuts and tax hikes are automatically put in place, the Congressional Budget Office says in a new report today. Below, key highlights from the new CBO report. Economic Out...


Copyright © 2016 Regator, LLC