The new congressional bill to increase sanction on North Korea would cost the United States $44 million over a five year period, the Congressional Budget Office (CBO) stated in a report.
Permanent repeal of three health-related taxes, which last year's budget deal postponed or suspended, would cost the federal government more than $250 billion over the next decade, new Congressional Budget Office (CBO) estimates show...Show More Summary
Some critics cite the Congressional Budget Office (CBO) estimates of enrollment in health reform's marketplaces to argue that health reform is losing momentum, but that's premature. Until next month, when CBO updates its ten-year estimates...Show More Summary
This week the Congressional Budget Office announced as part of its Budget and Economic Outlook (p. 69): On the basis of information about 2015 enrollment and information available as of the end of December 2015 on 2016 enrollment, CBO and the staff of the Joint Committee on Taxation (JCT) estimate that about 11 million people […]
The Congressional Budget Office (CBO) this week released its latest Budget and Economic Outlook, a document that includes projections about the U.S. economy and fiscal situation over the next decade. One interesting prediction highlighted...Show More Summary
The Congressional Budget Office has just released its new 10-year fiscal forecast and the numbers are getting worse. Most people are focusing on the fact that the deficit is rising rather than falling and that annual government borrowing...Show More Summary
A bit of bad news. The CBO has reduced the number of people it projects that will be covered by the PPACA exchanges: The Congressional Budget Office study said that 13 million people are likely to purchase policies through the Affordable Care Act this year, down about 8 million from estimates the agency made early […]
Reflecting slower than anticipated enrollment growth in health insurance purchased through the Affordable Care Act, the nonpartisan Congressional Budget Office has lowered its estimate of how many people will get coverage through the law in 2016. In any given month this year, about 13 million people...
Several hours after I posted this last week saying the federal deficit as an issue was dead, the Congressional Budget Office published this report showing the deficit was about to reverse its multi-year downward course and start back up again. Of course that meant the federal budget trolls came out to [...]
The Congressional Budget Office (CBO) released new projections showing the debt disaster being manufactured in Washington. Federal borrowing from global capital markets is expected to soar from an outstanding $14 trillion this year to $24 trillion by 2026 under the baseline. Every dollar of debt is an added burden on future taxpayers. Show More Summary
The federal budget deficit will rise in 2016, for the first time in six years. The Congressional Budget Office’s summary of its annual report shares the details. The CBO projects a deficit of $544 billion, an increase of $105 billion over last year. Show More Summary
WASHINGTON (AP) — Congressional Budget Office: Deficit to rise to $544B this year; picture worsens over 10 years.
ACCORDING TO THE NONPARTISAN CONGRESSIONAL BUDGET OFFICE, Bill gutting ObamaCare would save half-trillion over a decade, CBO finds. “Legislation to gut most of ObamaCare’s mandates and taxes, known as Restoring Americans’ HealthcareShow More Summary
The recent Omnibus increased H-2B visas for seasonal non-agricultural workers by not counting some renewals against the annual cap of 66,000. Numerical estimates of the increase vary widely but the Congressional Budget Office estimated...Show More Summary
From the very beginning of the debate over health care reform, the nonpartisan Congressional Budget Office (CBO) has delivered the same two messages to congressional lawmakers. First, over a 10-year time frame, the Affordable Care Act—aka Obamacare—reduces the national debt. Show More Summary
For two consecutive years, the Congressional Budget Office (CBO) has published an estimate of how many workers will choose to leave the workforce or reduce their work hours as a result of certain protections and subsidies created by the Affordable Care Act (ACA). Show More Summary
Donald Trump is refusing to rule out a third-party presidential run. According to a new poll, Bernie Sanders is now beating Hillary Clinton by 10 points in New Hampshire. A new report from the Congressional Budget Office estimates that...Show More Summary
The Congressional Budget Office has released its numbers for the first two months of the 2016 fiscal year and... well, it's less than ideal. The government spent more in October and November of 2015 than it did in October and November of 2014 - when the Democrats still had control of the Senate. Show More Summary
A segment on Fox News' Special Report with Bret Baier attacked the Affordable Care Act (ACA) by falsely claiming that a study from the Congressional Budget Office (CBO) found that the healthcare law hurt the economy by reducing jobs....Show More Summary
For Republicans, the Congressional Budget Office has said the ACA will cost the economy 2 million jobs, but that's plainly and completely wrong.