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New N Korea Sanctions Bill to Cost US $44Mln. - Congressional Budget Office

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.

Don't Repeal Health-Related Taxes

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

Latest CBO Figures Give Incomplete Picture of Health Reform

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

Republicans should use the ACA enrollment bust to offer a better health plan

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 […]

New CBO Report Shows Declining Share of C Corporations

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 Simple Solution to America's Deteriorating Fiscal Outlook

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

Bad news/good news

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 […]

Enrollment growth in Obamacare health insurance slower than expected

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...

The Federal Deficit Is Dead. Long Live The Federal Deficit.

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 [...]

CBO Budget Report: Debt Disaster

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 Deficit Jumps, and a Candidate Hikes…

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

Congressional Budget Office: Deficit to rise to $544B this year; picture worsens over 10 years

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-tri…

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

H-2B Expansion Doubles Down on Successful Border Control Strategy

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

Sorry, GOP: Senate Obamacare 'repeal' does not reduce deficits

2 months agoUS Politics / Liberal : Daily Kos

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

Study Shows How Obamacare Empowers Workers, Right-Wing Media Claim It Proves Their Conspiracy

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

A.M. Links: Trump Refuses to Rule Out 3rd Party Run, Bernie Leads Hillary in New Hampshire, CBO Says Obamacare Will Reduce Workforce by 2 Million Jobs

2 months agoNews : Reason

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

Your Republican Majority: Higher Taxes, Higher Deficits, Higher Spending

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

Fox Revives Debunked Myth That Affordable Care Act Will Destroy 2 Million Jobs

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

When the ACA ends 'job lock,' it's a feature, not a bug

For Republicans, the Congressional Budget Office has said the ACA will cost the economy 2 million jobs, but that's plainly and completely wrong.

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