Republicans are catching flak for trying to rush through the Graham-Cassidy bill before getting a score from the Congressional Budget Office. But really, what’s to learn? We already know that any bill that abolishes the individual mandate,...Show More Summary
Congressional Budget Office, An Analysis of Corporate Inversions (Sept. 18, 2017): U.S. multinational corporations—businesses incorporated and operating in the United States that also maintain operations in other countries—can use a variety of strategies to change how and where their income is taxed. One such strategy is a corporate inversion, which...
As Senate Republicans push their latest Obamacare repeal bill toward a quick vote, congressional Democrats are asking the Congressional Budget Office to offer the public “a full understanding of the impact this legislation would have on hard-working families.” House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer, joined by Rep. Show More Summary
Lawmakers on Capitol Hill are pushing for a fast analysis of Republicans' latest attempt to repeal and replace the Affordable Care Act. In a letter to the Congressional Budget Office (CBO) on Monday, Senate Minority Leader Chuck Schumer...Show More Summary
Campaign Action The Congressional Budget Office has a new report on federal subsidies of health insurance under the Affordable Care Act, and it's not good news for people with Obamacare. Or tax payers. Or Republicans. The CBO plainly...Show More Summary
Throughout Republicans’ doomed push to replace Obamacare, two words struck fear into their hearts: “CBO score.” No matter how much momentum the GOP built up for an updated bill, the Congressional Budget Office would project tens of millions of newly uninsured people and skyrocketing health-care costs, and Republicans would be on the defensive again. Democrats would express […]
The Congressional Budget Office's review of potential Trump sabotage presented less dire news than Trump has been counting on should he decide to halt cost-sharing reduction payments to insurance companies on the Affordable Care ActShow More Summary
The nonpartisan Congressional Budget Office has run the numbers on President Trump’s threat to end ObamaCare payments. Premiums could rise by 20 percent as a result.
The non-partisan Congressional Budget Office released a report on Tuesday evaluating the potential impact of the Trump administration making good on a repeated threat to cut off Obamacare's cost-sharing reduction (CSR) payments to insurers. Show More Summary
Members of Trump's diversity council call for Steve Bannon to resign following events in Charlottesville. The Congressional Budget Office warns that premiums could rise by 20 percent if Trump follows through on his threat to cut subsidies. Show More Summary
The Congressional Budget Office weighed in Tuesday with an other of its long-awaited analyses of aspects of repealing or tinkering with the Affordable Care Act. This time the topic is the ACA’s cost-sharing reduction subsidies, which reduce deductibles and co-pays for the lowest-income buyers of...
At the request of House Democrats, the Congressional Budget Office has released its analysis of the costs of Trump's Obamacare sabotage. Specifically, it analyzes what will probably happen if the Trump administration stops paying cost-sharing reduction payments to health insurers. Show More Summary
At the request of Nancy Pelosi, the Congressional Budget Office has just released a study intended to better understand the potential economic impacts that would result from the cancellation of taxpayer funded Obamacare subsidies (a.k.a. Show More Summary
The Congressional Budget Office released yet another damning health care report on Tuesday that spells trouble for one of President Donald Trump’s proposals for Obamacare. The CBO says that if Trump follows through on his threats to tank Obamacare through executive action, premiums will jump an extra 20 percent next year and the federal deficit […]
The Congressional Budget Office released its report on the impact of President Donald Trump ending Obamacare's cost-sharing reduction (CSR) payments on Tuesday. CSR payments help to offset the cost to insurers that offer plans with low...Show More Summary
This likely will put more pressure on congressional Republicans to face down popular vote loser Donald Trump and work with Democrats to stabilize Obamacare's insurance markets—the Congressional Budget Office is about to weigh in on what...Show More Summary
This year’s health-care debate has launched, or at least reawakened, a related argument about the work of the Congressional Budget Office. Republicans have found themselves very frustrated with CBO’s health-economy model, and especially...Show More Summary
Rudy Penner, the former director of the Congressional Budget Office and the person described by MarketNews international as "one of Washington's most respected fiscal policy experts", told MNI Wednesday in an exclusive interview that...Show More Summary
Sen. Mike Lee (R-UT), best known as Ted Cruz's (R-TX) sidekick, just can't let go of his hurt feelings over the reliably disastrous scores the Congressional Budget Office gave the various iterations of Trumpcare. He's taking his war on nonpartisan, reality-based economic projections to the Senate floor, and op-ed pages. Show More Summary
The Trump administration (I won't say "Donald Trump", because I am not convinced that Donald Trump knows what the Congressional Budget Office is) wants people to take on the CBO's projections that real GDP growth is likely to average a hair less than 2 percent per year. Show More Summary