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CBO: GOP Tax Plan Cuts $25 Billion from Medicare

If the House GOP tax plan passes, it is projected to cut revenue significantly, likely increasing the deficit by $1.456 trillion from 2018 to 2027, according to the Joint Committee on Taxation and Congressional Budget Office (CBO). With...Show More Summary

The CBO Takes Another Look at the Mandate and Deficit

The Congressional Budget Office released its updated estimate on the effects of repealing the ACA’s individual mandate last night. Its differences from the previous report, issued in December, have raised eyebrows as they show a smaller...Show More Summary

Monkey business at the CBO?

(Paul Mirengoff) The mainstream media almost never mentions the Congressional Budget Office without adding the adjective “non-partisan.” But the CBS is staffed by folks who, in real life, are probably partisan. And given the pool from which its staff is drawn, most very likely are partisan Democrats. Show More Summary

Repeal of individual mandate would increase uninsured, premiums: CBO

last weekNews : The Raw Story

The Congressional Budget Office said on Wednesday that repealing the Obamacare individual mandate would increase the number of uninsured by 13 million by 2027 and reduce the federal budget deficit less than initially forecast. The CBO, the nonpartisan budget-scoring agency, said that eliminating...

GOP Tax Plan Would Add $1 Trillion To National Debt, CBO Estimates

The House Republican tax reform plan would add $1.7 trillion to the U.S. national debt, according to the Congressional Budget Office.

CBO revises deficit estimate from Obamacare individual mandate repeal

WASHINGTON, Nov 8 (Reuters) - The Congressional Budget Office on Wednesday said that repealing the individual mandate for health insurance would reduce the federal budget deficit less than first forecast as it readied a revised analysis of a policy shift favored by Republicans. Show More Summary

CBO report: Nuclear arsenal plans have a $1.2 trillion price tag

The Congressional Budget Office says about $400 billion of that will go toward modernization. Video provided by Newsy        

Modernizing America's Nuclear Arsenal May Not Be as Expensive as You Think

Matthew R. Costlow Security, North America A new Congressional Budget Office report sheds light on the issue. A recent CBO report takes on the commonly-heard myths of nuclear modernization in the United States. The Congressional Budget...Show More Summary

US nuclear arsenal to cost $1.2 trillion over next 30 years: CBO

2 weeks agoNews : The Raw Story

Modernizing and maintaining the U.S. nuclear arsenal over the next 30 years will cost more than $1.2 trillion, according to a report released on Tuesday by the Congressional Budget Office. The report said current plans for the modernization of the aging planes, ships and missile silos that make up...

CBO says $1.2 trillion needed for nuclear weapons overhaul

The Congressional Budget Office on Tuesday put a $1.2 trillion price tag on a long-term plan to modernize the U.S. nuclear arsenal that President Donald Trump inherited from the Obama … Click to Continue »

The Alexander-Murray bill does not solve all Obamacare’s problems

ON OCTOBER 25th the Congressional Budget Office (CBO) released its score of the Bipartisan Health Care Stabilisation Act, the cross-party effort by two senators, Lamar Alexander of Tennessee and Patty Murray of Washington, to shore up troubled health-insurance markets.

On health care, Sen. Lamar Alexander got what no other Republican has

Each Republican health-care plan has been eviscerated by the Congressional Budget Office (CBO), which exposed huge tax cuts for the rich, loss of health-care coverage for tens of millions of Americans and increased premiums for older, more rural Americans. Finally, a Republican has gotten a boost from the CBO. Sens. Lamar Alexander (R-Tenn.) and Patty […]

CBO: Bipartisan Obamacare fix would reduce deficit

Campaign Action Oh, hey. A healthcare bill has gotten a good report from the Congressional Budget Office—quite a novelty here in 2017. And look, it’s the bipartisan effort to stabilize the Obamacare markets! A bipartisan deal to shore...Show More Summary

CBO: Congress waited too long to avoid Obamacare premium increases for 2018

There’s good news and bad news in the Congressional Budget Office’s analysis of the bipartisan Senate deal to save some Obamacare provisions from President Trump and his wrecking crew. The good news is that the so-called Alexander-Murray compromise, named after its godparents, Sens. Lamar Alexander...

CBO: Federal budget deficit rises to $668 billion

WASHINGTON (AP) — The federal government ran a $668 billion budget deficit for the just-completed 2017 fiscal year. That's $82 billion more red ink than the government produced last year. The Congressional Budget Office based its findings...Show More Summary

What's that we hear from GOP deficit hawks on Trump's lavish tax plan: Crickets

2 months agoUS Politics / Liberal : Daily Kos

When George W. Bush proposed a major $1.6 trillion tax cut in 2001, the Congressional Budget Office (CBO) was projecting a 5.6 trillion budget surplus over the next decade. Fast forward to Donald Trump's plan for a sweeping $1.5 trillion...Show More Summary

There's No Use Waiting for the CBO

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

CBO: An Analysis of Corporate Inversions

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...

Democrats demand full CBO score on latest Republican healthcare repeal bill

2 months agoUS Politics / Liberal : Daily Kos

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 want an official analysis of the latest attempt to repeal Obamacare — and fast

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

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