Tag Archives: congressional budget office

Mitt Romney Budget Cuts Would Have Severe Consequences – Huffington Post

Estimates by the nonpartisan Congressional Budget Office put current government spending … annual appropriations bills was already cut greatly in last year’s deal to raise the government’s borrowing limit. At issue are these programs, just … Inflation Policy News Link

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U.S. budget deficit hits record high for March – Lubbock Avalanche-Journal

The Congressional Budget Office forecasts a deficit of $ 1.17 trillion … Democrats and Republicans are offering voters stark choices on how they would deal with the country’s budget problems. The budget approved by the House late last month … … Continue reading

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Steny Hoyer’s hope: Election-year debt deal – Politico.com

Hoyer noted that the Congressional Budget Office has depicted an “alarming future” in its long-term fiscal outlook, where the United States’ external debt-to-GDP ratio rises from the current 70 percent to 190 percent by 2035. “Greece is not at that … Continue reading

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Congress passes payroll tax cut deal – CNN

According to the nonpartisan Congressional Budget Office, the agreement would increase the … games would stop and we would get this worked out.” “It’s the art of a deal. I mean, it’s a compromise,” Rep. Steve Latourette, R-Ohio, said earlier … Continue reading

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CBO Baseline Budget Outlook Shows Dismal State of U.S. Finances – The Heritage Foundation

The Congressional Budget Office (CBO) released its baseline budget outlook … Three that are especially apparent deal with the definition of the baseline itself, the economic forecast for the alternative baseline, and the production of the alternative … Inflation Policy … Continue reading

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Rep. Thornberry Predicts Congress Will Void First Batch of DOD Cuts – US News and World Report

Without such a deal, the defense cuts—and an equal amount of other … He was referring to the health care reform law Obama pushed through Congress in 2010, which the Congressional Budget Office has said could cost more than $ … Continue reading

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Congressional Budget Experts Say Deficit Deal Unlikely – Portfolio.com

Two out of three former directors of the Congressional Budget Office agree: A special deficit reduction committee probably will fall short of the $ 1.2 trillion in cuts mandated by Congress. At least that was the case at a panel … Continue reading

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Why Repealing Obamacare Will Reduce the Deficit – Forbes (blog)

Why Repealing Obamacare Will Reduce the DeficitForbes (blog)In January, after the Congressional Budget Office estimated that repealing Obamacare would increase the deficit by $145 billion from 2012-2019, there was a considerable back and forth among health policy wonks as to … Continue reading

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