Topic - Congressional Budget Office

Subscribe to this topic via RSS or ATOM

Coburn urges parties to return convention funds
Sen. Tom Coburn on Thursday urged both national parties to voluntarily return millions of taxpayer dollars they received to fund their nominating conventions, saying Democrats and the GOP should show leadership in reducing the federal deficit.
FEULNER: After Obamacare
Who should be in charge of your health care - you, or the government? That, in a nutshell, is what the debate over Obamacare is about.
Deficit streak ends: Obama sees first monthly surplus
The federal government broke its record deficit streak in April, notching its first monthly surplus since the end of the Bush administration, according to preliminary estimates released Monday.
GOP plan boosts Pentagon, cuts social programs
The Republicans who control the House are using cuts to food aid, health care and social services like Meals on Wheels to protect the Pentagon from a crippling wave of budget cuts come January.
EDITORIAL: More phony job numbers
The White House crowed on Friday about the unemployment rate dropping a 10th of a percent. At the same time, the number of people out of the labor force reached a record high. The Obama administration can report all the funny numbers it wants, but the American people know in their guts that things are getting much worse.
YOUNG: Backdraft of overdrafts
Washington's sole fiscal break, historically low interest rates, will soon end. When they do, higher debt-service costs will act like oxygen to the current conflagration of conflated debt. If you thought the budget blaze is hot now, wait and feel what is coming.
DRIESSEN: Folly and immorality of E15
As if E10 ethanol mandates aren't folly enough, the Environmental Protection Agency (EPA) will now permit ethanol manufac- turers to register as E15 gasoline suppliers.
ATLAS: Obama policies threaten the most vulnerable
Choice is a word that generates powerful emotions, especially in America, and most notably when it concerns the freedom to choose in extremely personal settings, such as health care. This specific issue, choice in health care, is a fitting centerpiece of the presidential campaign because Obamacare in many ways directly restricts choices.
GOODMAN: Bernie Madoff accounting for Medicare
On the eve of the release of this year's Medicare Trustees Report, the Obama administration presented its own version.
Congress begins uphill battle to approve farm bill
The Senate has begun laying the groundwork for a half-trillion-dollar farm and food bill that would end unconditional subsidies to farmers, but House Republicans' resolve to cut its biggest component — food stamps — by $13 billion a year dims its prospects of passing Congress.
LAMBRO: Running on the low road
It should be clear by now that Barack Obama will not be running for a second term based on his record over the past four years. After presiding over the weakest economic recovery since the Great Depression, with a wreckage of still-high unemployment, reduced incomes, increased poverty and continuing home foreclosures in his wake, Mr. Obama's re-election campaign won't be running "morning in America" ads this year.
Report: Health care law may grow deficit $540B
Stirring up an old fight over whether President Obama's health care overhaul will ease or exacerbate the government's deficit, a Republican expert on benefit programs said Tuesday that the law will add billions more to the debt than projected.
BLAHOUS: Health care law cripples U.S. finances
One of the motivating principles underlying the passage of comprehensive health care reform was that it would substantially improve the federal fiscal outlook. But many are skeptical of claims that the law, known as the Affordable Care Act, or ACA, will simultaneously extend the solvency of Medicare, provide subsidized health coverage to more than 30 million new people and yet somehow reduce federal deficits.
Report: Obamacare mandate isn't really an issue
It's been squarely at the center of the policy and constitutional debates over President Obama's health care law, but some are arguing that the mandate to buy health insurance — and the penalties for people who don't — aren't hefty enough to matter in the real world anyway.
Government records 40th straight deficit month in March
The federal government ran a $777 billion deficit for the first six months of fiscal year 2012, the Congressional Budget Office estimated on Friday, including a $196 billion hole in March, marking the 40th straight month of deficits.