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Posts related to ‘CBO’

West side view of the United States Capitol building.

Federal Deficit to Fall Below $1 Trillion: CBO

Posted: February 5, 2013 at 2:00 pm

The Congressional Budget Office (CBO) today released its budget and economic outlook through 2023, saying that the federal deficit for fiscal year 2013 (ending in September) will shrink to $845 ...
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What’s New in the Financial World (11/29/2012)

Posted: November 29, 2012 at 6:37 am

Germany Unemployment Rises Again Germany's unemployment rose again and now has been up for eight consecutive months. Once again, evidence points to Germany's inability to isolate itself from the European recession. ...
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CBO: Supreme Court Decision Could Cost Millions Their Health Care

Posted: July 25, 2012 at 6:16 am

The Congressional Budget Office issued a report about the effects of the Supreme Court decision on the Affordable Care Act. Its conclusion is that 3 million people who would have had ...
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The CBO’s “Perfect Storm” Recession Looks Like EU Austerity

Posted: May 23, 2012 at 6:33 am

The Congressional Budget Office reports that the U.S. economy could nosedive in the first half of 2013 -- unless Congress and the White House keep taxes low and do not cut ...
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The Congressional Budget Office Misplaces Two Million Jobs

Posted: February 24, 2011 at 5:13 am

The Congressional Budget Office is supposed to issue a quarterly report on the American Recovery and Reinvestment Act which is the centerpiece of the Administration's efforts to right the economy. ...
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Media Digest 1.27.2011 Reuters, WSJ, NYT, FT, Bloomberg

Posted: January 27, 2011 at 4:10 am

Microsoft's (NASDAQ: MSFT) earnings will be hurt by slowing PC sales .(Reuters) Fannie Mae and Freddie Mac want to cut the dividend on their preferred shares. The money goes to ...
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Obama’s Sole Victory: Unemployment Benefits

Posted: December 7, 2010 at 5:53 am

Barack Obama lost most of his arguments with Republicans about extending  the Bush tax cuts. The old tax system will be extended for two years. Payroll taxes will be lowered ...
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The Ten Things The Government Could Do To Cut Unemployment In Half

Posted: September 3, 2010 at 8:31 am

Unemployment, according to a number of government officials and economists, has become intractable and the August jobless rate hit 9.6% as non-farm payrolls dropped 54,000. That cannot be said about ...
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CBO: Stimulus Package Adds Up to Artificial GDP Improvement

Posted: August 24, 2010 at 3:44 pm

The Congressional Budget Office says that in the second quarter the effects of $787 billion package added 1.7% to 4.5% in GDP, cut the unemployment rate by .7 to 1.8 ...
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Media Digest (8/20/2010)

Posted: August 20, 2010 at 4:04 am

Reuters:   Korean National Oil made a bid for UK firm Dana Petroleum Reuters:   Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) shares dropped on concern about a tech slowdown. Reuters:   Potash ...
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CBO: Deficit Will Be Huge But Not Massive

Posted: August 19, 2010 at 10:34 am

The Congressional Budget Office (CBO) estimates that the federal budget deficit for 2010 will exceed $1.3 trillion—$71 billion below last year's total and $27 billion lower than the amount that ...
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