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Posts related to ‘Congressional Budget Office’

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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West side view of the United States Capitol building.

CBO Puts Debt Ceiling Top in March: A False Sense of Security

Posted: November 30, 2012 at 6:29 am

The independent Congressional Budget Office issued its new estimate of when the federal government will reach its debt ceiling -- late February or early March. In its "Federal Debt and ...
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US Budget Deficit Lower, But ‘Fiscal Cliff’ Looms

Posted: August 22, 2012 at 11:31 am

According to the latest data from the Congressional Budget Office (CBO), the US budget deficit for the fiscal year ending September 30th is now forecast at $1.1 trillion. That’s lower ...
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Fed Budget Deficit Lower This Year

Posted: August 7, 2012 at 3:35 pm

The Congressional Budget Office (CBO) released its latest Monthly Budget Review today saying that the federal deficit for the first 10 months of fiscal year 2012 (ending in September) will ...
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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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Nine Reasons The Economy Will Soar By 2020

Posted: October 24, 2011 at 3:38 am

No one can predict the future with absolute certainty but many make educated projections. 24/7 Wall St. has reviewed long-term economic forecasts issued by the government, financial analysts, and academics. ...
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The Countries Where Old Age Costs The Most

Posted: March 18, 2011 at 5:52 am

One of the most significant financial problems that countries will face in the coming decades is the amount they will spend to support the elderly. This will be exacerbated by ...
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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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Why Asking For Higher Taxes Is Patriotic

Posted: November 22, 2010 at 3:10 pm

Is it patriotic for a group of 45 millionaires to petition the government to raise their taxes?  You betcha. In fact, Patriotic Millionaires for Fiscal Strength are willing to sacrifice ...
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Down-And-Out In America — 2010 Style

Posted: September 16, 2010 at 4:31 pm

The news today from the Census Bureau was awful. As the U.S. grapples with the worst economic downturn since the Great Depression,  more people must struggle to sustain themselves.   About ...
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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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Why Did Lehman Die and AIG Live?

Posted: September 2, 2010 at 12:52 pm

When historians write the definitive account of the Great Recession in coming decades, one of the major questions they will tackle is why the government decided to allow Lehman Brothers ...
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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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