Congressional Budget Office
Source: ThinkstockFor decades, economists have counted 5% unemployment as the sign of a healthy and fully recovered economy. The U.S. jobless rate remains so far from that number, one could fairly...
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The U.S. Congressional Budget Office now estimates that the federal budget deficit in fiscal year 2014 will total less than half the $1.4 trillion federal deficit in 2009. Federal revenues are...
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Source: ThinkstockThe Congressional Budget Office (CBO) reports that it is this simple: the cancellation of the automatic spending reductions specified by the Budget Control Act of 2011, or...
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Source: thinkstockMost federal debt and deficit forecasts, whether from the White House Office of Management and Budget or the Congressional Budget Office, show America’s situation as greatly...
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Source: Jon OggWe now have the Congressional Budget Office’s projection for what the cost, benefit, and impacts would be for the current immigration bill under proposal. The Senate bill S. 744 is...
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Source: ThinkstockThe 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...
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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 the...
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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 than the...
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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 be $975...
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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 health...
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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...
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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 increased debt-to-GDP...
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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...
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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 their own...
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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 54...
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