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Congressional Budget Office

House GOP Tries to Raise Money Off Opposing Economic Help for Everyone Else

Bill Scher | Posted 03.01.2009 | Politics

Read More: Tax Cuts, American Recovery and Reinvestment Act, Stimulus, Economy, Congress Stimulus, U.S. Economy, Congress, Republicans Stimulus, Obama Stimulus, Economic Crisis, Obama Economy, Congressional Budget Office, Obama Stimulus Plan, Economic Stimulus Package, Gop Stimulus, Economic Stimulus, Politics News
Bill Scher

Republicans still have done nothing to accept responsibility for their own conservative failures. Their proposed alternative is literally more of the same Bush tax cuts that helped create the current mess.

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Just When You Think You Can't Be Shocked By GOP Hypocrisy

Mark Nickolas | Posted 03.01.2009 | Politics

Read More: Republican House Leadership, Economic Stimulus Package, Hypocrisy, Republican Hypocrisy, Economic Stimulus, Stimulus Bill, Eric Cantor, Barack Obama, House Republicans, Partisan Politics, Political Base, Congress Stimulus, U.S. Economy, Congress, Republicans Stimulus, Obama Stimulus, Economy, Economic Crisis, Obama Economy, Stimulus, Congressional Budget Office, Obama Stimulus Plan, Gop Stimulus, Politics News
Mark Nickolas

The same political Neanderthals that helped execute their disastrous strategy of the last two election cycles are still firmly in control of House Republicans.

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Rethinking the Stimulus

Harry Moroz | Posted 03.01.2009 | Politics

Read More: Infrastructure, Unemployment, John Boehner, Congressional Budget Office, Unemployment Insurance, Economic Recovery, Stimulus, Health Insurance, Tax Cuts, Congress Stimulus, U.S. Economy, Republicans Stimulus, Obama Stimulus, Economy, Economic Crisis, Obama Economy, Obama Stimulus Plan, Economic Stimulus Package, Gop Stimulus, Economic Stimulus, POST-STIMULUS VOTE Congress, Politics News
Harry Moroz

Measures included in the stimulus bill should be the beginnings of a new policy regime that works to include more Americans in the middle class, not a passing reprieve in a time of economic gloom.

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Republicans in the House Are Behaving Like the Collapse of Bush's Policies Never Happened

Mitchell Bard | Posted 03.01.2009 | Politics

Read More: Wealth Redistribution, Meet the Press, Bush Administration, Digital Television Conversion, Economic Stimulus Package, George W. Bush, Tax Cuts, Bush Failure Economy, Economists, Bipartisanship, David Bonior, House Republicans, Barack Obama, Republicans, Congress Stimulus, U.S. Economy, Congress, Obama Stimulus, Economy, Economic Crisis, Obama Economy, Stimulus, Congressional Budget Office, Obama Stimulus Plan, Gop Stimulus, Economic Stimulus, Republicans Stimulus, Politics News
Mitchell Bard

While Republicans are free to oppose Obama's solutions to the financial mess if they think they have better ideas, merely advocating the old failed policies should not be tolerated.

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So Now They're Fiscal Conservatives

Hale "Bonddad" Stewart | Posted 03.01.2009 | Politics

Read More: Congress Stimulus, U.S. Economy, Obama Stimulus Plan, Congress, Economic Stimulus Package, Obama Stimulus, Economy, Economic Crisis, Economic Stimulus, Obama Economy, Congressional Budget Office, Stimulus, Politics News
Hale

The government is the only economic player right now. Yet -- according to Republican economic philosophy -- this is the time to become fiscal conservatives. Please.

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Obama Versus the Republicans: Chill Out, He's Got This

Bob Cesca | Posted 02.28.2009 | Politics

Read More: American Recovery and Reinvestment Act, Democrat, Economic Stimulus Package, Rush Limbaugh, Senate Republicans, Birth Control, Drudge, Mike Pence, Sarah Palin, Barack Obama, House Republicans, Economy, Republicans, Congress Stimulus, U.S. Economy, Obama Stimulus, Economic Crisis, Obama Economy, Stimulus, Congressional Budget Office, Obama Stimulus Plan, STIMULUS Congress, Economic Stimulus, Politics News
Bob Cesca

The people who got everything wrong for at least the last eight years and then spent the better part of the week spreading misinformation are demanding to be taken seriously? That's rich.

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Stimulus and Energy

T. Boone Pickens | Posted 02.28.2009 | Green

Read More: Energy, Russia, U.S. Economy, Congress Stimulus, Congress, T. Boone Pickens, Obama Stimulus, Opec, Economy, Economic Crisis, Clean Energy, Obama Economy, Congressional Budget Office, Stimulus, Ukraine, Obama Stimulus Plan, Economic Stimulus Package, Stimulus Package, Economic Stimulus, Natural Gas, Natural Gas Vehicles, Wind Power T. Boone Pickens, Ukraine Gas, Pickens Plan, Green News
T. Boone Pickens

We have the capacity to reduce our dependence on foreign oil by 50% overall and reduce to zero the amount of oil we import from the Middle East, Africa and Venezuela. We don't have to be at the mercy of OPEC.

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A Hole Worth Digging?

Dylan Loewe | Posted 02.28.2009 | Politics

Read More: Obama, Republican Party, Bush Economic Stimulus Plan, Congress Stimulus, U.S. Economy, Congress, Obama Stimulus, Economy, Economic Crisis, Obama Administration, Obama Economy, Congressional Budget Office, Stimulus, Obama Stimulus Plan, Economic Stimulus Package, 100 Days, Economic Stimulus, Politics News
Dylan Loewe

Injured and wayward, the Republican leadership has geared up for a fight it cannot win, against a president who, both in mandate and in institutional advantage, enjoys unmatched power.

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Obama's Economic Recovery Plan Is Almost As Pure As Ivory Soap

Bill Scher | Posted 02.27.2009 | Politics

Read More: American Recovery and Reinvestment Act, Tax, Stimulus, Economy, Congress Stimulus, U.S. Economy, Obama Stimulus Plan, Congress, Economic Stimulus Package, Obama Stimulus, Economic Crisis, Economic Stimulus, Obama Economy, Congressional Budget Office, Politics News
Bill Scher

This is the biggest and boldest progressive legislation in 40 years. By all means, register your complaints against the business tax cuts. But don't let that dampen your enthusiasm for this historic measure.

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Economic Stimulus Bill: Sound Policy vs. D.C. "Bipartisanship"

David Sirota | Posted 02.27.2009 | Politics

Read More: Congress Stimulus, U.S. Economy, Obama Stimulus Plan, Congress, Economic Stimulus Package, Obama Stimulus, Economy, Economic Crisis, Economic Stimulus, Obama Economy, Congressional Budget Office, Stimulus, Video, 100 Days, Stimulus Bill, Stimulus Package, Politics News
David Sirota

Why do Democrats seem more interested in attracting majority Republican support they clearly do not need than in passing a bill that uses taxpayer money most effectively to stimulate the economy?

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TV Media Cited Bogus CBO Report At Least 81 Times

Think Progress | Posted 02.27.2009 | Politics

Read More: Obama Stimulus Plan, Barack Obama, Obama Stimulus, Cbo Report, President Obama, Stimulus Report, Congressional Budget Office, Politics News

Last Tuesday, the AP reported on a leaked Congressional Budget Office (CBO) "analysis" that had concluded that "it will take years before an infrastru...

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Ryan Grim

Controversial CBO Report On Stimulus Turns Out Not To Exist

HuffingtonPost.com | Ryan Grim | Posted 02.23.2009 | Politics

Read More: Cbo Report on Stimulus, Stimulus Cbo, Cbo, Cbo Report, Congressional Budget Office, Cbo Score Stimulus, Huffington Post Cbo, Cbo Stimulus, Cbo Report Stimulus, Politics News

Reports of a recent study by the Congressional Budget Office, showing that the vast majority of the money in the stimulus package won't be spent until...

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Open Letter to Veterans Affairs Nominee Gen. Eric Shinseki

Joseph A. Violante | Posted 02.14.2009 | Politics

Read More: Congress, Department of Veterans Affairs, Congressional Budget Office, Veterans, Iraq Veterans, General Eric Shinseki, Homeless Veterans, Veterans Health, Obama's Cabinet, Medical Care, Medicine, Female Veterans, Women, Veterans Affairs, Vets, Budget, Secretary of Veterans Affairs Eric Shinseki, Partners for Veterans Health Care Budget Reform, Veterans Health Administratino, Obama Vets, Eric Shinseki, Shinseki, Eric Shinseki Veterans Affairs Secretary, Women's Health, Health, Disabled American Veterans, Department of Veteran Affairs, Barack Obama and Eric Shinseki, Veterans Health Care, Caregivers, Politics News
Joseph A. Violante

The history of veterans funding is so consistently poor that even when Congress has gotten the funding level right, it has been late. Imagine trying to run a private sector health care system without knowing your budget.

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The Number: Why Obama Has A Better Chance At Universal Health Care Than Clinton

The American Prospect | Ezra Klein | Posted 01.19.2009 | Politics

Read More: Cbo Health Care, Obama Health Care Plan, Obama Health, Congressional Buget Office Health Care, Obama Health Care, Congressional Budget Office, Obama Universal Health Care, Politics News

Kennedy's office sent out a press release. The New York Times ran a story. The Wonk Room wrote up the findings. This is not how Congressional Budget O...

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Obama: Economic Rescue Will Trump Deficit Fight

AP | BETH FOUHY and DAVID ESPO | Posted 12.26.2008 | Business

Read More: Obama Rescue, Obama Economy, Congressional Budget Office, Million Jobs Recovery, Recovery Deficit, Obama Deficit, Financial Crisis, Orszag Obama, Business News

CHICAGO — The economy growing weaker, President-elect Barack Obama said Tuesday that recovery efforts will trump deficit concerns when he takes ...

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The AP Hands Obama His #1 Talking Point for the Second Presidential Debate

Jackson Williams | Posted 02.08.2009 | Politics

Read More: Presidential Debate, John McCain, Tom Brokaw, Saving for Retirement, Retirement, Economic Meltdown, Financial Crisis, Presidential Debates, Barack Obama, Economy, Congressional Budget Office, Social Security, Social Security Privatization, Business News, Stock Market, Wall Street Crisis, Politics News
Jackson Williams

Just hours before Obama and McCain meet in a Town Hall debate, the Associated Press has moved a story that screams: "Retirement Accounts Have Lost $2 Trillion."

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Porky the Bailout Bill

Michael Pento | Posted 11.07.2008 | Business

Read More: Government Bailout, Economy, Failing US Dollar, Department of Treasury, Gdp, National Debt, Interest on the Debt, CBO, Congressional Budget Office, The Fed, Business News
Michael Pento

Currently, about ten cents on every tax dollar goes to paying just the interest on the national debt. Interest on the debt alone will grow to 12.4% of our entire GDP by 2050.

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The High Cost of Security

William Fisher | Posted 09.13.2008 | Politics

Read More: Security Contractors, Kbr, Iraq, Congressional Budget Office, Blackwater, Politics News
William Fisher

As a new report forecasts that the 190,000 private contractors in Iraq and neighboring countries will cost U.S. taxpayers more than $100 billion by th...

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Sam Stein

McCain's 'Deficit Reduction' Plan Would Cost Trillions

HuffingtonPost.com | Sam Stein | Posted 07.15.2008 | Politics

Read More: Obama Troop Withdrawal, Obama Iraq Costs, Barack Obama, Mccain Iraq Policy, Mccain Troop Withdrawal, Obama Military, Obama Iraq Policy, Congressional Budget Office, Mccain Iraq Costs, John McCain, Politics News

On Monday, John McCain released the outlines of his economic agenda, promising to balance the federal budget by the end of his first term by saving mo...

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Federal Budget Deficit Swells to $263.3B

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business

Read More: Budget Deficit, Federal Budget Deficit, Treasury Department, Recession, Congressional Budget Office, Business News

WASHINGTON — The Treasury Department says the federal deficit swelled to $263.3 billion in the first five months of this budget year as record s...

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The 44th President's $4 Trillion Headache

CNN/Money | Jeanne Sahadi | Posted 03.28.2008 | Business

Read More: Congressional Budget Office, Alternative Minimum Tax, Budget Deficit, Federal Budget Decifit, Presidential Candidates, Business News

The presidential candidates all have big plans for their time in the White House. Reform health care. Reduce taxes. Close corporate loopholes. Encoura...

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It's Time to Be Honest about the Cost of the War in Iraq

Scott Bittle and Jean Johnson | Posted 03.28.2008 | Business

Read More: Congressional Budget Office, Iraq War, Federal Budget, Robert Gates, Taxpayers, Supplemental Spending Bill, American Taxpayer, Business News
Scott Bittle and Jean Johnson

Just how much will the Iraq war cost the American taxpayer next year? We don't know, and the people running the war (who should know) say they don't e...

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The Rich Are Getting Richer Faster

New York Times | DAVID CAY JOHNSTON | Posted 03.28.2008 | Business

Read More: Top 1 Percent of American, Billionaires, Wealth, Congressional Budget Office, Income Inequality, Millionaires, Business News

The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in ...

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