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Congressional Budget Office

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Top Congressional Budget Office Articles see all

Displaying items 1-5
  • Highway Trust Fund running out of gas

    WASHINGTON The roots of today's transportation funding dilemma date to the 1990s, when the economy was roaring, deficits were shrinking and gas tax revenue was reliably increasing every year, thanks in part to two gas tax increases during that decade.
  • Higher minimum wage to have ripple effect

    A 2014 Congressional Budget Office report shows the conflict between the two sides of the minimum wage issue. Raising the minimum wage to $10.10 an hour is projected to lift 900,000 workers out of poverty, but it would also mean the loss of 500,000 jobs....

    Ghost of NAFTA haunts proposed Pacific Rim trade deal

     Ghost of NAFTA haunts proposed Pacific Rim trade deal
    As lawmakers gear up for a rancorous debate on a bill that would help President Obama secure a massive Pacific Rim trade deal, congressional Democrats and their allies are making the case that such an agreement would be disastrous for American jobs and...

    Immigration reform could boost tax revenue, study concludes

    Immigration reform could boost tax revenue, study concludes
    Undocumented workers in Florida pay nearly $605 million a year in state and local taxes — but they could pay more if they became legal, according to a new study backing immigration reform. Undocumented immigrants in the Sunshine State paid...

    Ramesh Ponnuru: Taxes won't fix Social Security

    Social Security Works, a left-wing group, was quick on the draw. Within an hour of Sen. Marco Rubio's announcement that he was running for president, it issued a news release attacking him: "If Senator Marco Rubio had his way, Social Security's very...