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Congressional Budget Office

A collection of news and information related to Congressional Budget Office published by this site and its partners.

Top Congressional Budget Office Articles

Displaying items 1-11
  • Gov't: 9.5 million already signed up for 2015 coverage under Obama's health law

    Some 9.5 million people have already signed up for 2015 coverage under President Barack Obama's health care law, and the administration is on track to surpass its nationwide enrollment target set last year. The Health and Human Services Department said...
  • Deficit outlook: Good and bad

    The latest report from the Congressional Budget Office has something for everyone to have mixed feelings about. In the short term, the outlook for the budget deficit continues to look good, but by 2018, it will start growing again, fueled in large measure...
  • CBO: Growing economy to help budget deficit shrink to lowest level since Obama took office

    Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday. The Congressional Budget Office also projects a 14 percent...
  • Federal deficit lowest since Great Recession amid solid economic growth

    Federal deficit lowest since Great Recession amid solid economic growth
    Echoing other upbeat forecasts, a new report Monday said the federal deficit is on track to hit its lowest level in years as economic growth continues at a solid pace for fiscal 2016. The nonpartisan Congressional Budget Office warned, however, that...
  • Obamacare cost to be 20% less than forecast, budget office says

    President Obama's healthcare law will cost about 20% less over the next decade than originally projected, the Congressional Budget Office reported Monday, in part because lower-than-expected healthcare inflation has led to smaller premiums. So far,...
  • CBO: Deficit to shrink to lowest level of Obama presidency

    CBO: Deficit to shrink to lowest level of Obama presidency
    The Congressional Budget Office says the federal budget deficit will shrink this year to its lowest level since President Barack Obama took office. CBO says the deficit will be $468 billion for the budget year that ends in September. That's slightly less...
  • Federal debt will explode over next 10 years, CBO says

    WASHINGTON The federal debt is set to explode over the next decade even as the budget deficit is projected to reach its lowest level of the Obama presidency, the Congressional Budget Office said Monday. The annual deficit should total $468 billion for...
  • Frankel, Wasserman Schultz criticize Republican moves to restrict abortion

    Frankel, Wasserman Schultz criticize Republican moves to restrict abortion
    U.S. Reps. Debbie Wasserman Schultz, D-Weston, and Lois Frankel, D-West Palm Beach, criticized Republican opposition to abortion on Thursday, the 42nd anniversary of the Roe vs. Wade opinion from the U.S. Supreme Court that legalized abortion. Statement...
  • U.S. bridge repair debate: Is a gas tax the answer?

    CINCINNATI How should the nation pay for needed repairs to bridges and roadways? While recent political discussions have been dominated by national security, employee earnings and law enforcement tactics, the National Highway Trust has dwindled with no...
  • Obama moves to lift legacy, party's 2016 outlook with tax plans

    WASHINGTON Barack Obama this week will lay the foundation for the last two years of his presidency. Helping middle- and lower-income households will be the cornerstone. Obama is trying to shore up his legacy and help Democrats seeking to win the White...
  • 'Dynamic' scorekeeping may help House Republicans pass tax reform

    Republicans controlling the House have changed the rules on budget scorekeeping and Democrats are unhappy with the new math. At issue is so-called dynamic scoring, which factors in the economic effects of legislation when estimating its effect on the...