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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
  • Export-Import Bank's expiration a victory for billionaire Koch brothers

    Export-Import Bank's expiration a victory for billionaire Koch brothers
    The Export-Import Bank, created by President Franklin Delano Roosevelt to help foreign customers buy U.S. goods, has been reauthorized 16 times, usually with little fuss and often with strong Republican support. But Congress let the bank's charter...
  • Bush likely earned less, paid higher tax rate than Clintons

    In the first presidential race since Democrats cast the GOP nominee as an out-of-touch millionaire, Republican Jeb Bush is aggressively trying to flip the script. Bush released three decades of federal tax returns on Tuesday that show he's generated a...
  • Bush tax returns: Big income, big taxes since 1981

    Republican presidential candidate Jeb Bush has earned nearly $28 million since leaving the Florida governor's mansion and paid an effective federal income tax rate of roughly 36 percent in the past three decades, according to tax returns released by his...
  • Since 1981, Jeb Bush paid an average tax rate of 36 percent

    Since 1981, Jeb Bush paid an average tax rate of 36 percent
    Republican presidential candidate Jeb Bush earned $7.4 million in 2013 and has paid an average federal income tax rate of 36 percent over the past three decades, according to tax returns released by his campaign on Tuesday. Bush disclosed the returns on...
  • Incomes rise for bottom 99 pct.; US inequality still worsens

    Solid job growth is finally boosting paychecks for the rest of us. Incomes for the bottom 99 percent of American families rose 3.3 percent last year to $47,213, the biggest annual gain in the past 15 years, according to data compiled by economist...
  • A ruling that gets a big sigh of relief

    The following editorial appeared in The Charlotte Observer on Friday, June 26: The reaction leading up to and following the Justices' ruling Thursday is telling. What does it say that there was widespread relief Thursday when the U.S. Supreme Court...
  • Will states create health insurance exchanges after King vs. Burwell?

    Will states create health insurance exchanges after King vs. Burwell?
    The Supreme Court's ruling in King vs. Burwell on Thursday drew outrage aplenty from Obamacare opponents, who had come to view the plaintiffs' fanciful legal claims as a hammer that would finally break the glass around the law. By ruling that federal...
  • Economists have trouble predicting future events

    A recent letter to the editor claimed we are heading to financial ruin within 10 years, based on a forecast from Congressional Budget Office. Economic forecasts are no better than guesses. Economists are very good at telling us what happened yesterday,...
  • Budget brawl gives Ted Cruz, Rand Paul a chance to break out

    WASHINGTON Ted Cruz and Rand Paul have created national profiles by picking fights in the U.S. Senate, and the two Republican presidential rivals will soon have a chance to engage in another, as they oppose efforts to roll back automatic spending cuts...
  • Federal regulations a burden on state governments

    The following editorial appeared in The Orange County Register on Monday, June 22: We often see reports about how much government regulations cost businesses and individuals, but a new analysis from the American Action Forum, a center-right think...
  • Debt leading US to ruin

    Debt leading US to ruin
    Most Americans are not aware of the implications that the runaway deficit the United States is running will have on our children and grandchildren if not checked. The debt has climbed to $18.5 trillion, as in "T" — an increase of more than $8...