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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 111-121
  • A helping hand or cold shoulder for the middle class?

    How's the U.S. economy doing? If you're rich, the answer is "fabulously." Here are some data points from Diane Swonk, chief economist for Mesirow Financial in Chicago. "Spending at luxury retailers has come back," she told the Senate Finance Committee...
  • Did the fast-food industry play these Nobel economists for suckers? (Updated)

    Did the fast-food industry play these Nobel economists for suckers? (Updated)
    [This post has been updated, as explained below.] The restaurant industry's opposition to a higher minimum wage is hardly a secret--it's one of the top issues on the lobbying agenda of the National Restaurant Assn., the chain restaurants' Washington...
  • Five years later, White House and critics fight over stimulus law

    WASHINGTON – Five years after its passage, White House officials and their Republican critics are still fighting over the merits of President Obama’s economic stimulus law. Later this week, Obama will mark the fifth anniversary of signing...
  • GOP's Craig would slash income tax rates

    Republican David R. Craig said Tuesday that he would push to cut the state income tax rate for Maryland's wealthiest residents by more than 20 percent during his first year as governor. Craig, one of four GOP candidates running in June's primary, said...
  • Teleworkers keep government open during snowstorms

    Teleworkers keep government open during snowstorms
    As heavy snow shut down businesses and federal offices again this month, liberated workers tweeted about sipping hot cocoa, lying under blankets and bingeing on "House of Cards." But Edwin Gotico spent the day reading and responding to emails and...
  • Report on federal minimum wage of $10.10 heats up debate in Congress

    WASHINGTON — Increasing the federal minimum wage to $10.10 an hour would cause the loss of about 500,000 jobs but would boost earnings for about 16.5 million low-wage workers, according to a report by the Congressional Budget Office. The report,...
  • The last arguments against raising the minimum wage are gone

    The last arguments against raising the minimum wage are gone
    In a sensible world, the newest government study of the economic effects of raising the minimum wage to $10.10 an hour would end the discussion. Here are the main points. See if you can guess which one has gotten the most headline play in the news. 1....
  • Wealth inequality contributes to enduring 'class warfare' in politics

    WASHINGTON--Despite the comforting myth that we're all in this together, disagreement over what constitutes a fair share in the nation's economic pie continues to flourish in both Democratic and Republican administrations. The Democrats cast the so-...
  • Paul Greenberg: Opinions in a flash

    (With apologies to Walter Winchell) Good morning, Mr. and Mrs. America, from border to border, coast to coast, and all the ships at sea. Let's go to press! Add another name to those Americans kicking the tobacco habit: CVS pharmacies. They plan to...
  • It's time for a raise, America!

    Why on earth would anybody oppose raising the minimum wage in America to 10 bucks an hour -- a level no working adult would recognize as livin' large? I can think of two reasons. Actually, there are three, considering that President Barack Obama has come...
  • It's Time To Raise The Minimum Wage

    Why on earth would anybody oppose raising the minimum wage in America to 10 bucks an hour — a level no working adult would recognize as livin' large? I can think of two reasons. Actually, there are three, considering that President Barack Obama...