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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 23-33
  • Congress headed toward showdown over Homeland Security funding

    Congress headed toward showdown over Homeland Security funding
    Congress is again careening toward a crisis, this one fueled by opposition to President Obama's immigration plan, which threatens to cut off funding for the Homeland Security Department. The Senate is set to take a crucial vote Tuesday, but rather...
  • Analysis: Millions of reasons federal spending goes up

    WASHINGTON Few things defy gravity more than federal spending. In the nation's capital, what goes up does not come down. It goes up more. When President Barack Obama was elected, there was a temporary $535 billion increase in spending during the Great...
  • Obama's $4 trillion budget includes higher taxes on rich and big banks, public works program

    The $4 trillion budget that President Barack Obama sends Congress on Monday proposes higher taxes on wealthier Americans and corporations, and an ambitious $478 billion public works program for highway, bridge and transit upgrades. The grab-bag of...
  • Senate turns to immigration amid return of shutdown rhetoric

    WASHINGTON As Senate Democrats praised the GOP majority for a new era of openness, they were already preparing for an abrupt turn when the chamber's attention focuses on immigration. "What we have seen over the last several weeks is the Senate I...
  • Buying your approval ... with your tax dollars

    Buying your approval ... with your tax dollars
    Chicagoans will soon elect a mayor to run a City Hall trapped in astonishing levels of taxpayer debts and pension burdens. Meanwhile, all Illinoisans have a new governor overseeing a statehouse that's in a comparable predicament: a bigger government,...
  • Gov. Scott Walker pitches anti-government message to conservative forum

    WASHINGTON Amid a wave of media attention, Wisconsin Gov. Scott Walker took his anti-Washington message to Washington on Friday, saying the best way to move the country forward is to transfer power from the nation's capital back "to the hard-working...
  • On immigration, Congress can declare victory

    On immigration, Congress can declare victory
    According to an NBC News/Wall Street Journal poll before the State of the Union Address, Americans believe that "securing the border" should be a priority — after helping the economy, defeating the Islamic State and reducing the deficit. So...
  • 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...
  • 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,...
  • 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...