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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
  • Rand Paul goes big to shrink taxes

    Rand Paul promised to go big on taxes. He did. The Kentucky senator's tax plan would scrap much of the U.S. tax system that has developed over the past century. In its place, Paul proposes a tax code that looks like it comes from a different era and is...
  • US budget deficit drops to $82.4 billion in May

    The U.S. budget deficit for May dropped sharply from the level a year ago but much of the improvement reflected a calendar quirk. In its monthly budget report, the Treasury Department said Wednesday that the May deficit dropped to $82.4 billion, down...
  • House votes to make ban on Internet access taxes permanent

    The House voted Tuesday to make permanent a moratorium that prevents states from taxing access to the Internet. Under current law, the moratorium ends Oct. 1. Lawmakers said allowing states to tax Internet access would expose users to the same kind of...
  • A new dawn for the minimum wage

    A new dawn for the minimum wage
    What has long been a hypothetical question may soon become a real one: What would the national economy look like with a $15-an-hour minimum wage? Community activists and politicians see a $15 minimum wage as the antidote to the ills of rising...
  • The rich get government handouts just like the poor. Here are 10 of them

    The rich get government handouts just like the poor. Here are 10 of them
    In case you are still skeptical that many of the non-poor — and, in fact, a lot of the rich — receive benefits from government too (for which we don't make them pee in a cup or promise not to buy luxuries), we've rounded up some more...
  • John Gray: Where your federal tax dollars go

    John Gray: Where your federal tax dollars go
    It's a question that naturally springs to mind when tax season rolls around: Where are all those tax dollars being spent? In total, Washington will spend $12,304 per citizen. Unfortunately, the government will only collect $10,878 in tax revenue per...
  • The high economic, electoral and moral toll of not implementing DAPA

    The high economic, electoral and moral toll of not implementing DAPA
    May 19th would have been the day that approximately 163,000 thousand Floridian parents of U.S. Citizen children and legal permanent residents could have requested long awaited and much needed temporary relief from deportation through the Deferred Action...
  • Despite Amtrak crash, infrastructure spending remains low priority

    Despite Amtrak crash, infrastructure spending remains low priority
    Last week's horrific Amtrak crash outside Philadelphia has inspired much talk about the need to shore up America's crumbling public infrastructure. But the prospect of action on infrastructure hasn't even notched upward as the Amtrak toll reached...
  • Paul Sassone: Politicians should follow doctor's advice

    First, do no harm. That ethical principle, taught to all health care students, ought to be demanded of all political candidates. They can do great harm, too. Take, for instance, the recent statements by two presidential candidates, Chris Christie...
  • State Farmers Say New Food Safety Rules Will Be Costly

    State Farmers Say New Food Safety Rules Will Be Costly
    New federal food safety rules designed to protect consumers from vomit-inducing illnesses could have the unintended consequence of driving some Connecticut farmers out of business, agricultural experts say. Connecticut's dwindling number of commercial...
  • 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....