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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 67-77
  • GOP blocks federal minimum wage hike bill in Senate

    GOP blocks federal minimum wage hike bill in Senate
    WASHINGTON — A top election-year proposal from Democrats — a bid to raise the federal minimum wage — was rejected by Republicans in the Senate, who blocked legislation Wednesday to boost the rate to $10.10 an hour. President Obama...
  • A higher minimum wage -- at what cost?

    Washington politicos want to know which way popular winds are blowing so they can set their sails accordingly. Rarely, though, are they as explicit as President Obama in citing public opinion as a justification for policy. When pressed to defend his...
  • CEO: McDonald's would 'manage' minimum wage hike

    CEO: McDonald's would 'manage' minimum wage hike
    McDonald's Corp. for years has been in the cross hairs of a national campaign to raise the minimum wage, a movement that intensified last week as demonstrators marched on its Oak Brook headquarters. The fast-food behemoth has rejected protesters' call...
  • 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...
  • Los Angeles 2020 Commission calls for changes to improve the city

    Los Angeles 2020 Commission calls for changes to improve the city
    Three months after it painted L.A. as a metropolis stumbling into decline, the Los Angeles 2020 Commission offered 13 recommendations Wednesday that it said would attract jobs and "put the city on a path to fiscal stability." The group of prominent...
  • To spur job creation, bring on supply-side economics

     To spur job creation, bring on supply-side economics
    The Congressional Budget Office says unemployment won't drop to 5.5% — the benchmark for "full employment" — until 2024. That implies a 15-year recovery from the Great Recession (which officially ended in June 2009, when the economy started...
  • Mitch Albom: Minimum wage gets maximum debate

    I've worked for minimum wage. Many times. Selling programs. Frying chicken. Janitor. Factory worker. Ice cream scooper. In each case, I saved the money and put it toward college and grad school. What I lacked, I borrowed in loans. With my degree, I...
  • Obama Urges Increase In Minimum Wage At Rally

    Obama Urges Increase In Minimum Wage At Rally
    NEW BRITAIN — In a campaign-style event, President Barack Obama made a rousing appeal for a higher minimum wage Wednesday at a packed pep rally at Central Connecticut State University, saying that it was "time to give America a raise." That...
  • Congress can't get out of its own way on Medicare

    Congress can't get out of its own way on Medicare
    Maybe it was too good to be true. A rare bipartisan healthcare reform proposal backed by leaders of three major House and Senate committees is foundering because Republicans and Democrats can't agree on how to pay for it. The irony is that the measure,...
  • More than 6 million people have signed up for Obamacare

    WASHINGTON — With the Monday deadline still a few days away, the White House announced Thursday that more than 6 million people have signed up for health insurance through online marketplaces created by the Affordable Care Act. That number, though...
  • Obama not getting through with good news about health care

    Here's a bit of good news for nervous Democrats: President Barack Obama's health care law isn't going to be the albatross many feared it would be in this year's congressional elections. Enrollment has soared, and the Congressional Budget Office...