Tag: Congressional Budget Office

Obamacare cost to double what we were promised

Instead of costing $940 billion over a decade, the Congressional Budget Office now estimates that it will cost $1.76 trillion over 10 years. We told you so. I think Barack Obama and congressional Democrats knew this but just, uh, fudged the numbers a little.

Obama's broken promise to middle class?

Three million in middle class to pay health law penalty Uh oh. Already that healthcare bill is turning up little surprises like this. Reports the Washington Times:  Some 3 million middle-class Americans will be required to pay a penalty for not getting health insurance under the Obama administration’s new health care law, raising questions about... Read more »

The immoral Obama budget

Wait, weren’t the Democrats going to reduce the deficit? Not so, according to the Congressional Budget Office: Here it is, as described by the Committee for a Responsible Federal Budget: Yesterday, the Congressional Budget Office (CBO) released its analysis of the President’s FY 2011 budget. The President’s budget would increase deficits by $9.8 trillion over... Read more »

Did YOU get a 10 percent raise?

Let’s have a show of hands? Who’s getting a 10 percent raise? No one? Well, the federal government did. What is most remarkable about the Congressional Budget Office’s newest estimate of the federal deficit was this tidbit: domestic federal agencies in this fiscal year are receiving an overall 10 percent increase in their budgets. This... Read more »

Beware the nuggets in that health bill

Does anyone, anyone at all, know what in blazes he’s talking about when it comes to health care reform? Even the supposedly nonpartisan Congressional Budget Office, the font of wisdom about what health care reform will cost, admits it doesn’t know for sure. On Saturday, the CBO partnered with the staff of the congressional Joint... Read more »
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