On July 15, the non-partisan Congressional Budget Office (CBO) released its Long-Term Budget Outlook for 2014.
The Congressional Budget Office (CBO) released its annual report on the nation’s long-term budget outlook. The report details a coming fiscal crisis and states that US deficit levels are unsustainable.
On Wednesday, Roll Call reported the Congressional Budget Office (CBO) could no longer measure the financial effects of President Obama’s healthcare law.
On Friday, the Congressional Budget Office (CBO) released its “Monthly Budget Review,” a short analysis of the previous month’s federal spending and revenues.
Yesterday, the Congressional Budget Office (CBO) released an analysis of the effects of raising the minimum wage.
Just last week, President Obama stated, “The United States is better-positioned for the 21st century than any other nation on Earth.” Today, that statement got a brutal factcheck from the Congressional Budget Office.
The Congressional Budget Office (CBO) today released a report warning that the federal deficit’s short-term shrinkage doesn’t mean we’re in the clear for avoiding long-term fiscal problems.
Speaking at the State University of New York-Binghamton on Friday, President Obama assured the audience that there is no “urgent deficit crisis.” Meanwhile, spending remains at historic highs, economists continue to raise concern about long-term deficits, and the Congressional Budget Office is warning that if the president’s push to reverse the sequester goes through, it will increase the risk of a fiscal crisis down the road.
Many in Washington are pointing to the latest Congressional Budget Office (CBO) report to suggest the deficit problem is “pretty much solved” for the next 10 years. But did the CBO really say that? Not quite.
While some economists see deficit emphasis as an impeding recovery, the Congressional Budget Office says the only thing worse for the economy would be no deficit emphasis.