Tag: CBO

CBO – Obamacare is Costing Much Less Than Originally Predicted

Here is a bit of news that is bound to piss Republicans off – Obamacare is costing much less than the CBO original predicted. In January 2010, the Congressional Budget Office projected that the federal health spending would total a bit more than $11 trillion between 2011 and 2020. Today, the Congressional Budget Office thinks… Continue reading CBO – Obamacare is Costing Much Less Than Originally Predicted

Did You Know That The Deficit Shrunk to $492 Billion

Image: DailyKos With all the sensational news hunters in the media today, this little bit of actual news may have slipped by the rader. It’s a fact, not a lie so no one is shouting it from the hilltops. No cattle or guns are involved so this story is, for the most part, swept under… Continue reading Did You Know That The Deficit Shrunk to $492 Billion

CBO Reports: Extending Unemployment Benefits Create Jobs

Here’s some news we already knew. The Congressional Budget Office has released a report claiming that extending long term unemployment benefits add more jobs to the economy. Here’s the report: WASHINGTON (AP) — Extending the current level of long-term unemployment benefits for another year would add 300,000 jobs to the economy, according to a report from… Continue reading CBO Reports: Extending Unemployment Benefits Create Jobs