Posts Tagged ‘CBO’
Read Williams: Economic Chaos Ahead
Take a few minutes today to read Prof. Walter Williams’ current Creators Syndicate column, Economic Chaos Ahead.
Read MoreWhat is a household?
Last week, the Congressional Budget Office released the results of a study comparing average household income in 1979 to average household income in 2005. Over this 25 year period, the top 20% of households had a 10 point increase in their incomes (with most going to the top 1%) while the other 80% of households…
Read MoreKrauthammer on the CBO “recovery”: Phony numbers vs hard facts
As Ed Morrissey at Hot Air said so many months ago , “if your are going to make up a number, why don’t you just say the stimulus created or saved a gazillion jobs?” Indeed … and Charles nails it. Say whatever you want, make up whatever you want, the hard numbers tell another story.
Read MoreObamacare: what the CBO and OACT really said
In his recent “pep talks” about Obamacare, the President has frequently mentioned the Congressional Budget Office’s findings to support his arguments. As I have read those findings, as well as those of the Office of the Actuary for Medicare and Medicaid (OACT) I am perplexed by the President’s comments. We are told that Obamacare will…
Read MoreMost excellent: CBO says deficits $1 trillion a year for a decade
Hope and change, and of course all of this plays right into the hands of the One. Never let a crisis that you created go to waste. From The Hill (via instapundit).
Read MoreUh Oh
The CBO is projecting the White House underestimated the deficit by more than $2 trillion dollars from 2010 to 2019. The administration is expecting the budget deficit to total $7.0 trillion from 2010 to 2019, but CBO is expecting a total deficit of $9.27 trillion. But here’s the kicker … Nancy “Pay Go” Pelosi doesn’t…
Read More