A new cost estimate for the health care bill that the House passed Saturday puts it at about $15,000 per U.S. family. That’s a lot of scratch! An earlier estimate came in at only half that much.
But it’s important not to over-read the estimate. Instead, familiarize yourself with our methodology for scoring bills. We count [...]
Health care reform legislation will be debated in the House this coming week, and the issue is all teed up.
H.R. 3962, the Affordable Health Care for America Act, was introduced last week—all 1,990 pages of it.
You can see it by clicking “Read the bill” in the “Learn more” box on the bill’s page.
The Los [...]
The bill to extend unemployment benefits another little while has gotten a score from the CBO. That’s the Congressional Budget Office, a small agency that does economic modeling and estimates about the spending and revenue effects of pending bills.
You can see the analysis itself by going to the “Learn More” box on the page for [...]
“Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would increase rather than reduce public spending on health care . . . .”
That’s the lead sentence in a Washington Post article about testimony in Congress from the Congressional Budget Office today. The CBO is the source [...]
Just in time to be too late for this week’s email newsletter, the Congressional Budget Office has come out with cost estimates for two of the bills being debated this week.
H.R. 1913, the Local Law Enforcement Hate Crimes Prevention Act of 2009 comes in at about nine cents per U.S. family.
And H.R. 627, the Credit [...]
We’ve written here before about the fact that the administration and Congress are already falling behind on the federal spending process for fiscal 2010. When they don’t follow the regular process, mistakes and shenanigans happen.
In this post (it’s a little longish – down toward the end), we pointed out that the Congressional Budget Office [...]
The Congressional Budget Office has produced a cost estimate for the conference agreement on H.R. 1, the American Recovery and Reinvestment Act of 2009 – the version of the bill being debated in both the House and the Senate today.
Our number crunching comes up with the following results: The bill costs the average U.S. family [...]
This Week with George Stephanopolous did a great little set-up piece this morning on the budget situation the two presidential candidates would face if elected.
In each of the debates, Senators McCain and Obama were asked what they would prioritize or cut given the large existing deficit and the weakening economy. Both largely refused to [...]
The Congressional Budget Office came out with a new Budget and Economic Outlook the other day. It doesn’t look good, people.
[T]he deficit for 2008 will be substantially higher than it was in 2007, rising from $161 billion last year to $407 billion this year. Furthermore, CBO’s projections indicate that if current laws and policies [...]
Though Congress is away for the month, the Congressional Budget Office is not. CBO is the source for most of the cost estimates we use to report the cost (and occasionally savings) of legislation, and it continues its work even during the dog days of summer (- which haven’t been all that bad this [...]