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 [...]
Last week, the Congressional Budget Office issued a cost estimate for H.R. 2454, the American Clean Energy and Security Act of 2009. The bill would establish not one, but two “cap-and-trade” programs designed to limit the release of undesirable gasses into the atmosphere.
“Cap-and-trade” is when the government limits (”caps”) the emissions of greenhouse gasses and [...]
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 [...]
In the news this week, we learned that the Congressional Budget Office had come up with new estimates for this year’s federal deficit.
Here’s the upshot of the report:
Largely as a result of the enactment of recent legislation and the continuing turmoil in financial markets, CBO’s baseline projections of the deficit have risen by more [...]
Until today, it had been over a week since the Congressional Budget Office published a new cost estimate. This is the source of most of the cost estimates here. Y’know, the cost estimates you have grown to know and love. We take their estimates and plug it into our database, which calculates the per-family, net [...]
If at first you don’t succeed, try, try again. And with another couple days at it, the Senate has cleared the big omnibus spending bill and it goes to the President for his signature. He is sure to sign it as funding for most of the government runs out if he doesn’t.
Spending per U.S. family [...]
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 [...]