“CBO” on The Daily Caller

During a campaign stop in New Hampshire, Newt Gingrich made some surprising comments about the professional analysts whose data he once relied upon as Speaker of the House. (more)

WASHINGTON (AP) — A government report released on Friday predicts that the federal budget hit a near-record $1.3 trillion in the just-completed fiscal year. (more)

The U.S. budget deficit is projected to be $1.3 trillion in the year ending Sept. 30, down from $1.4 trillion forecast in April, because of curbs on federal spending and increased income-tax collections, the Congressional Budget Office said. (more)

The federal government’s deficit will reach $1.3 trillion in 2011, but will fall rapidly and shrink the nation’s 10-year deficit to $3.5 trillion, if Congress does not extend popular tax-cuts and spending programs, according to a report released today at 9:30 a.m. by the nonpartisan Congressional Budget Office. (more)

Next week, the House of Representatives will vote on H.R. 2, a measure to repeal Obamacare in its entirety. The Congressional Budget Office (CBO) today released a report stating that repealing the health care law would increase the deficit by $145 billion between 2012 and 2019. (more)

The Obama administration threatened to veto parts of its own health care bill after budget scorekeepers found that the package would add at least $115 billion more to government health care spending. (more)

Congressional Budget Office estimates released Tuesday predict the health care overhaul will likely cost about $115 billion more in discretionary spending over ten years than the original cost projections. (more)

The purported Democrat moderates who voted for Obama Care are really, really gullible.  I have previously raised the issue of many misleading statements in the health care debate.  With respect to the budget issues, these have been aired out by many, including Congressman Paul Ryan.  However, in statement after statement avowed moderate Democrats appear oblivious to these points.  They say the Congressional Budget Office (CBO) is a neutral arbiter and so life must be fine. They believe that future Congresses will allow hundreds of billions of dollars of cuts in Medicare.   They believe that Congresses will sustain levies for taxes on certain high cost plans.  They believe that payments for doctors under Medicare can either sustain a 21% cut or be paid for from some other source that does not add to the debt.   I am not so gullible as to believe you can expand spending by $2.5 trillion from 2014 to 2023 and reduce debt.   It has never worked that way.  And CBO was forced to score savings provisions that will not occur. (more)

Democrats’ inability to release a bill to the public for review on Wednesday raised serious questions about whether they will be able to move the bill to the House floor in time for a vote before President Obama leaves Sunday for a week-long international trip. (more)

The United States in 2020 will owe to creditors almost as much as it produces as an economy, and interest on the national debt will grow to almost $1 trillion, according to an analysis of President Obama’s budget released Friday afternoon by the Congressional Budget Office. (more)

The Congressional Budget Office hiked its forecast Tuesday for how much the stimulus bill will add to the nation’s deficit, raising its estimate by $75 billion to $862 billion. (more)