“Congressional Budget Office” on The Daily Caller

A ruling on the constitutionality of key elements of Obamacare is expected from the U.S. Supreme Court by late June. The justices, and the public, are primarily focused on the constitutionality of the individual mandate, which would require Americans to purchase health insurance. Unfortunately, the individual mandate isn’t the only problem with Obamacare, a law that, once it fully takes effect, will fundamentally transform — for the worse — how health care is provided in this country. (more)

A Congressional Budget Office report shows that the cost of implementing President Obama’s health care overhaul will reach $2.6 trillion over a ten-year period, a dramatic increase from the White House’s original estimate. (more)

The budget projection for the next decade released by the Congressional Budget Office on Tuesday was pretty depressing, but not depressing enough, says Alabama Sen. Jeff Sessions. (more)

What if regulations prevented your doctor from prescribing you the correct course of treatment for your illness? Thanks to a seriously flawed medical device auction program that the Centers for Medicare and Medicaid (CMS) is planning to implement, that could start happening soon. The program, if not fixed, will reduce patient access to prescribed medical supplies for home use, as well as worsen patient outcomes and increase medical costs. (more)

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)

The Congressional Budget Office (CBO) is unable find a single government spending item that drives economic growth, Kansas Republican Rep. Tim Huelskamp said today in a statement. (more)

The Congressional Budget Office confirmed Monday that the debt ceiling deal struck by the White House and congressional leaders would reduce deficits by at least $2.1 trillion over a decade. (more)

Speaker of the House John Boehner wanted a vote on his debt-limit plan by Wednesday evening. Now, that proposal is being re-worked and re-written by his staff. Lawmakers are waiting to see if it will meet the promised level of spending cuts. (more)

In June 2002, the non-partisan Congressional Budget Office (CBO) released a report on the federal government’s long-term budget outlook. The report predicted that federal spending, which had hovered around 20% of GDP since World War II, would reach 23.8% of GDP in 2040, 30% of GDP in the late 2050s and 40% of GDP — double the postwar average — around 2075. (more)

Speaker of the House John Boehner was dealt a potentially devastating blow Tuesday when a Congressional Budget Office scoring of his debt limit proposal showed the plan would save significantly less than the $1.2 trillion promised. (more)

The Congressional Budget Office (CBO) released its Long-Term 2011 Budget Outlook Report, Wednesday, with dire projections for the nation’s fiscal future if the current path is not changed. The CBO called its budget outlook “daunting.” (more)

Was it intentional? According to the Associated Press, it was a negative result of a “well-meaning effort.” Obama administration officials and senior congressional Democrats, including House Minority Leader Nancy Pelosi haven’t answered this question, and Pelosi’s office hasn’t responded to requests from The Daily Caller seeking comment. (more)

The Daily Caller has learned the Congressional Budget Office (CBO) has hired Melinda Beeuwkes Buntin, an Obama administration official who has been key in implementing parts of Obamacare thus far and a large donor to Democrats and liberal groups, to work in its Health and Human Resources (HHR) Office. As CBO’s deputy assistant director of HHR, Buntin is expected to assist with the Office’s prime directive, providing “objective, nonpartisan, and timely analyses to aid in economic and budgetary decisions on the wide array of programs covered by the federal budget.” (more)

The Congressional Budget Office said in a new report that President Obama’s economic stimulus law will raise the federal deficit $830 billion over ten years, $43 billion more than the initially estimated cost of $787 billion. (more)

Rep. Paul Ryan of Wisconsin, along with his Republican colleagues on the House Budget Committee, rolled out a FY 2012 Budget Resolution Tuesday, stressing that it took a “different course” than President Obama’s proposed budget. The tag line for the plan could best be summed up by Rep. Diane Black of Tennessee when she said, “We lead where the president has failed.” (more)

The Congressional Budget Office (CBO) released on Friday a preliminary analysis of the Obama administration’s budget proposal for the 2012 fiscal year. The CBO reported that the administration underestimated its budget proposal’s impact on the national deficit and debt. (more)

The Congressional Budget Office this week said that the Senate Democrats’ bill offers $4.7 billion in spending cuts — not the $6.5 billion that President Obama and congressional Democrats said. (more)