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
Obamacare’s birthday is a reminder that Republicans need to redouble our efforts to retake the Senate and the presidency.
Erskine Bowles, speaking at a U.S. Chamber of Commerce event, said that even with ObamaCare health care costs are going to “really eat us alive”
A Spending Limit Amendment would ensure that Congress does not look to our children and grandchildren to bailout our present spending spree
CB-Oh no - THE HILL
Fundamental changes to the federal budget will be needed to rein in unsustainable deficits, Congress’s budget watchdog said Thursday
Two weeks ago, Anthem Blue Cross raised its rates in California rather sharply. To my mind, the move gave a fresh boost to Democratic health care reform, certainly not a positive occurrence—even despite Anthem’s market-based, and quite logical, defense. Furthermore, the federal investigation into the rate hikes gave Obama a bit of a public relations boost, as his administration could now point to “evidence” that their reform was necessary. To paraphrase Nina Easton on Monday’s “Special Report,” Obama’s new health care proposal hopes that the American people dislike insurance companies more than they distrust government officials.
President Barack Obama pledged in an address to a joint session of Congress in September 2009 that any health care bill he signed would cost no more than $900 billion over 10 years and would not worsen the federal budget deficit in the short or long term