CBO/JCT
Latest
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‘Line’ Items: State of the Union Edition
What Will He Say? – On Tuesday President Obama will avail himself of one of the most effective tools a President has to shape the Washington agenda...
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‘Line’ Items: January 10, 2011
Shooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House...
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On Health Reform Repeal
There has been an increasing amount of talk this week concerning calls for repeal of the health care reform legislation, as the 112th Congress...
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Quantifying the Cost of Waiting
The Congressional Budget Office made an unusual jump into the fiscal fray back in the summer, spelling out the specific harm that excessive long-term...
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So, How About That TARP?
Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
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CBO Unveils New TARP Estimate
CBO has issued new numbers for the total costs of the Troubled Asset Relief Program (TARP). CBO now estimates that TARP will cost $25 billion over the...
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‘Line’ Items: Columbus Day Edition
Day of “Discovery” – Today we celebrate the man who quasi-discovered the Americas with a quasi-holiday that not everyone gets off (including the Line)...
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CBO Says 2010 Deficit Slightly under $1.3 Trillion
CBO, in its most recent Monthly Budget Review, estimated that the FY 2010 budget deficit (the fiscal year that ended at the end of September) was just...
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CBO Finds Tax Cuts Are Bad for the Economy
In testimony before the Senate Budget Committee last week, CBO Director Douglas Elmendorf quantified the impacts that extending some or all of the...
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No New Lending From TARP
Right on the two-year anniversary of its enactment, the Troubled Asset Relief Program's (TARP) authority to disburse new money ended on Sunday. The...
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‘Line’ Items: (Fiscal) New Year’s (Lack of) Resolutions Edition
Should Old Performance be Forgot, and Never Brought to Mind? – The new fiscal year (2011) began on Friday. Instead of imbibing in champagne, CRFB...
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MARKETWATCH:Week September 27 – October 1, 2010
The growth play from September has spilled over into October, although cross-currents are apparent and volatility should be expected. Economic news...