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May 07 2021
Opinion
Weak Jobs Report Shows Limits of ‘Stimulus’
The strong economic recovery came to a surprising halt amid the federal government reporting only 266,000 new net jobs created in April. Axios adds that “forecasters had floated gains close to 1 million, making this the biggest miss, relative to expectations, in decades.” And that is not the only bad news: March’s booming 916,000 net jobs gain was also revised down to 770,000.
The
National Review (News)![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Sep 11 2018
News
Federal deficit soars 32 percent to $895B
The federal deficit hit $895 billion in the first 11 months of fiscal 2018, an increase of $222 billion, or 32 percent, over the same period the previous year, according to the Congressional Budget Office (CBO).
The Hill![](https://www.allsides.com/sites/default/files/bias-center.png)
Aug 19 2022
News
U.S. Treasury Disputes Finding That New IRS Funding Would Increase Middle-class Taxes
As a political messaging war rages over $80 billion in new Internal Revenue Service funding, a U.S. Treasury official is pushing back on an informal estimate that the money could cause Americans earning less than $400,000 to pay as much as $20 billion more in taxes over a decade.
Republicans have seized on the Congressional Budget Office (CBO) estimate, claiming Democratic President Joe
International Business Times![](https://www.allsides.com/sites/default/files/bias-center.png)
May 20 2020
Opinion
Trump’s economy is a disaster
The Congressional Budget Office on Tuesday released its economic projections for the remainder of 2020 and for 2021. “CBO estimates that real (inflation-adjusted) gross domestic product (GDP) will contract by 11 percent in the second quarter of this year, which is equivalent to a decline of 38 percent at an annual rate. In the second quarter, the number of people employed will be almost 26
Jennifer Rubin![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jun 27 2017
News
Senate Obamacare repeal on brink of defeat
At least four Republicans could oppose a key procedural vote to call up the bill. And the party remains deeply divided after a CBO report estimating 22 million fewer Americans would have insurance under the plan.
Politico![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
May 03 2013
News
Reid: We Really Need More Money for Obamacare -- Stat
We're way past the "not one dime to the deficit" mirage and the manufactured CBO score games, so why not just rack up an even bigger tab?
Townhall![](https://www.allsides.com/sites/default/files/bias-right.png)
Jan 01 2013
Opinion
Congressional Budget Office Shows Senate Bill Is $600 Billion Tax Hike
The Congressional Budget Office (CBO) just now released its score of the bill the Senate passed early this morning while everyone was celebrating the beginning of the New Year.
The Heritage Foundation![](https://www.allsides.com/sites/default/files/bias-right.png)
May 05 2020
News
The Staggering Cost of the Pandemic Goes Beyond Economic Relief Bills
The coronavirus pandemic and economic shutdown have induced Congress to spend whatever it takes to fund the health system and keep the economy afloat. Now we are starting to see just how overwhelming those costs are going to be.
My models estimate that the 2020 federal budget deficit—just the deficit—will top $4.2 trillion. To put that figure in context, last year the entire federal
The Dispatch![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Apr 01 2022
News
Senate finalizing $10 billion deal on coronavirus aid
Senators are finalizing an agreement to provide $10 billion in new coronavirus aid as they race to try to pass a bill before a two-week break set to start in days.
Senators negotiating the deal signaled that they were close to a finalized agreement, but said they were still ironing out legislative text, waiting for an analysis from the Congressional Budget Office (CBO) and haggling
The Hill![](https://www.allsides.com/sites/default/files/bias-center.png)
Feb 11 2013
Opinion
$1.5 Trillion in Deficit Savings Would Stabilize the Debt Over the Coming Decade
Policymakers could stabilize the public debt over the coming decade with $1.5 trillion in additional deficit savings, according to the Centers updated calculations, which are based on the new budget projections that the Congressional Budget Office (CBO) released this week.
Center on Budget and Policy Priorities![](https://www.allsides.com/sites/default/files/bias-left.png)