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Feb 04 2014
News
Obamacare will push 2 million workers out of labor market: CBO
Obamacare will push the equivalent of about 2 million workers out of the labor market by 2017 as employees decide either to work fewer hours or drop out altogether, according to the latest estimates Tuesday from the Congressional Budget Office.
Washington Times![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Feb 04 2014
News
Obamacare will push 2 million workers out of labor market: CBO
Obamacare will push the equivalent of about 2 million workers out of the labor market by 2017, as employees decide either to work fewer hours or drop out altogether, according to the latest estimates Tuesday from the Congressional Budget Office.
Washington Times![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Nov 01 2023
News
House GOP Plan To Offset Israel Aid With IRS Funding Would Expand National Debt Via Reduced Enforcement: CBO
House GOP Plan To Offset Israel Aid With IRS Funding Would Expand National Debt Via Reduced Enforcement: CBO A GOP plan to offset $14.3 billion in aid to Israel by reducing the IRS's roughly $60 billion boost from the Inflation Reduction Act ($80 billion less negotiated cuts) would backfire and add around $30 billion to the national debt, because - according to both the CBO and the Committee
ZeroHedge![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Nov 19 2021
Analysis
CBO: Biden's 'Build Back Better' Plan Will Add $367 Billion to the Deficit
For months, the White House has been promising that President Joe Biden's massive social spending package would be fully paid for—that is, that tax increases and other revenue-generating aspects of the "Build Back Better" plan would fully offset the nearly $1.7 trillion in proposed new spending.
We now know that's not true.
Biden's plan will add $367 billion to the budget deficit
Reason![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
May 08 2018
News
April was best month in history for U.S. budget, according to CBO figures
The federal government took in a record tax haul in April en route to its biggest-ever monthly budget surplus, the Congressional Budget Office said, as a surging economy left Americans with more money in their paychecks — and this more to pay to Uncle Sam.
Washington Times![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Jul 22 2017
News
Former CBO directors ask Congress to stop bashing the budget office
Republicans continue to bash the Congressional Budget Office for what they say are inaccurate estimates of the impact of their legislation to repeal Obamacare. But the former directors of the nonpartisan organization wrote a letter to congressional leadership Friday asking Congress to keep using the CBO.
USA TODAY![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jun 27 2017
News
Senate health care bill in jeopardy after devastating CBO report
The Senate Republican health care bill teetered on the edge of collapse Monday evening after the Congressional Budget Office released a devastating report on its impact and multiple Republicans announced they would not vote to advance the legislation.
CNN Digital![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Mar 15 2017
News
Rattled by CBO report, moderate Republicans turn against GOP bill
A devastating analysis from the Congressional Budget Office on the House GOP bill to repeal Obamacare has rattled moderate Republicans in the House, who are uneasy about the prospects of voting for a proposal that increasingly appears dead on arrival in the Senate.
CNN Digital![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Mar 14 2017
News
Mick Mulvaney: ‘I don’t believe the facts are correct’ in CBO report
Office of Management and Budget Director Mick Mulvaney said Tuesday he doesn’t believe the projections from the Congressional Budget Office on House Republicans’ bill to repeal parts of Obamacare are correct. “I don’t believe the facts are correct,” Mr. Mulvaney said on MSNBC’s “Morning Joe.”
Washington Times![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Sep 26 2022
News
Biden student loan forgiveness will cost $400 billion over 10 years, CBO estimates
The Biden administration's plan to forgive a significant portion of federal student loans will cost roughly $400 billion, according to new estimates from the Congressional Budget Office.
In a letter to Sen. Richard Burr (R-NC) and Rep. Virginia Foxx (R-NC), the senior Republicans on the Senate and House education committees, Phillip Swagel, the director of the CBO, estimated that the
Washington Examiner![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)