Tag: CBO
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So Now What’s Going On At The CBO? (Updated)
Update: 2 More E-Mails I’ve been monitoring the activity at the CBO (Congressional Budget Office) for a little over two years now. It’s a great way to know what legislation is coming down the pike in Congress. I highly recommend that you sign up for their e-mail list. Yesterday was a banner day. I received…
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TARP, TARP Redux, TARPTrois
Version 1: TARP isn’t going to cost the taxpayers anything. As a matter of fact, the US Taxpayer will make money from this program Version 2: TARP is going to cost money, but it’s only $15 Billion. But it saved or created lots of jobs and didn’t cost as much as it could have and…
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Class Warfare
I received my regular e-mail from the Congressional Budget Office(CBO) with today’s list of bills that have been scored for cost and affect on deficit. One of the bills today is the Cost Estimate for S. 1944, Middle Class Tax Cut Act of 2011. According to the analysis, the affect on the Budget Deficit is…
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CBO Monthly Budget Review (04/2011)
I receive weekly/monthly e-mails from the Congressional Budget Office which is widely acclaimed to provide and unbiased view of the costs of bills and income to the government. Except… …they are constantly wrong. In the summary statement in today’s e-mail: CBO Monthly Budget Review: Based on the Monthly Treasury Statement for March and the Daily…
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(Illegal Im)Migrant Remittances
From the CBO today, we have a document on Migrant Remittances … “Migrants’ remittances—payments sent by foreign-born workers back to their home country—have become a significant source of monetary inflows for many countries. In 2009, such remittances from the United States to other countries totaled more than $48 billion, nearly 30 percent more in inflation-adjusted…
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It’s The Glasses, Stupid
If you wonder why the Federal Government can’t seem to contain spending, it must be the rose-colored glasses being donned at the CBO. The Federal Debt has increased every year since 1968. Put another way, we haven’t paid off $1.00 of our National Debt since 1968. But, last week, the CBO Released a document entitled…
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