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Romney repeal of health care law will cost Americans money and jobs

With the start-up of the general election cycle for November’s presidential and congressional elections well under way, the Mitt Romney and...
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Wall Street bailout (TARP) cost taxpayers less than projected

The often maligned Wall Street bailout, also known as the TARP, is expected to cost taxpayers $32 billion dollars which is less than projected. The...
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Lowering retirement age for social security will save the government money

For decades, the standard formulas for Social Security have been based on the age range bases of 62-65-70 for retirement and a level of payments...
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Republican bill would increase deficit $25.3 billion

The Congressional Budget Office (CBO) has scored the Republican Trojan Horse aka the payroll tax extension bill and determined that it would likely...
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CBO states Obama economic stimulus created or saved 5 million or more jobs

  • ARRA
  • November 23, 2011
President Barack Obama’s 2009 economic stimulus bill which was passed in Congress during the first month of his Administration and which...
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CBO: Millionaire tax proposal would take 10 years to cover cost of jobs bill

The Congressional Budget Office (CBO) issued a report on October 7th regarding President Obama's proposal to institute a tax on millionaires to...
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National debt bringing dire effects to economic outlook and America's future

CBO Director Douglas Elmendorf, speaking on June 14th at a breakfast meeting with the Christian Science Monitor, reported that the potential...
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Obama to look at taxing cars by the mile in new transportation bill draft

President Obama is looking at taxing cars and driving by the mile in a new transportation bill that is currently in a study phase.The intention of...
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The GOP did cut $38 billion, here's how

I know. It’s disappointing when the paltry sum of $38 billion got sliced away from a $1.3 trillion budget. And it makes one even more angry...
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Tax on mileage proposal given by the CBO to help pay deficit

  • tax
  • March 25, 2011
A new proposal to tax citizens for mileage driven was submitted by the Congressional Budget Office (CBO) on March 24th as a means to fill the gap...
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