Congressional Budget Office

Congressional Budget Office News

  • Boehner to Insist on Republican Immigration-Bill Majority

    House Speaker John Boehner said he won’t bring an immigration bill to a vote unless it has the support of most Republicans in the chamber.

  • Lost AAA Brings Falling Yields-to-Deficits on Downgrade

    Ever since Standard & Poor’s stripped the U.S. of its AAA credit rating almost two years ago, the unemployment rate has fallen, household wealth has reached a record and the budget deficit is shrinking. More downgrades may be coming, anyway.

  • Obama’s Republican Student-Loan Plan

    On July 1, the interest rate on new Stafford subsidized federal college loans is scheduled to double. Rather than trying to maintain the current rate, Congress should take this opportunity to restructure student aid, directing more money toward those with the greatest need.

  • Dollar Correlates to Stocks in Economy Obama Desires: Currencies

    The dollar is moving more in tandem with stocks than any time since 2008 in a sign that traders are gaining confidence in the sustainability of the U.S. recovery.

  • Budget Deficit in U.S. Widened in May as Spending Increases 10%

    The U.S. budget deficit widened in May from a year earlier on a 10 percent increase in spending, the Treasury Department said.

  • Obama Guesses His Way to Trillions in Health Savings

    During his 2008 presidential campaign, Barack Obama relied on a standard applause line, a promise that his health-care plan would “lower premiums by up to $2,500 for a typical family per year.” Cue cheers -- or jeers if you were a health-policy expert. For them, his vow was ridiculous. There was no time frame attached to the promise. There was no plan for realizing it. It was change no one quite believed in. He might as well have promised every American a puppy.

  • Sugar Daddy Drinks as AT&T Chases Airwaves Aid of Senator

    Lobbyists for Verizon Wireless and AT&T Inc. can sip $11 Sugar Daddy cocktails tonight to help Senator John Thune, a lawmaker with influence over one of their top priorities: getting more airwaves.

  • U.S. Outlook Revised to Stable by S&P as Fiscal Risks Diminish

    The U.S.’s AA+ credit rating outlook was increased to stable from negative by Standard & Poor’s, based on receding fiscal risks, less than two years after the company stripped the world’s largest economy of its top ranking.

  • U.S. Expansion Poised for Longevity

    The modest pace of the U.S. economic recovery has a silver lining, as the expansion shows signs of lasting almost twice as long as average.

  • Obama Targets Hispanics for Healthier Exchange Enrollees

    The Affordable Care Act’s initial success next year depends on President Barack Obama’s ability to coax at least 2.6 million people who are young and healthy to sign up for health insurance. Hispanics may be the key.

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