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Beyond its role of scoring the budgetary and economic effects of proposed legislation, the Congressional Budget Office (CBO) independently publishes reports and working papers addressing more than two dozen topics intended, in part, to enhance the office’s transparency and encourage external review and comment. Under the topic of “climate and the environment,” the CBO has…
“#Facts Trump Dems’ claims on Donald’s economy” When President Donald Trump took office in 2017, economists around the world had accepted the fact that the US economy had entered the “new normal” where economic growth would be low, and wage growth nonexistent. Trump’s team argued that deregulation, trade policy and tax cuts could bring us…
“#US will be debt to rights if Biden’s Build Back Better passes” President Biden’s false claim that his “Build Back Better” spending blowout (more accurately named “Build Back Broke”) would cost “zero dollars” just got further exposed for the farce it is. Thanks to the nonpartisan Congressional Budget Office, we know more about how America’s…
“#CBO releases estimates for $1.75T Biden social spending bill” The Congressional Budget Office released four initial reports Wednesday on parts of President Biden’s sweeping $1.75 trillion social spending bill ahead of a planned vote in the House of Representatives next week. The non-partisan office looked at parts of the bill contributed by the House Homeland…
“#Biden’s $1.9T plan isn’t about the pandemic, it’s about the left’s agenda” President Biden and fellow Democrats claim Americans’ urgent needs oblige them to ram through $1.9 trillion in new spending rather than accept a much-smaller compromise offer. In reality, this is about the Dems’ own policy and patronage goals. For starters, the nation has…