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A copy of the Congressional Budget Office summer update on the Budget and Economic Outlook is seen in Washington, August 25, 2009. View Photo »
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Douglas Elmendorf, Director, Congressional Budget Office, listens during the "U.S. Overview: When Will Growth Resume?" panel at the 2009 Milken Institute Global Conference in Beverly Hills, California April 27, 2009. View Photo »
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Peter Orszag (L), the current director of the Congressional Budget Office, listens as President-elect Barack Obama talks about choosing Orszag as his choice for director of the Office of Management and Budget during a news conference in Chicago, Novembe... View Photo »
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Peter Orszag, the current director of the Congressional Budget Office, leaves a news conference where U.S. President-elect Barack Obama announced him as his choice for director of the Office of Management and Budget (OMB) during a news conference in Chi... View Photo »
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Peter Orszag, the current director of the Congressional Budget Office, smiles as he listens to U.S. President-elect Barack Obama speak about choosing Orszag as his choice for director of the Office of Management and Budget (OMB) during a news conference... View Photo »
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Peter Orszag, the current director of the Congressional Budget Office, listens as U.S. President-elect Barack Obama announces Orszag as his choice for director for Office of Management and Budget (OMB) during a news conference in Chicago, November 25, 2... View Photo »
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Peter Orszag (L), the current director of the Congressional Budget Office, listens as U.S. President-elect Barack Obama announces Orszag as his choice for director of the Office of Management and Budget during a news conference in Chicago November 25, 2... View Photo »
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Peter Orszag, the current director of the Congressional Budget Office, smiles as he listens to U.S. President-elect Barack Obama speak about choosing Orszag as his choice for director of the Office of Management and Budget (OBM) during a news conference... View Photo »
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WASHINGTON - OCTOBER 26: Former Congressional Budget Office Director Douglas Holtz-Eakin (R) answers questions during a forum hosted by the Congressional Health Care Caucus with Rep. Michael Burgess (R-TX) (L) and America's Health Insurance Plans Presi... View Photo »
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WASHINGTON - OCTOBER 26: Former Congressional Budget Office Director Douglas Holtz-Eakin listens to questions during a forum hosted by the Congressional Health Care Caucus on Capitol Hill October 26, 2009 in Washington, DC. View Photo »
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WASHINGTON - OCTOBER 26: Former Congressional Budget Office Director Douglas Holtz-Eakin delivers remarks during a forum hosted by the Congressional Health Care Caucus on Capitol Hill October 26, 2009 in Washington, DC. View Photo »
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Congressional Budget Office Director Douglas Elmendorf answers questions during a Senate Finance Committee hearing regarding health care reform on Capitol Hill in Washington, Tuesday, Oct. 13, 2009. View Photo »
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WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC)(2nd-R) speaks while flanked by Sen. Jim Bunning (R-KY)(2nd-L), Sen. Michael Crapo (R-ID)(L) and Sen. David Vitter (R-LA)(R) during a news conference on Capitol Hill on October 7, 2009 in Washington DC. View Photo »
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WASHINGTON - OCTOBER 07: Sen. Michael Crapo (R-ID) participates in a news conference on Capitol Hill on October 7, 2009 in Washington, DC. View Photo »
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WASHINGTON - OCTOBER 07: Sen. David Vitter (R-LA) speaks during a news conference on Capitol Hill on October 7, 2009 in Washington DC. View Photo »
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WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC) participates in a news conference on Capitol Hill on October 7, 2009 in Washington DC. View Photo »
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WASHINGTON - OCTOBER 07: Sen. Jim Bunning (R-KY) (C), speaks while flanked by Sen. Jim DeMint (R-SC) (L), Sen. Michael Crapo (R-ID)(2nd-L), Sen. David Vitter (R-LA)(2nd-R) and Sen. Mike Johanns (R-NE) during a news conference on Capitol Hill on October... View Photo »
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WASHINGTON - OCTOBER 07: : Sen. Jim Bunning (R-KY) speaks during a news conference on Capitol Hill on October 7, 2009 in Washington DC. View Photo »
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WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC) participates in a news conference on Capitol Hill on October 7, 2009 in Washington DC. View Photo »
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WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC) participates in a news conference on Capitol Hill on October 7, 2009 in Washington DC. View Photo »
About Congressional Budget Office
Wikipedia
The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government. It was created by the Congressional Budget and Impoundment Control Act of 1974. Full Article
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US President-elect Barack Obama leads the way out of a news conference after announcing Peter Orszag (L), the current director of the Congressional Budget Office, as his choice for director of the Office of Management and Budget (OMB) and Rob Nabors (C) , currently staff director of the...
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Peter Orszag (L), the current director of the Congressional Budget Office, listens as President-elect Barack Obama talks about choosing Orszag as his choice for director of the Office of Management and Budget during a news conference in Chicago, November 25, 2008.
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Reuters Pictures
U.S. President-elect Barack Obama introduces Peter Orszag (L), the current director of the Congressional Budget Office, as his choice for director of the Office of Management and Budget (OMB) and Rob Nabors (R), currently staff director of the U.S. House Appropriations Committee, as dep...
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WASHINGTON - OCTOBER 07: : Sen. Jim Bunning (R-KY) speaks during a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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WASHINGTON - OCTOBER 26: Former Congressional Budget Office Director Douglas Holtz-Eakin listens to questions during a forum hosted by the Congressional Health Care Caucus on Capitol Hill October 26, 2009 in Washington, DC.
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WASHINGTON - OCTOBER 07: Sen. David Vitter (R-LA) speaks during a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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WASHINGTON - OCTOBER 07: Sen. Jim Bunning (R-KY) (C), speaks while flanked by Sen. Jim DeMint (R-SC) (L), Sen. Michael Crapo (R-ID)(2nd-L), Sen. David Vitter (R-LA)(2nd-R) and Sen. Mike Johanns (R-NE) during a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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WASHINGTON - OCTOBER 07: Sen. Michael Crapo (R-ID) participates in a news conference on Capitol Hill on October 7, 2009 in Washington, DC.
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WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC)(2nd-R) speaks while flanked by Sen. Jim Bunning (R-KY)(2nd-L), Sen. Michael Crapo (R-ID)(L) and Sen. David Vitter (R-LA)(R) during a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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Reuters Pictures
Peter Orszag, the current director of the Congressional Budget Office, listens as U.S. President-elect Barack Obama announces Orszag as his choice for director for Office of Management and Budget (OMB) during a news conference in Chicago, November 25, 2008.
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Reuters Pictures
U.S. President-elect Barack Obama introduces Peter Orszag (L), the current director of the Congressional Budget Office, as his choice for director of the Office of Management and Budget (OMB) during a news conference in Chicago, November 25, 2008.
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Reuters Pictures
A copy of the Congressional Budget Office summer update on the Budget and Economic Outlook is seen in Washington, August 25, 2009.
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Reuters Pictures
Peter Orszag, the current director of the Congressional Budget Office, smiles as he listens to U.S. President-elect Barack Obama speak about choosing Orszag as his choice for director of the Office of Management and Budget (OMB) during a news conference in Chicago November 25, 2008.
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Getty Images
WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC) participates in a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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Reuters Pictures
Peter Orszag, the current director of the Congressional Budget Office, smiles as he listens to U.S. President-elect Barack Obama speak about choosing Orszag as his choice for director of the Office of Management and Budget (OBM) during a news conference in Chicago November 25, 2008.
View Photo » -
Reuters Pictures
Peter Orszag (L), the current director of the Congressional Budget Office, listens as U.S. President-elect Barack Obama announces Orszag as his choice for director of the Office of Management and Budget during a news conference in Chicago November 25, 2008.
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Getty Images
WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC) participates in a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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Reuters Pictures
Peter Orszag, the current director of the Congressional Budget Office, leaves a news conference where U.S. President-elect Barack Obama announced him as his choice for director of the Office of Management and Budget (OMB) during a news conference in Chicago, November 25, 2008.
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Getty Images
WASHINGTON - OCTOBER 26: Former Congressional Budget Office Director Douglas Holtz-Eakin (R) answers questions during a forum hosted by the Congressional Health Care Caucus with Rep. Michael Burgess (R-TX) (L) and America's Health Insurance Plans President and CEO Karen Ignagni on Capi...
View Photo » -
Getty Images
WASHINGTON - OCTOBER 07: Sen. David Vitter (R-LA) (R) speaks while flanked bySen. Jim Bunning (R-KY) (L) during a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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Getty Images
WASHINGTON - OCTOBER 26: Former Congressional Budget Office Director Douglas Holtz-Eakin delivers remarks during a forum hosted by the Congressional Health Care Caucus on Capitol Hill October 26, 2009 in Washington, DC.
View Photo » -
Getty Images
WASHINGTON - OCTOBER 07: : Sen. Jim Bunning (R-KY) (C), speaks while flanked by Sen. Jim DeMint (R-SC) (L), Sen. Michael Crapo (R-ID)(2ndL), Sen. David Vitter (R-LA) (2ndR) and Sen. Mike Johanns (R-NE) during a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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AP Photo
Congressional Budget Office Director Douglas Elmendorf answers questions during a Senate Finance Committee hearing regarding health care reform on Capitol Hill in Washington, Tuesday, Oct. 13, 2009.
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WASHINGTON - OCTOBER 07: Sen. Jim DeMint (R-SC) participates in a news conference on Capitol Hill on October 7, 2009 in Washington DC.
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Reuters Pictures
Douglas Elmendorf, Director, Congressional Budget Office, listens during the "U.S. Overview: When Will Growth Resume?" panel at the 2009 Milken Institute Global Conference in Beverly Hills, California April 27, 2009.
View Photo »
Reuters Pictures
Peter Orszag (L), the current director of the Congressional Budget Office, listens as President-elect Barack Obama talks about choosing Orszag as his choice for director of the Office of Management and Budget during a news conference in Chicago, November 25, 2008.
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When you take away the budget gimmicks used in the early years of the implementation that make the total cost look smaller, the truth is glaring and the Congressional Budget Office agrees: This plan will increase federal spending and health costs, not lower them
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The Congressional Budget Office revised its estimate of the House health care bill Thursday, saying it would shrink the deficit by $139 billion in the first decade, $30 billion more than earlier estimates and $9 billion more than the Senate bill unveiled Wednesday by Majority Leader Harry Reid (D-Nev.)
SOURCE: News-Medical.net -
Senate Majority Leader Harry Reid (D., Nev.) made a late change to his bill by adding an extra Medicare payroll tax, which would generate $54 billion over 10 years according to the Congressional Budget Office
SOURCE: News-Medical.net -
I'm encouraged by the projections from the non-partisan Congressional Budget Office that show this bill would cut the budget deficit by $127 billion over the first 10 years and by as much as $650 billion in the second decade ... It also achieves the goal of covering more people by extending guaranteed c...
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Imagine if the Congressional Budget Office analyzed the Congressional Budget Office ... They'd say there was no way this would work. That it was a totally feckless institution. The director is chosen by the Congress. The director can be fired by the Congress. The budget is controlled by the Congress. An...
SOURCE: Ezra Klein -
Once the (Congressional Budget Office) releases its cost analysis of (Majority Leader Harry) Reid's bill within a few days, for example, the Nevada Democrat plans to file the first procedural motion to bring the Senate bill to the floor next week
SOURCE: News-Medical.net -
Reid still has not finalized the Senate version of the legislation. He is waiting for additional analysis by the Congressional Budget Office, with an eye toward keeping the 10-year cost of the bill at the roughly $900 billion suggested by Mr. Obama. Some lawmakers and White House officials have voiced i...
SOURCE: Salon -
Once the bill's been approved by the Congressional Budget Office, we have, I believe, the assurance of 60 Democrats to move forward to floor debate ... During the course of that we'll try to find the sweet spot where we find 60 people to pass the bill.
– Dick Durbin SOURCE: The Hill -
This is no small matter ... To insist that members vote on this legislation without having cost estimates of Medicare and Medicaid impacts … or an estimate of premium impacts from the Congressional Budget Office seems premature and unwise.
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Now, on the other side of the aisle, Republicans have gotten favorable reports from the Congressional Budget Office on the cost of their health care bill. GOP lawmakers say that means premiums for millions of families will be almost $5,000 lower under their plan, compared to the cheapest plan in the Dem...
SOURCE: Media Matters for America -
In our number five story on the countdown tonight, the Congressional Budget Office finds that it would leave 18 million people uninsured and the government-run health insurance plan will probably charge consumers premiums that are quote, ‘Somewhat higher, higher than average premiums for the private pla...
SOURCE: Newsbusters -
The Congressional Budget Office offers an independent analysis
– Judy Feder SOURCE: The Union Leader -
The House legislation aims to provide health insurance of one form or another to almost all Americans at an expected cost just below $900 billion over 10 years, without increasing the federal budget deficit for at least 20 years, House Democrats said. Pelosi (D-Calif.) was awaiting official data Wednesd...
SOURCE: Beltway Blips -
I think we would disagree and I think elements of the Congressional Budget Office would disagree with [Lieberman's] analysis
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The pace of the negotiations is picking up. Sen. Chris Dodd (D-Conn.), who is representing the Senate Health, Education, Labor and Pensions Committee, said the merger group hopes to send a package to the Congressional Budget Office soon.
SOURCE: Medical News Today -
I hope to get something to the (Congressional Budget Office) soon, but that's a relative term
SOURCE: Medical News Today -
The Congressional Budget Office estimates that the Energy Department could hand out more than $130 billion to nuclear and fossil fuel energy projects ... That's a lot of money. But what is even more alarming is that CBO's calculation is based solely on pending Energy Department loan guarantee applicatio...
SOURCE: YubaNet -
I have found, in the health care legislation that we have done — let's not set any deadlines. I'm going to do it just as quickly as I can, with the legislation being as quality as it can be ... I hope to get something to [the Congressional Budget Office] soon.
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Medicaid, one of the fastest-growing government programs for two decades, and the State Children's Health Insurance Program would grow from about 50 million people today to more than 60 million in 2019, according to data from the Congressional Budget Office and Kaiser Family Foundation. That would be th...
SOURCE: Medical News Today -
I'm still struggling with affordability. The Congressional Budget Office has produced charts showing that the American people will achieve savings, but we have to make sure that is the case.
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Since the time we voted on this bill until today, we’ve had new issues develop, we’ve had new scores from the Congressional Budget Office which is the non-partisan expert agency that reviews our legislation ... We felt it was important to talk about the issues. We’ve had some new developments, new infor...
– David Lee Camp SOURCE: Human Events Online -
A House-passed bill that targets climate change through a cap-and-trade system of pollution credits would slow the nation's economic growth slightly over the next few decades and would create 'significant' job losses from fossil fuel industries as the country shifts to renewable energy, the head of the ...
SOURCE: Globe and Mail -
Douglas W. Elmendorf, director of the Congressional Budget Office, said his agency had not estimated the impact of the bill on overall national health spending, public and private, and could not say whether it would ‘bend the cost curve,’ as Mr. Obama and lawmakers want.
SOURCE: ARRA News Service -
One problem with the industry-funded report is that it bases its prediction on provisions in the bill that increase costs, while ignoring others that seek to mitigate those costs -- such as subsidies to help many currently uninsured Americans purchase coverage ... The report also makes broad assumptions...
SOURCE: ABC News -
We're looking at the House bill, which is the only bill at this point, and it's too expensive. According to the Congressional Budget Office, the bill actually drives up health costs
SOURCE: Albany Times-Union
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