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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
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.
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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...
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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 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.
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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)(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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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. 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 DeMint (R-SC) participates in 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. 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 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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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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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 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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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.
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In 2008, President Bush’s last year in office, the federal government spent $2.983 trillion. Under Obama’s plan, according to the Congressional Budget Office, annual federal spending will climb to $4,982 trillion by 2019.
SOURCE: Red County -
Based on data from the Congressional Budget Office, a report by the seniors' lobby AARP estimated that an earlier proposal to expand Medicare to a narrower group would cost participants $634 a month. ... Another issue is whether participants will have access to the same doctors as they do on private ins...
SOURCE: News-Medical.net -
It is my understanding that at this point there is no legislative language, so I look forward to analyzing the details of the plan and reviewing analysis from the Congressional Budget Office and the Office of the Actuary in the Centers for Medicare and Medicaid
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I am encouraged by the progress toward a consensus on proposals to send to the Congressional Budget Office to review
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When the Senate health care bill was assessed, the Congressional Budget Office determined it would reduce the deficit by $130 billion in the first ten years and $650 billion in the decade after that
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This new report from the Congressional Budget Office is further evidence of what private forecasters and government economists have been saying: The Recovery Act is already responsible for more than 1 million jobs nationwide
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And on the Senate side ... the nonpartisan Congressional Budget Office estimated that Senate Majority Leader Harry Reid’s legislation would increase federal health outlays by $160 billion over the next decade.
SOURCE: ARRA News Service -
According to the nonpartisan Congressional Budget Office, this legislation would not add a penny to the federal deficit
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At the beginning of the health care debate, we were told that this trillion-dollar experiment would lower premiums for American families ... And yet just this morning, the independent Congressional Budget Office provided an analysis showing that the Democrat bill will actually increase premiums for Amer...
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The Congressional Budget Office, which is the independent scorekeeper in Congress, tells us that after all that is over, there will still be a substantial number of uninsured ... Oh by the way, all of you that have insurance, you are going to have to pay more for it, because it will drive up the cost of...
SOURCE: Cincinnati Enquirer -
Reid says the 2,074-page bill would expand health insurance coverage to 31 million more Americans. The nonpartisan Congressional Budget Office has estimated the cost of the plan at $849 billion over 10 years, though Republicans argue it's much more. A House bill was passed nearly two weeks ago
SOURCE: News-Medical.net -
If you have insurance you get taxed. If you don’t have insurance you get taxed. If you need a lifesaving medical device like a stint or a diabetic pump you get taxed ... The Congressional Budget Office says and the Joint Tax Committee says that these taxes imposed on others will be passed through.
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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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I was particularly pleased to see that the Congressional Budget Office has estimated that the bill will reduce the deficit by $127 billion over the next 10 years and as much as $650 billion in the decade following, saving hundreds of billions while extending coverage to 31 million more Americans
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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: Medical News Today -
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.
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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
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