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Blog

CBO Report Confirms States Should Reject Medicaid Expansion

Conservatives were right to warn that Governor John Kasich’s embrace of the Obamacare Medicaid expansion would increase government spending and hurt Ohio’s labor force, a February 4 Congressional Budget Office (CBO) report affirms.States still being pressured to take "free" Medicaid expansion money from DC should learn from Kasich's mistake.

02/07/2014
Obamacare and Job Lockout
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Blog

Obamacare and Job Lockout

Obamacare has been a drag on the US economy so far based mostly on uncertainty and on businesses preparing to comply with its various rules, mandates, penaties, taxes, and fees. But a new report from the CBO shows that the law will trap people in unemployment and cause higher deficits, piling onto the national debt while lower tax receipts make it harder for the government to repay.

02/07/2014
CBO Report Confirms That Deficit Reduction Leads To Economic Growth, Helps All Families
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Blog

CBO Report Confirms That Deficit Reduction Leads To Economic Growth, Helps All Families

On February 5, the Congressional Budget Office released a report titled, "Macroeconomic Effects of Alternative Budgetary Paths". Full disclosure: even to us policy wonks, this report sounds a bit dry. Not exactly 50 Shades of Grey, if you know what I mean. But this report did contain some very interesting nuggets. Prepared at the request of the Chair of the Senate Budget Committee, Patty Murray, I'm certain that it came as a bit of a surprise.

02/21/2013
Obama Lies, Taxes Rise
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Blog

Obama Lies, Taxes Rise

Last night during an interview for 60 Minutes, President Obama made the false declaration that "I haven't raised taxes."  But recent news coming out of the Congressional Budget Office (CBO) begs to differ, and a majority of proof that the President's statement is patently false comes from his signature legislation - Obamacare.During his interview, Obama blamed rhetoric and lies for the notion that he has raised taxes.

09/24/2012
Obamacare Already Restricting Access To Care And Causing Higher Prices
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Issue Analysis

Obamacare Already Restricting Access To Care And Causing Higher Prices

This may not be news to our regular readers and activists at FreedomWorks, since we all predicted such outcomes if Obamacare were to be implemented. In other words, we didn't need to pass the bill to see what was in it - we knew the whole thing stunk.

08/09/2012
Don't Greek Us Bro
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Issue Analysis

Don't Greek Us Bro

“Cry ‘Havoc!’  And let slip the dogs of war.”  This is a famous line from William Shakespeare’s play Julius Caesar.   It appears that the Congressional Budget Office have been brushing up on their Shakespeare.  For in their annual Long-Term Budget Outlook they have predicted that the debt will consume 76% of GDP by 2021, and in different scenarios the debt could be as high as 101% of GDP in ten years.  These figures have placed those in http://dailycall

06/22/2011
Discovered: An UNLIMITED Obamacare Slush Fund
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Blog

Discovered: An UNLIMITED Obamacare Slush Fund

Just when we thought there were no more brazen audacities left to report about in Obamacare, here comes a doozy.    House Republicans have uncovered, tucked away in Section 1311(a) of the Patient Protection and Affordable Care Act (PPACA), an UNLIMITED Obamacare implementation slush fund. That's right.  Unlimited.  

04/28/2011
CBO: Cap and Trade Bad for the Economy
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Blog

CBO: Cap and Trade Bad for the Economy

The CBO has determined that Waxman-Markey would slow the economy and created "significant" job losses over the coming years as the WaPo reports.

10/15/2009
Obama Adminstration "incorrect" about likely budget deficits
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Blog

Obama Adminstration "incorrect" about likely budget deficits

I used the word “incorrect” in the title because I’m feeling momentarily generous. A more precise word would probably have been “lied". Today’s news about deficits is, not surprisingly, much worse than the already-bad picture painted for us by the Obama administration and their ridiculously rosy economic forecasts. An AP article entitled “$1 trillion deficits seen for next 10 years” explains that:

03/20/2009