Tag Archives: congressional budget office

CBO Report Has The Cost Of Obamacare Doubling

CBO Report Has The Cost Of Obamacare Doubling

It’s becoming more and more clear that Obamacare is going to cost Americans dearly, as individuals. From skyrocketing premiums to our new part-time economy, the implementation of the law is going to be painful. And, according to the CBO, its going to be twice as painful in terms of the tax dollars it will cost

Federal Government Breaks Record In Tax Receipts

President Obama and his fellow Democrats say we need to raise taxes to fix the federal government’s debt and deficit problems, but the federal government just hit a new record for revenues shattering the previous high set in 2007: The federal Treasury expects to collect a record $2.712 trillion in taxes on Americans and U.S.

Shocker: "Fiscal Cliff" Deal Includes $330 Billion In New Spending, Adds $4 Trillion To Deficits

About those “spending cuts” that supposedly balance the $620 billion in tax hikes in the “fiscal cliff” deal passed by the Senate last night. Turns out, the bill increases both national spending and the ten-year window of budget deficits significantly. The “fiscal cliff” deal that was designed to save money actually includes $330.3 billion in

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