Por: Fox News Politics May 31, 2023
House Republican leaders are dismissing the Congressional Budget Office’s (CBO) latest projection that says the debt limit deal struck by President Biden and Speaker Kevin McCarthy, R-Calif., would actually increase the number of people eligible for federal benefits. Tightening access to SNAP and other benefit programs has been touted as a touted by Republican negotiators, part of their overall demand to slash spending in exchange for raising... + full article
The Hill USA Business February 27, 2023
You don’t need to get very far into the new issued by the Congressional Budget Office (CBO) last week to discover that this report is a punch in the gut. The first sentence of the overview section bluntly , ”annual deficits over the 2024-2033 period average $2.0... + más
CBO warns of potential for U.S. default between July and September, as debt-limit standoff persists | MarketWatch
Fox News USA Politics February 27, 2023
The most staggering thing about a recent report about the nation’s fiscal health wasn’t that lawmakers must lift the debt ceiling this summer or the nation could default.We’ve known that for a while – although the drop-dead date is fudgy at best.The most shocking thing... + más
Biden student loan handout to cost more than $400 billion: CBO | Fox News
MarketWatch USA Business February 15, 2023
The CBO said its projection of the cumulative deficit over the 2023–2032 period is now $3.1 trillion more than its earlier estimate, “largely because of newly enacted legislation and changes in CBO’s economic forecast, including higher projected inflation and interest... + más
CBO’s bleak 2023 outlook: High inflation, slower growth, larger budget deficit | Fox Business
MarketWatch USA Politics February 15, 2023
Fox Business USA Business December 01, 2022
Main Street Asset Management CIO Erin Gibbs and Geltrude & Co. founder Dan Geltrude debate Fed Chair Jerome Powell's inflation strategy on 'Cavuto: Coast to Coast.' will lead to slow economic growth, reduced purchasing power for families and larger budget... + más
If you think the deficit is bad now, it will soon get worse | The Hill
Los Angeles Times USA Business September 28, 2022
The Congressional Budget Office has released its long-awaited estimate of the cost of President Biden's student debt relief program, and as expected, it looks like a big number: $420 billion. In its raw form, the figure evokes the line often attributed (perhaps... + más
Cost of canceling student debt: Roughly $400 billion, CBO says | Portland Press Herald
Biden’s Student Debt Forgiveness Plan Will Cost $400 Billion, CBO Finds | Forbes
Fox News USA Politics September 26, 2022
move to cancel up to $10,000 in student loans for many borrowers — and up to $20,000 for others — will cost more than $400 billion, according to the nonpartisan Congressional Budget Office (CBO).CBO estimates that the cost of student loans will increase by about an... + más
Column: Student debt relief might cost $420 billion. That's a bargain | Los Angeles Times
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