by Jane Richey | Aug 1, 2012 | Constitutionally Limited Goverment, Free Markets
From the National Taxpayer Union: Last week the Congressional Budget Office (CBO) released a cost estimate for H.R. 6079, the Repeal of Obamacare Act, introduced by Representative Eric Cantor (with 162 cosponsors). The bill is the House’s latest legislative attempt to...
by Jane Richey | Jul 30, 2012 | Constitutionally Limited Goverment, Free Markets
President Obama’s health care law raises taxes by $1 trillion, according to a new report from the Congressional Budget Office. The individual mandate — which the CBO calls a “penalty tax,” in apparent deference to Chief Justice John Roberts — will produce $55 billion...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Free Markets
Two new reports out yesterday continue to knock down President Obama’s promises about Obamacare: his “If you like your plan, you can keep it,” and the promise to significantly shrink the ranks of the uninsured. According to a new study from consulting firm Deloitte,...
by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Federal debt will double by the middle of the next decade and reach more than twice the size of the entire U.S. economy by 2037 unless Congress changes course on taxes and spending, the Congressional Budget Office said in its latest analysis Tuesday. The CBO said it’s...
by Jane Richey | Jun 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Congressional Budget Office (CBO) at the request of the Senate Energy and Natural Resources Committee evaluated federal subsidies received by the various energy industries for fiscal year 2011. The agency found that energy-related subsidies totaled $24 billion, of...