October 18, 2019

CBO: National Debt to Hit $19.1 Trillion Under Obama

The Congressional Budget Office is predicting that the national debt will rise by a bit more than half a trillion dollars for the next two years, which will leave the nation with a $19.1 trillion debt by the time President Barack Obama leaves office. That would be close to a doubling of the debt under […]

CBO: Deficits and Debt to Surge in Obama’s Final Year

Just a week after President Barack Obama boasted about slashing the federal deficit, the nonpartisan Congressional Budget Office estimates that deficit will rise in 2016. “The deficit projected by CBO would increase debt held by the public to 76 percent of GDP by the end of 2016, the agency estimates — about 2 percentage points […]

CBO: Repealing Obamacare mandate would save taxpayers $305B

Congressional budget minders say repealing Obamacare’s “individual mandate” would save taxpayers more than $305 billion and increase the number of uninsured Americans by 14 million over the next decade. The mandate requires people to obtain adequate health insurance or pay a tax penalty, unless they qualify for a financial exemption or other carve-outs spelled out […]

3 More Reasons To Get Rid Of ObamaCare, Hidden In The CBO Report

Forecasts: ObamaCare advocates tout a new Congressional Budget Office report saying that ObamaCare’s repeal would boost the deficit. But read the actual report. It tells a far different, more disturbing tale about this law. The report found that repealing ObamaCare lock, stock and barrel would boost the deficit by $353 billion. That was enough for […]

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