The migrant wave welcomed by President Joe Biden’s border chief is imposing huge and unfair economic burdens on the working Americans who pay federal, state, and local taxes, according to Sen. Chuck Grassley (R-IA).
President Joe Biden’s deputies have let 6.2 million illegal migrants into the United States, according to the Congressional Budget Office (CBO).
The Congressional Budget Office (CBO) has conducted an assessment of the Journalism Competition and Preservation Act (JCPA), a bill pushed by lobbyists for the legacy corporate media that would allow the industry to form a cartel to pressure tech companies for financial handouts and other favors. The assessment is a sure sign that legacy media’s friends in Congress are refusing to accept defeat.
On Tuesday’s broadcast of CNBC’s “Squawk Box,” Congressional Budget Office (CBO) Director Phillip Swagel said that “we’ve seen the downsides” of massive government spending “over the past couple of years…with the inflation that resulted.” Although he acknowledged supply constraints were another
On Wednesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Congressional Budget Office Director Phillip Swagel stated that the U.S. has been able to keep interest payments on its debt lower because the dollar is the reserve currency, but
Spending would fall by $1.3 trillion, debt service costs would decline, and IRS funding cuts would reduce revenues, the CBO said Tuesday night.
The Congressional Budget Office (CBO) said in a report released on Tuesday that the Limit, Save, Grow Act would reduce the deficit by $4.8 trillion over the next ten years.
U.S. House Speaker Kevin McCarthy told Breitbart News in no uncertain terms that the House of Representatives this year will not pass a clean debt ceiling hike without spending cuts and that the House will not raise taxes.
On Friday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Congressional Budget Office (CBO) Director Phillip Swagel stated that while it is mathematically possible to balance the federal budget within ten years without touching Social Security and other
On Friday’s broadcast of CNBC’s “Squawk Box,” CBO Director Phillip Swagel said that fiscal policies under the Trump and Biden administrations and “the very strong demand push we’ve had over the last two years” are a factor in high inflation. Co-host Joe
On Friday’s broadcast of CNBC’s “Squawk Box,” CBO Director Phillip Swagel stated that “the fiscal trajectory in the U.S. is not sustainable right now.” But the U.S. does have time to act to fix this. CNBC Senior Economics Reporter Steve Liesman
The Biden administration’s ceaseless borrowing addiction has driven gross national debt past $31 trillion for the first time amid record inflation, rising interest rates, and fears of a looming recession.
Appearing Tuesday on the Fox Business Network’s Cavuto: Coast to Coast, former Congressional Budget Office Director Douglas Holtz-Eakin said the Democrats’ latest spending bill will have “zero impact” on the United States’ inflation outlook.
On Saturday’s “CNN Newsroom,” Rep. Dina Titus (D-NV) responded to an estimate by the Congressional Budget Office (CBO) that the Inflation Reduction Act won’t have much of an impact on inflation this year or next year by saying that many
Food prices are good indicators of where inflation is headed.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to the Congressional Budget Office’s
Inflation will continue to hurt American workers into 2023, the Congressional Budget Office (CBO) reported Wednesday.
President Joe Biden’s proposed budget for the coming year includes a 4.6 percent pay hike for federal civilian employees, twice as much as the budget’s assumed inflation rate.
Rep. Jason Smith (R-MO), the ranking member of the House Budget Committee, said in a statement on Friday that the $4.9 trillion Build Back Better Act will “bankrupt the economy” while Americans continue to suffer from soaring inflation.
Sen. Lindsey Graham (R-SC) told reporters on Friday that the true cost of President Biden’s $1.9 trillion reconciliation package is far more costly and debt-ridden than previously disclosed by the Congressional Budget Office (CBO).
Sen. Joe Manchin (D-WV) said Monday that the $1.7 trillion Build Back Better Act needs a “lot of changes” and that he remains skeptical as to whether Democrats can pass the bill before Christmas.
The Democrats’ Build Back Better (BBB) bill will add millions of new immigrants to the U.S. population in the first 10 years, on top of an amnesty for roughly 6.5 million people, according to the Congressional Budget Office (CBO).
The Congressional Budget Office (CBO) found Thursday that increased IRS enforcement funding in the Build Back Better Act would raise only half of the tax revenue the Joe Biden White House estimated.
The Congressional Budget Office (CBO) found Thursday that the Democrats’ mammoth legislation would cost $750 billion over five years.
On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” House Budget Committee Ranking Member Jason Smith (R-MO) stated that Democrats touted the Congressional Budget Office’s score of former President Donald Trump’s tax bill, but are now trying to preemptively discredit
Sen. Tom Cotton (R-AR) told Breitbart News in an exclusive interview that he and other Senate Republicans will not let the Democrats easily pass any “Build Back Better” (BBB) multi-trillion-dollar bill without a fight.
Two percent of Democrat staffers who work in Congress believe the debate about Biden’s radical reconciliation package has “helped them,” according to Punchbowl News on Wednesday.
House Speaker Nancy Pelosi (D-CA) and leader of the “progressive” caucus Rep. Pramila Jayapal (D-WA) plan to hurriedly rush President Biden’s reconciliation framework through the House without a Congressional Budget Office (CBO) score before Thanksgiving.
Senate Parliamentarian Elizabeth MacDonough has issued an opinion finding, again, that a “plan B” by Senate Democrats to slip an amnesty for millions of illegal aliens into a budget reconciliation package is outside the scope of budgetary matters.
Sen. Kevin Cramer (R-ND) defended his support of the so-called bipartisan infrastructure bill by leaving out key context surrounding the “woke agenda” in the mammoth $1.2 trillion, 2,702-page legislation.
A Congressional Budgeting Office (CBO) report found that the legislation would “lift some families out of poverty” but “other low-wage workers would become jobless”
The Coronavirus package will fail to include the $15 minimum wage hike due to a parliamentarian decision, President Joe Biden announced on Thursday.
