Tag Archives: CBO

It’s Your Tax Dollar – Should Headstone Changes Be Made for Deceased Veterans at the Expense of Veterans in Nursing Homes, Increasing Your State’s Medicaid Payments?

Opinion:  Patricia Johnson Every once in a while I’ll read something and simply shake my head in disbelief.  H.R. 2701 basically falls into that category.  Before I continue, it’s necessary to explain my thoughts on death.  I don’t want anyone … Continue reading

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CBO – Federal Debt and the Statutory Limit – MARCH 2015

Opinion: Patricia L Johnson The Temporary Debt Limit Extension Act, Public Law 113-83, went into effect in February of 2014 and suspended the debt ceiling until March 15, 2015. What is the Debt Limit? The definition from Treasury follows: “The … Continue reading

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The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office

The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office. Note from P.L. Johnson The budget deficit for FY 2015 is estimated to come in at $468 billion, which is calculated at 2.6% of GDP and will be the lowest … Continue reading

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CBO and JCT latest estimates on costs of Affordable Care Act

cbo.gov/sites/default/files/cbofiles/attachments/45231-ACA_Estimates.pdf. “Relative to their previous projections made in February 2014, CBO and JCT now estimate that the ACA’s coverage provisions will result in lower net costs to the federal government.”

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U.S. National Debt – Cause and Effect

By Patricia L Johnson and Richard E Walrath Each year the CBO, Congressional Budget Office, releases a report titled The Budget and Economic Outlook with their projections for the period beginning the year it’s released and containing projections for the … Continue reading

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How About a Fact or Two Added to the Discussion of the 2.5 Million Lost Jobs

Opinion By Patricia L Johnson The Congressional Budget Office released their report “The Budget and Economic Outlook: 2014 to 2014” [1] on February 4, 2014. Republicans were positively ecstatic over the fact the report indicated 2.0 million jobs would be … Continue reading

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Do you know a Family or Individual Receiving Food Stamps?

By Patricia L Johnson November 1, 2013 is the day the increased benefits to the SNAP/Food Stamp benefit program in effect since the American Recovery and Reinvestment Act of 2009 are reduced by approximately 5.5 percent. Decreased benefits are dependent … Continue reading

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The Effects of Tax-Financed Spending v. Debt-Financed Spending

By Patricia L Johnson and Richard E Walrath President Clinton was voted into office in 1992 and served for eight years. When he took over the office of President we had three tax rates, 15%, 28% and 31% and the … Continue reading

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Congressional Budget Office – Estimated Impact of Automatic Budget Enforcement Procedures Specified in the Budget Control Act

Congressional Budget Office – Estimated Impact of Automatic Budget Enforcement Procedures Specified in the Budget Control Act.

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Congressional Budget Office – Budget and Economic Outlook: An Update

Congressional Budget Office – Budget and Economic Outlook: An Update. “The federal budget deficit totaled $1.23 trillion through the first 11 months of fiscal year 2011, CBO estimates–$28 billion less than the deficit incurred in the same period last year. … Continue reading

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CBO Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from April 2011 Through June 2011

Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from April 2011 Through June 2011 The American Recovery and Reinvestment Act of 2009 (ARRA) contains provisions that are intended to boost economic activity and employment … Continue reading

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Congressional Budget Office – Budget and Economic Outlook: An Update

Congressional Budget Office – Budget and Economic Outlook: An Update.

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The Congressional Blackmail Backlash

By Patricia L Johnson It’s not like they didn’t know the consequences, they knew. As we all know, appropriation bills begin in the U.S. House and each and every member of the 112th Congress received a copy of the letter … Continue reading

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A $145 Billion Increase to Deficit?

An opinion by Patricia L Johnson Determining whether or not a particular bill will be beneficial to this country generally begins with a request to the Congressional Budget Office [CBO] to determine costs involved and budget impact. In March of … Continue reading

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