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CBO -- Report on the Troubled Asset Relief Program—April 2014

Report on the Troubled Asset Relief Program—April 2014
Source: Congressional Budget Office

In October 2008, the Emergency Economic Stabilization Act of 2008 (Division A of Public Law 110-343) established the Troubled Asset Relief Program (TARP) to enable the Department of the Treasury to promote stability in financial markets through the purchase and guarantee of “troubled assets.” Section 202 of that legislation, as amended, requires the Office of Management and Budget (OMB) to submit annual reports on the costs of the Treasury’s purchases and guarantees of troubled assets.

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Business And Economics

CBO -- An Analysis of the President's 2015 Budget

An Analysis of the President’s 2015 Budget
Source: Congressional Budget Office

The President’s proposals would, relative to CBO’s current-law baseline, boost deficits from 2014 through 2016 but reduce them from 2017 through 2024, CBO and JCT estimate.

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Business And Economics

Congressional Budget Office Report in February Projects that Obamacare Will Shrink the American Economy by 2.5 Million Jobs

The announced departure of HHS Secretary Kathleen Sibelius marks the end of a chapter of American history. Sibelius, aside from President Obama, has been the most prominent public face on the signature initiative of the Obama administration – the Affordable Health Care Act.

President Obama

[VIDEO] The Hammer: CBOs New, Lower Obamacare Score Still Gargantuan

Charles Krauthammer: Under this administration, the American national debt has still managed to racked up $7 trillion over 5 years.

“This is unimaginable — almost undoable but Obama has succeeded in doing it.” 38 more words
Politics

8 Infuriating Facts To Remember On Tax Day

For The Federalist, Sean Davis writes:  Happy Tax Day, America! It’s not every day that you either get to write a big fat check to Uncle Sam or discover that you’d been loaning him money interest-free for the last year. 1,154 more words

Politics

ACA costs reduced? Maybe

The Affordable Care Act will cost the federal government less money than originally thought.

Good news, yes? Maybe.

http://www.msnbc.com/morning-joe/cbo-cuts-costs-obamacare-billions

The non-partisan Congressional Budget Office has reduced the estimated cost of the ACA to the government, which ought to bring cheer to those of us who support the ACA in principle. 182 more words

"Obamacare" Not Such a Disaster After All; Republicans Reconsider Opposition

The Congressional Budget Office (CBO) has issued a document entitled “Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act, April 2014″. 216 more words

Politics