Tags » Congressional Budget Office

Congressional Budget Office: Debt Headed to 103% of Gross Domestic Product

Level Seen Only in World War II: ‘No Way to Predict Whether or When’ Fiscal Crisis Might Occur Here

Testifying in the U.S Senate yesterday, Congressional Budget Office Director Keith Hall warned that the publicly held debt of the U.S. 1,149 more words

Republics & Reichs

We have been warned -- again

You might have noticed all the hand-wringing among billionaires these days as to when the U.S. debt crisis will peak. You ask yourself: Why should I care? 569 more words

The Congressional Budget Office's Semi-Decent Dynamic Scoring of Obamacare Repeal

I’m a long-time advocate of “dynamic scoring,” which means I want the Congressional Budget Office and Joint Committee on Taxation to inform policy makers about how fiscal policy changes can impact overall economic performance and therefore generate “feedback” effects. 1,589 more words

Economics

Financing the ACA -- Explained, Updated, and Revealed!

Now that King v. Burwell has been relegated to history’s dustbin, let’s return for a deeper dive into the June 2015 report from the Congressional Budget Office… 861 more words

National Health Policy

Could the U.S. End Up Like Greece? II. How Long Will It Take?

My last blog post, “Could the U.S. End Up Like Greece?” compares Greece’s present fiscal situation (public debt at 180% of GDP) with our own current fiscal situation (public debt at 74% of GDP and rising fast).  293 more words

Jack Heidel

U.S. debt headed toward Greek levels

United States’ projected debt over the next 25 years looks a lot like Greece’s over the past 25.

With all the chaos unravelling in Greece, Congress would be wise to do what it takes to avoid reaching Greek debt levels.

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Politics

CBO -- China’s Growing Energy Demand: Implications for the United States: Working Paper 2015-05

China’s Growing Energy Demand: Implications for the United States: Working Paper 2015-05
Source: Congressional Budget Office

Growing rapidly in recent decades, China’s demand for energy has nearly doubled since 2005—making China the world’s largest consumer of energy.

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Business And Economics