/tags/congressional-budget-office-cbo Congressional Budget Office (CBO) en-US Copyright KUNC/Community Radio for Northern Colorado 2020 Wed, 29 May 2013 21:39:00 GMT /npr-news/2013-05-29/the-10-biggest-tax-breaks-and-how-much-they-cost The nonpartisan Congressional Budget Office has a new study of tax breaks in the tax code, and sure enough most of the biggest ones benefit the wealthiest taxpayers. Wed, 29 May 2013 21:39:00 GMT /npr-news/2013-05-29/the-10-biggest-tax-breaks-and-how-much-they-cost S.V. Dáte /npr-news/2013-05-01/the-federal-deficit-is-actually-shrinking The Congressional Budget Office projects the deficit will drop below 4 percent of GDP next year and below 2.5 percent in 2015. Still, despite the improvement in the short run, the federal government faces long-term deficits, mostly tied to health care costs. Wed, 01 May 2013 20:17:00 GMT /npr-news/2013-05-01/the-federal-deficit-is-actually-shrinking Scott Horsley /npr-news/2013-02-28/85-billion-versus-42-billion-the-new-sequester-argument The Congressional Budget Office has a new report saying the forced budget cuts coming tomorrow are actually smaller than the number used by the White House. Thu, 28 Feb 2013 18:46:00 GMT /npr-news/2013-02-28/85-billion-versus-42-billion-the-new-sequester-argument Alan Greenspan, Alan Greenblatt /npr-news/2013-02-05/economy-to-slow-this-year-as-the-government-tightens-cbo-says The Congressional Budget Office expects 1.4 percent growth this year, down from 2.3 percent in 2012. The nation's unemployment rate will likely stay near 8 percent this year. Tue, 05 Feb 2013 19:03:00 GMT /npr-news/2013-02-05/economy-to-slow-this-year-as-the-government-tightens-cbo-says Mark Memmott /npr-news/2012-11-13/fiscal-cliff-would-only-dent-the-deficit Virtually everyone agrees that allowing the nation to fall off the so-called fiscal cliff would be a bad thing. Government programs would be cut, taxes would rise, and experts say the economy would fall back into recession. And after all that, the nation still would be dealing with a budget deficit. Tue, 13 Nov 2012 08:31:00 GMT /npr-news/2012-11-13/fiscal-cliff-would-only-dent-the-deficit Tamara Keith /npr-news/2012-11-08/cbo-warns-again-ignoring-fiscal-cliff-could-result-in-recession But the non-partisan government agency says it's a double-edged sword, because going over the cliff could also set up the economy for a healthy long run. Thu, 08 Nov 2012 22:24:00 GMT /npr-news/2012-11-08/cbo-warns-again-ignoring-fiscal-cliff-could-result-in-recession Eyder Peralta /npr-news/2012-09-20/challenges-to-health-law-just-keep-coming Oklahoma's attorney general claims that an IRS rule to implement the federal health overhaul law's subsidies for some insurance exchanges exceeds the agency's authority. The Congressional Budget Office says more people than previously estimated may have to pay a penalty for not having health coverage. Thu, 20 Sep 2012 20:29:00 GMT /npr-news/2012-09-20/challenges-to-health-law-just-keep-coming Julie Rovner /npr-news/2012-09-11/moodys-warns-of-downgrade-if-congress-doesnt-move-on-fiscal-cliff Speaker John Boehner also said that he had little hope of bringing the issue to a resolution. Tue, 11 Sep 2012 16:50:00 GMT /npr-news/2012-09-11/moodys-warns-of-downgrade-if-congress-doesnt-move-on-fiscal-cliff Eyder Peralta /npr-news/2012-08-22/deficit-to-be-1-1-trillion-unemployment-to-stay-above-8-percent-cbo-says The nonpartisan analysis arm of Congress has released its latest forecasts on the budget and the economy. Wed, 22 Aug 2012 14:16:00 GMT /npr-news/2012-08-22/deficit-to-be-1-1-trillion-unemployment-to-stay-above-8-percent-cbo-says Mark Memmott /npr-news/2012-05-29/dire-predictions-amid-another-looming-fiscal-battle The Bush-era tax cuts expire at the end of the year, along with the payroll tax break; the nation's borrowing authority bumps against its limit; and huge mandatory spending cuts — half targeting defense — are set to kick in. All this could trigger another recession, but Congress is unlikely to do much about it until after November's election. Tue, 29 May 2012 07:03:00 GMT /npr-news/2012-05-29/dire-predictions-amid-another-looming-fiscal-battle David Welna