While Presidential hopeful Mitt Romney’s team scurries to deal with the fall out from his “entitlements” speech, President Barack Obama’s team is having their own “not how I’d hoped this would go” moment. The Obama campaign was dealt a serious blow on yesterday when the nonpartisan Congressional Budget Office (CBO) released a report indicating that…
Submitted by ORAYNAB MOHAMAD Although our elected leaders have agreed for years that health care reform is inevitable, they are either unwilling or unable to agree on a comprehensive bill. This gridlock has persisted after the passage of the Patient Protection and Affordable Care Act (PPACA) in 2010. Though the Supreme Court has ruled…
Days before the Congressional Budget Office (CBO) released its revised figures for the Affordable Care Act (ACA, or the health care act), the spin had already started. Depending on what you read, your take was either that we were approaching the end of the world wherein President Obama and the Supreme Court (SCOTUS) had bankrupted…
It’s done. The Senate and the House both voted today to extend the payroll tax cuts for the rest of 2012. Also in the bill? An extension of those unemployment benefits and the so-called “doc fix” for Medicare. In the Senate, the bill needed at least 50% support to pass; it got 60%. H.R. 3630,…
Kids, put on some good clothes and get in the car! We’re going out to celebrate! As it turns out, the country is only $1.28 trillion short this year. The nonpartisan Congressional Budget Office released its updated Budget and Economic Outlook today (downloads as a pdf) and it’s not all that bad. Okay, it’s not…