congressional budget office
congressional budget office: Page 1
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CBO: Senate immigration bill means lower wages for millions of American for over a decade (S744, budget deficit) - 06/19/13
The Congressional Budget Office recently released a report containing economic projections for the Senate amnesty bill S.744 (cbo . gov/publication/44346).
CBO: foreign-born percentage highest in 90 years; 25% non-citizens in poverty; 38% foreign born from Latin America; fewer women work than native-born - 06/15/11
The Congressional Budget Office has released "A Description of the Immigrant Population" (PDF link, cached), showing, among many other things, that the percentage of foreign-born people living in the U.S. is now at its highest since 1920; see the chart attached below.
CBO estimate: anti-American DREAM Act would reduce deficit $140 million a year (i.e., by 0.001%) - 12/02/10
The current U.S. deficit is $13,840,173,213,129 [1]. Per a new Congressional Budget Office estimate, the anti-American DREAM Act would reduce that by around $140,000,000 per year over the next ten years. Over that ten years, per the CBO, the DREAM Act would reduce the deficit by 0.01% from its current value, a miniscule amount.
Immigration Policy Center absurd study claims immigration "reform" would help economy - 04/14/09
The Immigration Policy Center (IPC) - part of the American Immigration Lawyers Association-linked American Immigration Law Foundation - has released a new, canard-rich study called "What Immigration Reform Could Mean for the U.S. Economy" (immigrationpolicy.org/index.php?content=fc011309):
CBO evaluates healthcare plans; uninsured could reach 54 million by 2019; watch for liars - 02/25/09
Earlier today, Congressional Budget Office director Douglas Elmendorf testified to the Senate Finance Committee about various healthcare proposals, and his remarks are here ("Options for Expanding Health Insurance Coverage and Controlling Costs").
CBO: SAVE Act would have cost $40 billion over 10 years, incl. $30 billion for e-Verify (Tim Sparapani/ACLU lies) - 02/15/09
On April 4, 2008, the Congressional Budget Office - responding to a request from Rep. John Conyers - estimated the cost of H.R. 4088, the Secure America Through
Stimulus cost: $3.27 trillion over 10 years if Democratic programs allowed to continue - 02/12/09
Rep. Paul Ryan asked the Congressional Budget Office to estimate how much the stimulus plan would cost if increased funding for the twenty most Democratic Party-friendly provisions in the bill are made permanent.
CBO: predicts "slow recovery in 2010", non-disastrous recession *without a stimulus* - 02/09/09
On January 8, 2009, Robert Sunshine, Acting Director of the Congressional Budget Office, offered "The Budget and Economic Outlook: Fiscal Years 2009 to 2019" (PDF link, via this) in testimony before Congress. While the situation described sounds bleak, it's far from disastrous. In fact, they suggest that - without having to enact a stimulus - we'd have a "slow recovery in 2010".
So, while we'd go through some pain for a year or two, we'd come out of OK and without having to spend around a trillion dollars. Why not just grit our teeth for the next couple of years, perhaps taking a few...
CBO: stimulus bill will *reduce* GDP over the next decade, do more harm than good - 02/05/09
From Stephen Dinan of the Washington Times comes this:
President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.
CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing...
Interest cost on stimulus bill: $347 billion over 10 years - 01/27/09
Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate just the debt service on the stimulus plan (H.R. 1), i.e., how much it would cost in interest. You can download the PDF with the reply at reason.com/blog/show/131301.html; the important part of it is below as well as Boehner calling it a "trillion dollar spending bill":
Truth Fights Back, just not too well (John Kerry on anti-Obama smears) - 08/14/08
John Kerry's "Campaign for Our Country" has started a new website called Truth Fights Back (truthfightsback.com), and it's pretty bad. For instance, consider the post "Barack Obama is not aligned with Weather Underground", which combines 3rd-grade-level writing with 3rd-grade-level thinking. This is the "smear" (truthfightsback.com/site/smear/200):
Republicans have repeatedly pushed a bogus story about William Ayers, a member of the 60s-era Weather Underground. They make all sorts of bogus claims about his association with Barack Obama and repeatedly try to make the connection between the two...
Independent Task Force on Immigration - 01/15/07
A group convened by the Migration Policy Institute in partnership with Manhattan Institute and the Woodrow Wilson International Center for Scholars which published "Immigration and America's Future:A New Chapter" ( link) in [[September, 2006]]. Supports a "new, secure Social Security card" (possibly a national ID card) and "path to legal status for unauthorized immigrants" (a massive amnesty for illegal aliens).
As of creation time, this is the list of those involved: