CBO Report Confirms: Taxes Must Go Up
July 16, 2014
There's no other way to solve our long-term debt problems.
The hottest economist of 2014 uses data that understates middle-class wealth
Congressional Republicans apparently forgot to tell the Congressional Budget Office that Obamacare is a "train wreck."
The budget disproportionately balances the budget with cuts to programs for low-income Americans while leaving seniors unscathed.
CBO Teaches Republicans a Lesson: Governing Is Hard
February 25, 2014
Gosh, you mean there's a good reason Obamacare is so complicated?
Obamacare Critics Still Tell Just One Side of the Jobs Story
February 13, 2014
Economists are supposed to be more nuanced than politicians. Casey Mulligan, new hero to the anti-Obamacare right, hasn't been.
CBO Report: More Spending on Border Control Will Kinda Sorta Maybe Reduce Illegal Crossings
July 03, 2013
From the annals of “is this good news or bad news?”, today comes a new CBO report predicting that immigration reform as passed by the Senate will reduce illegal border crossings by one-third to one-half.
Today in Hackery: The Latest Attack on Obamacare
April 12, 2012
Critics of the Affordable Care Act keep insisting that the law will increase the deficit. But the best evidence we have, from the most trusted authorities we have, suggests that those critics are wrong – and that the law, if anything, will reduce the deficit. I know that many people find that difficult to believe. But, really, it’s neither complicated nor far-fetched. The law spends a lot of money, in order to make Medicaid available to more people and to provide subsidies for lower- and middle-income Americans buying private insurance.
Sorry, The CBO Did Not Say Health Reform Kills 800,000 Jobs
February 11, 2011
Republican pollsters have found that, to whatever degree people are upset about the Affordable Care Act, it is primarily a function of economic conditions rather than ideological opposition to the concept of the law. They accordingly have done everything to frame their opposition in terms of jobs, including titling their repeal bill the "Repealing The Job-Killing Health Care Law Act." Yesterday, CBO Director Doug Elmendorf testified before the House Budget Committee, and confirmed his agency's finding that the Affordable Care Act would, very slightly, reduce employment levels.
One More Time: Yes, Congress Can Make Health Care Cuts Stick
January 17, 2011
With the House Republicans planning a Wednesday vote on repealing the Affordable Care Act, I’m going to go back through some of their arguments over the next few days.