Sentences with phrase «congressional budget office»

And before you go suggesting that's a made - up number spouted by Heartland or Rush Limbaugh, I'll save you from yourselves: it is an Obama administration Congressional Budget Office figure.

If the White House is serious, they must know that the proposal as it currently stands, which does not envision opening up any new areas previously closed to oil and gas production, will not produce any new federal revenues, at least as far as the Congressional Budget Office (CBO) is concerned.

Last month, the director of the Congressional Budget Office, Peter Orszag, told Congress that the average American household would pay $ 1,160 a year in higher prices when carbon dioxide emissions are cut 15 percent.

«It creates a permanent disincentive against business growth,» according to a report by the Congressional Budget Office (CBO).

According to Congressional Budget Office data, more than 90 percent of aviation excise taxes came from taxing passenger air fares, with the remaining coming from taxes on air cargo and aviation fuels.

The law increases the current federal budget deficit by about $ 1 trillion, according to the Congressional Budget Office.

But today there are just 2.8 workers per Social Security recipient and that number will fall to 1.9 by 2035, according to the Congressional Budget Office.

The country's future implicit liabilities, such as spending on Social Security and Medicare, are expected to increase from the current level of 10 percent of U.S. gross domestic product (GDP) to more than 16 percent of GDP in 2037, and will reach 25 percent of GDP by 2085, according to the Congressional Budget Office's 2012 long - term budget outlook.

The Congressional Budget Office projects that the Federal Government made about $ 50 BILLION on student loans in 2013.

The Congressional Budget Office originally estimated that PSLF will cost $ 24 billion in the next ten years which exceeds original predictions according to The Student Loan Report.

In fact, the Congressional Budget Office estimated that the government could save an estimated $ 61 billion from subsidizing student loans, and these savings were subsequently used to increase the yearly Pell Grant award to $ 5,500.

The Congressional Budget Office has put the number at a much more conservative $ 1.9 billion.

And last week, the nonpartisan Congressional Budget Office released its official score of the bill.Initial reports on the CBO score stated that the bill will decrease spending to federal student aid by $ 14.6 billion over the next 10 years.

The Congressional Budget Office had estimated that a shift to the chained CPI could lower deficits by as much as $ 233 billion over ten years.

Using interest - rate projections from the nonpartisan Congressional Budget Office, TICAS estimates that, without subsidized loans, currently eligible students would end up paying 16 percent more due to accrued interest charges and add $ 23.4 billion in costs to students over the course of 10 years.

The Congressional Budget Office projects that the deficit will increase by $ 506 billion this year.

According to Congressional Budget Office, it's estimated that the government will make as much as $ 135 billion over the next decade on student loans.

When estimating the budgetary effects of proposals to change federal loan programs, the Congressional Budget Office is required by law to use the method established in the Federal Credit Reform Act (FCRA).

This column will address that issue with the data now available from the Congressional Budget Office (CBO) and the Urban Institute.

The Obama Administration proposed a cap of $ 57,500 on loan forgiveness, which the Congressional Budget Office estimates would save taxpayers more than 6.7 billion over 10 years.

The income tax cuts are expected to swell the deficit by over $ 1.5 trillion over the next 10 years, according to Congressional Budget Office estimates cited by InvestmentNews.

The Congressional Budget Office (CBO) supported the move, quoting different motivations.

The agency asserts that these changes will bring capital reserves back to 2 % fairly soon, but the Congressional Budget Office is skeptical.

Congressional Budget Office estimates that the Government is going to lose $ 170 billion of taxpayer money over student loan programs in the next ten years.

Even with the Congressional Budget Office estimating that a cap on all public service loan forgiveness could save the federal government 5.4 billion dollars over the next 10 years, the proposal has not gained any traction in Congress.

The 2010 Act cut out the banks» role as a federally subsidized middleman, which the Congressional Budget Office concluded would save Uncle Same $ 80 billion over the next ten years.

The Congressional Budget Office says that federal subsidies for manufacturing and purchasing EVs will cost taxpayers around $ 7.5 billion through 2019.

-- For purposes of this section, instrumentalities of the Congress include the following: the Architect of the Capitol, the Congressional Budget Office, the General Accounting Office, the Government Printing Office, the Library of Congress, the Office of Technology Assessment, and the United States Botanic Garden.

4) National: The Congressional Budget Office says that eliminating the tax exemption for new Private Activity Bonds, which are frequently used in «public private partnerships,» would save the government $ 30 billion.

They worked together to craft a bill that addresses those shortfalls, while maintaining funding for the Race to the Top program and, according to the Congressional Budget Office, reducing the deficit.

A 2014 Congressional Budget Office Report estimated that increasing the federal minimum wage to $ 10.10 would «reduce total employment by 500,000 workers.»

Inspired by the University of Chicago Consortium on School Research, which has access to a broad range of Chicago Public School data, the D.C. group envisioned their think tank serving a similar function as the Congressional Budget Office.

The Congressional Budget Office predicts the Pell Grants will help over 7.5 million students continue their education after high school this year.

Truth is, according to a recent Congressional Budget Office report,

That's a huge expansion of federal higher education spending; for comparison, the Congressional Budget Office projects that the Pell Grant program, the biggest part of the federal financial aid budget right now, will cost $ 380 billion over the next 10 years.

The Congressional Budget Office estimates the tax bill will add $ 1.5 trillion to the deficit over 10 years.

And nobody was unhappy with the Congressional Budget Office's pre-agreement discovery that...

Our approach to valuing pensions, which considers both the generosity and the risk of pension benefits, is entirely consistent with economic theory, the way in which liabilities of all types are valued in the private sector, public - sector accounting standards in Canada and Western Europe, academic writings, and the judgments of officials at nonpartisan government agencies such as the Congressional Budget Office, the Federal Reserve, and the Bureau of Economic Analysis.

The Congressional Budget Office estimates that the 2010 reforms will save the government $ 61 billion over 10 years from payments now going to the private banking industry and nonprofit entities such as American Student Assistance (ASA) in Boston, one of the nation's 34 guarantors of the government - insured private loans.

The Congressional Budget Office estimates an increase in Pell spending of $ 21 billion from 2010 to 2014, with an additional $ 15 billion earmarked for students by 2019.

February 28, 2013 • 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.

The analysis of the nonpartisan Congressional Budget Office found that people making less than $ 100,000 a year (approximately 80 percent of American Chat with us in Facebook Messenger.

Medicare payments to Medicare Advantage plans are projected to surpass $ 154 billion in 2014, and account for more than a fourth of total Medicare spending, according to the Congressional Budget Office.

An August 2012 Congressional Budget Office report estimated the government would collect roughly $ 5 billion in the first 10 years after opening ANWR to energy development.

The researchers point to provisions in the Affordable Care Act to decrease Part D cost - sharing that are based on the Congressional Budget Office's prediction that Medicare's nondrug spending will be reduced by $ 35 billion through cost savings in medical services, primarily decreases in hospitalization.

But a recent study led by Northeastern associate professor Becky Briesacher challenges that assumption and suggests that the U.S. Congressional Budget Office's adopted a new costing method based on assumed cost - savings may be «premature.»

Greenhouse gas emissions from deforestation and land degradation accounted for 12 percent of global emissions between 2000 and 2005, according to a report by the Congressional Budget Office.

«We'd like the Congressional Budget Office to re-examine the policy,» Briesacher said.

The nonpartisan Congressional Budget Office calculated that the bill would cost $ 250 million annually to implement early on, and that's only if EPA were to halve the number of studies it used to 25,000 annually, said Representative Donna Edwards (D — MD).

If those trends continue over the next decade, they say, estimates of health care spending produced by the Congressional Budget Office and Centers for Medicare and Medicaid Services (CMS) Office of the Actuary could be off by hundreds of billions.