Newsmaker interview: Bailout watchdog warns of "doomsday cycle"

By Peter H. Stone

Neil Barofsky, the TARP special inspector general, tells the Center in an interview that the government has sown the seeds for a future fina

Excerpts from this story referencing "Congressional Budget Office":

"… cover most, if not all, of the $700 billion allocated for the program. The Congressional Budget Office estimated in November that TARP would end up costing taxpayers about $25 b …"

DOE contractor costs soar 44 percent due to pension losses

By Peter Newbatt Smith

An Energy Department contractor has an unusual explanation for a 44 percent cost overrun on a project to clean up millions of gallons of liq

Excerpts from this story referencing "Congressional Budget Office":

"… billion for the Medicare Part D program and $9 billion for its enrollees (Congressional Budget Office)NATIONAL SECURITY* Homeland Security Dept. canceled an automated system to …"

Treasury’s inability to raise debt limit could cause problems

By Laurel Adams

The debt limit, which is the ceiling on Treasury’s ability to pay obligations already incurred, could be reached as early as April....

Excerpts from this story referencing "Congressional Budget Office":

"… has been increased 12 times to the current level of $14.292 trillion. The Congressional Budget Office predicts that debt subject to the limit will exceed $25 trillion by 2021.F …"

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Insurance brokers seek health reform change to safeguard profits

By Josh Israel

Insurance brokers seek change in health reform provision to protect profits

Excerpts from this story referencing "Congressional Budget Office":

"… e expenses.The bill has 48 sponsors so far, including eight Democrats. The Congressional Budget Office has yet to score the bill, though it does not appear to directly affect sp …"

Whistleblower: Fannie Mae bungled HAMP anti-foreclosure program

By Michael Hudson

Fannie Mae executives bungled their stewardship of the federal government’s massive foreclosure-prevention campaign, creating a bureaucratic

Excerpts from this story referencing "Congressional Budget Office":

"… The bailout tab for the two has now reached at least $145 billion, and the Congressional Budget Office estimates it could eventually top $380 billion.Signing a contract to run t …"

Medicare: An entitlement out of control

By David Nather

If Congress had known in 1965 how expensive Medicare would become, it might not have approved the program in the first place. So Lyndon John

Excerpts from this story referencing "Congressional Budget Office":

"… ed down substantially, the debt could become even larger, according to the Congressional Budget Office.Medicare isn’t the biggest of the open-ended entitlement programs, which …"

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Push for safety oversight of electronic medical records is moving at a crawl

By Emma Schwartz

Nearly two years after the Obama administration announced plans to spend $40 billion to help doctors and hospitals adopt electronic medical

Excerpts from this story referencing "Congressional Budget Office":

"… t pervade our health care system.”Not everyone agreed. For instance, the Congressional Budget Office estimated in a May 2008 report that the government could end up spending m …"

PhRMA ads offer pat on the back to politicians who supported SCHIP

By Marianne Lavelle

They’re doing it for the kids. The nation’s leading drug makers have underwritten the largest political issue advertising campaign on the ai

Excerpts from this story referencing "Congressional Budget Office":

"… llion to 10 million youngsters. Unable to garner more votes and facing new Congressional Budget Office projections of growing costs, Democratic leaders last month abandoned effo …"

"… r of low-income uninsured children in the United States by 25 percent, the Congressional Budget Office estimates. The SCHIP expansion Congress voted on last fall would have adde …"

Fannie’s favorite son

By Matthew Lewis

The federal rescue plan for Fannie Mae and Freddie Mac is just waiting for the president’s signature at this point, but that doesn’t mean th

Excerpts from this story referencing "Congressional Budget Office":

"… e, which he said was necessary but “not a perfect plan,” and which the Congressional Budget Office estimated holds a worst-case potential cost of 25 billion taxpayer dollars …"

By 2020, 90 cents of every dollar will go to entitlements and debt interest

By Laurel Adams

Long-term simulations of government debt offer a cold, harsh look at the federal economic situation, according to the Government Accountabil

Excerpts from this story referencing "Congressional Budget Office":

"… l continue to run a deficit in the future, according to projections by the Congressional Budget Office.“Federal health care spending continues to grow faster that the GDP,” …"

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