Posts Tagged ‘Congressional Budget Office’
Government Motors – Taxpayers to be left holding the bag for GM bailout
When Congress and the Bush and Obama administrations gave away billions of taxpayer dollars to bailout General Motors, we were promised a return on our investment. They assured us we would actually make money on the deal but a report released today by the Congressional Oversight Panel shows that we have once again been deceived. [...]
Money matters – Real cost of Obamacare grows as the deficit balloons
Congress and the president have shown that they care very little about what the American people need or want or what is best of this country. They continue to spend money they don’t have, sinking this country further into debt and after passing the biggest entitlement program in the nation’s history, its true cost is [...]
CBO: Stimulus will do more harm than good
The hits keep coming for President Obama’s so-called stimulus plan. Now the non-partisan Congressional Budget Office says that while the plan may help in the short turn, it will overall be harmful over the longer term. From the Washington Times: CBO, the official scorekeepers for legislation, said the House and Senate bills will help in [...]