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Maryland: Cbo

October 14, 2009 - 10:37 pm
NEWS FEED: Baltimore Reporter

The Huge Middle Class Tax Increase Coming Our Way With ObamaCare

By Robert Farrow

From Flopping Aces
The former CBO director, Douglas Holtz-Eakin, warns today on the effect ObamaCare will have on our economy and health care. These facts should be painfully obvious to those with even one iota of common sense. This bill will lead to a huge middle class tax increase:
Remember when health-care reform was supposed [...]

Read More at Baltimore Reporter >
There have been 5 comments posted in response to this story.

July 19, 2009 - 10:36 pm
NEWS FEED: Baltimore Reporter

Director of Cong. Budget Office: Federal Spending is “Unsustainable”

By Robert Farrow

Crossposted from Flopping Aces
Will Congress listen before it passes $TRILLIONS in new spending for health care?
This is frightening. Douglas Elmendorf, Director of the Congressional Budget Office posted the following on his blog:
The Long-Term Budget Outlook
By Douglas Elmendorf
Congressional Budget Office
July 16, 2009
Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most [...]

Read More at Baltimore Reporter >
There have been 22 comments posted in response to this story.

July 2, 2009 - 10:45 pm
NEWS FEED: Baltimore Reporter

Unemployment Continues to Skyrocket as Obama’s Stimulus Plan Fails

By Robert Farrow

Crossposted from Flopping Aces
Remember the CBO warning that Obama’s plan was worse than doing nothing? They were right!
Thursday news that employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent.

I’ve updated this chart:

The original chart (minus the actual unemployment figures in red) is from the [...]

Read More at Baltimore Reporter >
There have been 29 comments posted in response to this story.