The Congressional Budget Office typically doesn’t make a lot of news, but Tuesday the CBO was front and center in the media. Unfortunately, most in the media and many politicians completely misinterpreted what the CBO reported.
Thursday, the U.S. House of Representatives will vote for the 37th time to repeal President Barack Obama’s health care act. The political theater will give conservatives fodder for their constituents, but will end up costing voters even more.
If you have been hiding under a rock, you many not realize that Apple is set to unveil the new iPhone 5 Wednesday. But here’s the wild thing: it’s not just a new product, the iPhone may boost the entire U.S. economy.
Republican presidential nominee Mitt Romney trying to push back after a devastating new study from the non-partisan Tax Policy Center said his plan would increase taxes for lower and middle class voters while benefitting the wealthiest Americans the most.
The GOP rode to power in the House of Representatives on a promise to lower budget deficits and cut government waste; but their first legislative move may explode deficits, according to the Congressional Budget Office.