cbo

Congress Scorekeeper: Immigrants Boost Economy, Cut Deficit

by
Congress Scorekeeper: Immigrants Boost Economy, Cut Deficit

A “surge” of immigrants has boosted the U.S. economy recently and is projected to add almost $9 trillion to it through 2034, the nonpartisan Congressional Budget Office said in a new report Tuesday. The CBO, in an update to budget and economic forecasts made in February, said the current level of immigration of “other foreign … Read more

Expanding Medicaid May Be Far Less Expensive Than It Looks

by
Expanding Medicaid May Be Far Less Expensive Than It Looks

Conservatives have long badgered Congress’ own numbers crunchers, with some success, to say tax cuts aren’t as expensive as they look. But in a turnabout, liberals now have something to cheer for from the nonpartisan Congressional Budget Office. In a paper published last month, the CBO said Medicaid and other programs that provide a long-term … Read more