C-Bo

Mulvaney OK With Keeping Individual Mandate, Provides No Guidance on How to Pay For It

The latest:<b>Mulvaney: White House ‘OK’ pulling individual mandate repeal from tax bill</b>White House budget director Mick Mulvaney said Sunday that the …

ObamaCare

Repealing the individual mandate would hurt the poor, help the rich

Speaking of the individual mandate, it turns out that CBO has analyzed how federal spending would change if the mandate were repealed. This is not …

ObamaCare

Study finds less coverage loss from repealing ObamaCare mandate

A new report from Standard & Poor’s predicts less savings and coverage loss from repealing ObamaCare’s individual mandate compared to the most …

Health Care

The Democrats' Inaccurate Talking Point

Nonpartisan congressional analysts estimate that 13 million fewer Americans would have health insurance by 2025 if the health care law’s individual …

Health Care

CBO: Republican tax plan would trigger big cuts to Medicare

The federal budget deficit, which Republicans used to pretend to care about, is poised to get vastly larger if the GOP tax plan passes. There’s …

Medicare

Republicans kill personal tax cut in order to save the corporate tax cut

Yesterday I was in a quandary: how, oh how, will Republicans manage to keep their tax bill from increasing the deficit in 2028 and beyond, as …

Taxes

GOP chairman 'increasingly' concerned about using old war authorization

The chairman of the House Armed Services Committee said Wednesday that he’s increasingly concerned that the current war authorization is …

Islamic State (ISIS)

How The CBO Drove Obamacare's Individual Mandate Repeal Into Tax Reform

Last night, Sen. Orrin Hatch (Utah) announced that the Senate Republican tax reform bill would include a repeal of Obamacare’s individual mandate. Why is this a big deal? It all goes back to the profound impact of Congress’ official fiscal scorekeeper, the Congressional Budget Office.<p><b>The individual</b> …

Health Care

The GOP Tax Plan is a Triple Punch to Health Care For the Middle Class

Republicans are desperate to pass their tax plan before anyone notices what’s in it. Why?<p>Three key parts — repealing the mandate, forcing Medicare …

Health Care

The Senate’s Improved Tax Bill

Senate Republicans released a revised tax-reform bill yesterday. Our concerns with the first draft of the bill were with its changes to the …

Conservative View

About That Loss of Health Insurance, by David Henderson

<b>Someone tells you that you have to buy something, and levies a penalty if you don't. So you buy it. Then someone else countermands the first person's</b> …

Insurance

The Republican tax bill could force billions of dollars in cuts to programs like Medicare

• <b>Republicans' Tax Cuts and Jobs Act would add $1.5 trillion to the federal deficit over 10 years.</b>• <b><br>According to the Statutory Pay-As-You-Go Act, or Paygo, the new debt must be offset or the Paygo requirement must be waived.</b>• <b><br>If Paygo is not waived it would trigger automatic cuts to programs like</b> …

U.S. Politics

CBO says it can’t do full score of tax bill before House vote

The Congressional Budget Office says it will be unable to do a full dynamic score of the House Republican tax reform bill that would show how it …

Republicans

ObamaCare Tax Relief

Republicans in Congress are plowing ahead on tax reform, and one obstacle is the complexity of Senate budget rules that limit how much taxes can be cut. The good news is that for once Washington’s fiscal fictions could be deployed to improve policy by repealing ObamaCare’s individual mandate as …

Opinion

Will Congress Push Public Debt to 97 Percent of GDP?

The Congressional Budget Office has released an analysis of the new House Republican tax plan which indicates that the deficit will increase by $1.7 trillion over the next decade. Obviously, that is not a good thing but how big a deal is it? Here are some numbers that provide some perspective on …

Economics

Kill the ObamaCare mandate to save the GOP tax cut

Congress is twisting itself into a pretzel to hold down the cost of tax cuts, but it’s overlooking a ready pot of gold there for the taking: ditching …

Opinion

Does the individual mandate work?

This chart sits at the middle of a big controversy:<p>This is CBO’s estimate of how many people would skip buying health insurance if the individual …

Individual Mandate

CBO Finds Smaller Deficit Reduction, Uninsured Increase From Individual Mandate Repeal

On November 8, 2017, the Congressional Budget Office (CBO) released a cost estimate on the effects of repealing the Affordable Care Act’s individual …

ObamaCare

New CBO Score shows Obamacare mandate repeal could cut deficit by $338 billion (with one huge catch)

According to the new Congressional Budget Office analysis released on Wednesday, the United States government would save $338 billion over the next …

Personal Finance

House GOP tax plan would add $1.7 trillion to deficit: CBO

The CBO's estimate did not take in to account possible economic growth.

Economy

Repealing the Individual Health Insurance Mandate: An Updated Estimate

The Affordable Care Act (ACA) includes a provision, generally called the individual mandate, that requires most U.S. citizens and noncitizens who …

ObamaCare

Vitals

Good morning ... <b>Big Axios News</b>: We're thrilled to announce Sinocism's Bill Bishop, one of the smartest minds on China, is moving his weekly must-read …

ObamaCare

Axing Obamacare individual mandate would save $338 billion: CBO

Repealing Obamacare's individual mandate would give GOP lawmakers an additional $338 billion over 10 years to help pay for their proposed tax cuts.<p>The Congressional Budget Office updated its estimate Wednesday in response to lawmakers' interest. Republicans are considering axing the unpopular …

Health Care

CBO revises deficit estimate from Obamacare individual mandate repeal

WASHINGTON (Reuters) - The Congressional Budget Office on Wednesday said that repealing the individual mandate for health insurance would reduce the federal budget deficit less than first forecast as it readied a revised analysis of a policy shift favored by Republicans.<p>The CBO, the nonpartisan …

ObamaCare

GOP tax bill would add $1.7 trillion to debt: CBO

The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 …

Economy

CBO: Repeal of individual mandate to reduce deficit by $338B

WASHINGTON, Nov 8 (Reuters) - The Congressional Budget Office said on Wednesday that repealing the individual mandate under Obamacare would reduce the federal budget deficit by $338 billion over the next decade, not the $416 billion that it had initially estimated.<p>The updated document will be …

Business

CBO lowers estimated deficit reduction impact from repeal of ACA

• Reuters reports that the Congressional Budget Office (CBO) has lowered its estimate of the impact of repealing Obamacare on the federal deficit. It …

Stock Markets

Scoring the Mandate

Some Republicans in Congress have advanced the idea of including a repeal of Obamacare’s individual mandate in the tax bill now being developed. This …

Health Care

Time to (Officially) Say Goodbye to the Individual Mandate

In a very clever turn of the tables, Obamacare’s individual mandate may end up in the trash heap via Executive Order or by using the same logic …

Health Care

What’s Really Going On With the Republican Tax Bill?

What’s up with the Republican tax bill, anyway? The Senate voted to approve a maximum increase in the deficit of $1.5 trillion over ten years, which …

Liberal View