Tag Archives: Congressional Budget Office

Millionaires on Medicaid

Expanding Medicaid coverage to an estimated nine million more Americans—as mandated by the Affordable Care Act—reinforces the idea that Medicaid only serves the poor. That perception is not accurate. And it distracts from a looming budgetary threat to the program: … Continue reading

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Obamacare Adding Fuel to Health Care Spending Crisis

Today’s Congressional Budget Office (CBO) report [2] reiterates the long-standing and obvious fact that there is a health care spending crisis approaching, resulting largely from the structurally flawed Medicare program and made significantly worse by Obamacare’s new unfunded entitlement spending. … Continue reading

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CBO Says Financial Crisis Likely

The Congressional Budget Office released its 2013 long-term budget outlook on Tuesday, stating that “a large and continually growing federal debt …would increase the probability of a fiscal crisis for the United States.” The report says under current laws and … Continue reading

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