deficit

The Financial Consequences of the 2013 Immigration and Path to Citizenship Bill

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The Congressional Budget Office (CBO) has analyzed the recently passed Senate immigration bill – S744, Border Security, Economic Opportunity, and Immigration Modernization Act – that reforms the nation’s immigration system and provides a path to citizenship. The CBO concluded that the new laws being proposed would cut close to $1 trillion from the federal deficit […]

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Obama’s 2012 Budget Proposal – What It May Include

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[Updated Feb 14 2011] President Obama has officially released his administration’ $3.7 trillion fiscal budget blueprint for 2012, which will result in a $1.65 trillion deficit (10.9% of GDP) in the current fiscal year – the largest dollar amount in U.S. history. With cutting the federal deficit a big focus, the proposed budget would trim […]

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