January 26, 2011 CBO described a dismal economic scene, giving a cold splash of fiscal reality after Obama's successful State of the Union speech. The CBO not only pointed to the role of increased entitlement spending but tax cuts for the worsening picture.
January 26, 2011 In the past year, the nonpartisan Congressional Budget Office's forecast of the 2011 deficit has grown by about $500 billion.
January 18, 2011 A group of economists said mandates in the new law will be a disincentive to job creation. Many of the economists have played roles in the Republican administrations or have been GOP aides on Capitol Hill.
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