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#congressionalbudgetoffice — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #congressionalbudgetoffice, aggregated by home.social.

  1. Golden Dome Plan May Cost $1.2 Trillion, Fueled by Space-Based Interceptors

    The proposed Golden Dome Plan could come with a staggering $1.2 trillion price tag over 20 years, largely driven by the ambitious deployment of 7,800 space-based interceptors. This massive undertaking is more than double the estimated cost from just last year.

    osintsights.com/golden-dome-pl

    #NationalMissileDefense #GoldenDomePlan #SpacebasedInterceptors #IronDome #CongressionalBudgetOffice

  2. Golden Dome Missile Defense Plan Faces $1.2 Trillion Price Tag

    The Congressional Budget Office warns that the ambitious Golden Dome missile-defense program comes with a staggering $1.2 trillion price tag, a cost that far exceeds initial estimates and raises questions about its feasibility. Even with this hefty investment, the system would still have significant limitations,…

    osintsights.com/golden-dome-mi

    #MissileDefense #GoldenDome #NationalSecurity #DefenseSpending #CongressionalBudgetOffice

  3. “FWIW, virtually no major forecaster or forecasting agency is projecting anything like this #productivity #boom. For example, the #CongressionalBudgetOffice (CBO) projects that #productivitygrowth will average 1.5% over the next decade.” open.substack.com/pub/deanbake...

    AI Productivity Boom and Short...

  4. “FWIW, virtually no major forecaster or forecasting agency is projecting anything like this #productivity #boom. For example, the #CongressionalBudgetOffice (CBO) projects that #productivitygrowth will average 1.5% over the next decade.” open.substack.com/pub/deanbake...

    AI Productivity Boom and Short...

  5. “FWIW, virtually no major forecaster or forecasting agency is projecting anything like this #productivity #boom. For example, the #CongressionalBudgetOffice (CBO) projects that #productivitygrowth will average 1.5% over the next decade.” open.substack.com/pub/deanbake...

    AI Productivity Boom and Short...

  6. Jamie Dimon warns ‘some kind of bond crisis’ is coming as US deficit soars — how to protect yourself before it arrives

    Earlier this week in Oslo, JPMorgan Chase CEO Jamie Dimon told a room full of institutional investors and…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Bond #Business #CongressionalBudgetOffice #crisis #DaveRamsey #institutionalinvestors #interestpayments #InterestRates #JamieDimon #RobertKiyosaki
    newsbeep.com/us/619017/

  7. Social Security Has a $25 Trillion Deficit – Here’s What Congress Is Doing About It

    Social Security is one of the most important senior benefits today. And without it, millions of older Americans…
    #NewsBeep #News #Personalfinance #AU #Australia #Benefitcuts #BipartisanPolicyCenter #Business #CongressionalBudgetOffice #Finance #PersonalFinance #retirementbenefits #SocialSecurity
    newsbeep.com/au/610388/

  8. America’s Fiscal Outlook Has ‘Deteriorated Modestly’

    The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #BudgetDeficit #Business #CongressionalBudgetOffice
    newsbeep.com/us/463067/

  9. CW: Long thread/3

    Today edition of the *Prospect* continues the series with an essay by #ElizabethWarren, describing how her proposal for #UniversalChildCare was defeated by the incoherent, deeply political assumptions of the #CongressionalBudgetOffice's model, blocking an important and popular policy simply because #ComputerSaysNo:

    prospect.org/economy/2023-04-0

    3/

  10. #CongressionalBudgetOffice believed to be hacked by foreign actor
    #CBO makes economic projections for lawmakers and scores legislation for how much it would add or subtract from national debt.
    Officials discovered incursion and worry communications between lawmakers’ and nonpartisan researchers could be accessed by an adversary or one of its digital proxies, as well as internal email and office chat, according to four people familiar with the hack.
    washingtonpost.com/business/20
    archive.ph/Ru7hU

  11. Yeah but #FuckElmo and fuck #TheBigBullshitBill aka #TheDeathBill

    The #CongressionalBudgetOffice estimates the new version of the bill would increase the deficit by nearly $3.3 trillion from 2025 to 2034, and leave 11.8 million more #Americans uninsured, both increases from the House-approved version.

    apnews.com/article/elon-musk-t

  12. Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.
    #YonhapInfomax #RobertRubin #USNationalDebt #StockMarketCrash #CongressionalBudgetOffice #GDPRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  13. Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.
    #YonhapInfomax #RobertRubin #USNationalDebt #StockMarketCrash #CongressionalBudgetOffice #GDPRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  14. Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.
    #YonhapInfomax #RobertRubin #USNationalDebt #StockMarketCrash #CongressionalBudgetOffice #GDPRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  15. Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.
    #YonhapInfomax #RobertRubin #USNationalDebt #StockMarketCrash #CongressionalBudgetOffice #GDPRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  16. #Republicans’ domestic policy legislation, pushed by House Speaker #MikeJohnson and #DonaldTrump, is officially revealed to have COLOSSAL consequences on the economic divide in the US , found by the the nonpartisan #CongressionalBudgetOffice youtu.be/rRRlQ2N-UgY?...

    Republican Tax Plan BUSTED As ...

  17. @GottaLaff

    "...the GOP budget plan would increase the deficit by $2.3 trillion over a decade."

    #Republicans immediately vaporize the #CongressionalBudgetOffice into ash, by #Trump #ExecutiveOrder

    #GOP #Budget problem: solved

  18. 'Significant risk' of US Treasury running 'out of funds' soon: Report - The United States Congressional Budget Office (CBO) has predicted... - cointelegraph.com/news/signifi #congressionalbudgetoffice #cbo

  19. #CBO Sees Greater #Risk That #Treasury Will Run Out of #Funds in Early June - Because tax receipts through April have been less than the #CongressionalBudgetOffice anticipated in February, we now estimate that there is a significantly greater risk that the Treasury will run out of funds in early June. We are providing this information in response to questions from lawmakers about our projections of revenues for the current year and the implications for the #debtceiling. cbo.gov/publication/59119?stre

  20. CW: Long thread/15

    Two of these if-I-were-a-horse models reign invisibly and totally over our daily lives: the #CongressionalBudgetOffice model and the #PennWhartonBudgetModel. Every piece of proposed government policy is processed through these models, and woe betide the policy that the model condemns. Thus our entire government is conducted as a giant, semi-secret game of #ComputerSaysNo.

    15/