Congressional Budget Office

Time for Politicians to Stop Deficit Fearmongering

October 20, 2017

The common misconception is that the government is doing something wrong when it runs a deficit, but what most people don’t understand is that there’s a matching surplus in another part of the economy, says economist Stephanie Kelton

Incremental Raises to Minimum Wage Will Not Increase Unemployment

February 26, 2014

Robert Pollin: A Recent Congressional Budget Office report claims that up to half a million jobs could be lost due to a minimum wage increase, but its claims are based on weak analysis and ignores the potential gains for workers’ standard of living

Deficit is Dropping but is there a Real Recovery?

May 22, 2013

Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway

Why Are People with Health Insurance Going Bankrupt?

March 29, 2013

Dr. Margaret Flowers and Kevin Zeese: Obama care will not put an end to medical bankruptcies – 80% of people going bankrupt due to healthcare costs had insurance