Sep 28, 2012 ... We're also told that Obama meant 12 percent, not 10 percent, and that 12 percent  figure does not represent a percentage of cumulative deficits ($6 ... is the  difference between the Congressional Budget Office's rosy 10-year budget  projection issued in January 2001 ($5.9 trillion in cumulative surpluses from ...
Jul 3, 2017 ... Including just the effects of economic feedback from deficit reduction would  reduce the cumulative defi- cit over the next 10 years by roughly $160 billion—or  about 0.1 percent of GDP, on average—compared with. CBO and JCT's  conventional estimate of the President's proposals. In 2027, debt held by the ...
Feb 7, 2014 ... Affordable Care Act (Public Law 111-148), the health care provisions of the  Health Care and ... (CBO) estimates that under current law, the deficit will ..... 1  percentage point of GDP over the next 10 years—from. 17.5 percent in 2014 to  18.4 percent in 2024. But out- lays are projected to rise twice as much, ...
Apr 6, 2017 ... during the hearing, but not with respect to any specific legislative proposal. As  you are aware,. CBO has prepared a number of estimates of the budgetary  effects of H.R. 3762, the. Restoring Americans' Healthcare Freedom  Reconciliation Act of 2015. In CBO's most recent cost estimate of that legislation ...
Mar 9, 2016 ... Last year, congressional Republicans adopted a budget calling for nearly $5  trillion of cuts in domestic programs over ten years, with about two-thirds of those  ... By ruling out any deficit reduction from revenues, Republican budgets leave  untouched the more than $1 trillion a year in tax expenditures — tax ...
The Congressional Budget Office most recently came out and analyzed the current (health care) plan and said that it was not only deficit-neutral, but also that over 10 years it would create a $6 billion surplus.