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    Obamacare's Shortcomings in Two Charts

    Obamacare continues to fall short of the lofty predictions about it — and here are two new charts to prove it. The charts, included as part of a Congressional Budget Office (CBO) presentation over the weekend, summarize the CBO’s cost estimates of the law in the three years since its … More

    CBO Report Shows Us Worse Off After Immigration Reform (VIDEO)

    If 10 guests of The Heritage Foundation each bought a bag of popcorn during one visit, and 20 guests bought the same size bag at a later date, Heritage would sell more popcorn the second time. Bill Beach, chief economist on the minority staff of the Senate Budget Committee, used … More

    DeMint on Fox News: Immigration Bill Is “Going to Cost Americans Trillions”

    Heritage Foundation President Jim DeMint appeared on Fox News’s “Your World with Neil Cavuto” this afternoon to challenge the Congressional Budget Office’s report that immigration reform will boost the economy. “People are projecting without any data,” DeMint said. “This bill is going to cost Americans trillions of dollars.” DeMint said … More

    WATCH: Discussion on the Cost of Amnesty

    Yesterday, the CBO released its score of the Gang of Eight’s immigration bill. Heritage’s Derrick Morgan began analyzing the numbers immediately and saw major problems. The Gang of Eight bill: WILL NOT stop illegal immigration – Despite promises of a secure border, the bill would slow future illegal immigration by only 25 percent, according … More

    Morning Bell: Congress Is Trying to Fool You on Immigration

    Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 … More

    First Take on the CBO Report: Amnesty Hurts U.S. Workers

    The Congressional Budget Office (CBO) released its cost estimate and economic impact documents for S. 744, the Border Security, Economic Opportunity, and Immigration Modernization Act, today. We are still analyzing the lengthy reports, but already a few items stand out as noteworthy. Reducing Flow CBO reports that S. 744 would … More

    Chart of the Week: This Farm Bill 56 Percent More Costly Than Last

    The House is expected to take up its farm bill this week. As it does, legislators should bear in mind the excessive costs of the bill. The Congressional Budget Office (CBO) projected the last farm bill, in 2008, to cost $604 billion. The new House farm bill is projected to … More

    Obamacare Cost Rises by $30 Billion

    The Congressional Budget Office (CBO) issued a new statement on the budgetary effect of repealing the Affordable Care Act (Obamacare) for fiscal years 2014 to 2023. The CBO did not model or update a full scoring of repeal. It found that the cost of Obamacare has increased by $30 billion … More

    Morning Bell: Obamacare's Negative Impact on Seniors

    The Medicare program that provides health insurance to seniors faces a dire financial future. And Obamacare is making it worse. Medicare’s Part A trust fund is projected to be insolvent by 2026 and the total program has a long-term unfunded obligation of more than $35 trillion. This means the government … More

    The IRS, Obamacare, and You: The Taxes

    With the IRS under fire for its improper targeting of tea party groups, many Americans have also raised concerns about the agency’s activities relating to Obamacare. This week, we’ll be taking a look at just some of the many ways in which the IRS will be intimately involved with implementing … More