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    The Massive Costs of the Latest Obamacare Waiver

    Policymakers are still recovering from yesterday’s shocking admission by the Administration that it can’t implement Obamacare’s employer mandate without destroying jobs. The announced one-year delay in enforcement brings with it an immediate revenue loss. But by further encouraging firms to drop coverage now—allowing businesses to privatize gains and socialize losses—the … More

    Obamacare Shocker: Premiums Could Double

    This morning’s Wall Street Journal published its own analysis of premiums under Obamacare, and its conclusions will prompt shock—rate shock—among those who need to buy health insurance under the law’s new exchanges next year: Healthy consumers could see insurance rates double or even triple when they look for individual coverage … More

    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

    Federal Student Loans Cost Taxpayers Money

    This piece originally appeared on See Thru Edu, a project of the Texas Public Policy Foundation. The Congressional Budget Office has just released an assessment of what the Federal Direct Student Loan program will cost taxpayers using various accounting measures. As has been noted before, any student loan proposal should … 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

    House Farm Bill Would Outspend Obama on Most Expensive Farm Program

    The House farm bill would spend more than Obama on the most expensive farm program. Yes, you read that right. President Obama hasn’t all of a sudden become a fiscal conservative, but even he evidently recognizes how out of hand the crop insurance program has become. When it comes to … 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