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26 Jan 2010 09:56

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U.S.: The ’10 federal deficit: Still huge, but at least it’s sloping downward

  • $1.4T the size of the deficit in 2009; that’s a record
  • $1.3T the estimated size of the deficit in 2010
  • $687B the size of the deficit by year 2020 source

20 Oct 2009 22:32

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U.S.: Nancy Pelosi’s got the House health care bill under $900 billion

  • The preliminary estimates we’ve seen from the CBO enable us to make our choices knowing that whatever choice we make will reduce the deficit and will pay for the bill.
  • House Speaker Nancy Pelosi • On reining in the cost of the health care bill while paying back the defecit. Currently, there are three separate bills that need to be merged together, but after the Congressional Budget Office took a look at the bills, they now feel they can reasonably combine them into something ready for a vote on the House floor. Hopefully, the Senate can get their stuff together, too. • source

07 Oct 2009 19:54

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U.S.: The Congressional Budget Office weighs in on Baucus’ health plan

  • $829 billion the cost of the new health care plan over the next ten years source