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Showing 11 - 18 of 18 results for "Budget Office"

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
... possibly unintentional - it is by no means insignificant. According to costings carried out by the Parliamentary Budget Office (PBO) on the Greens' very similar scheme, ruling out franking credits would save the government between $1.4 and $1.6 billion. ...

Ben's your uncle

BENJAMIN ONG  |  THURSDAY, 21 MAR 2013
... cuts...due to begin tomorrow". (Bloomberg, 28 February). And if you thought the IMF's cut unkind, the Congressional Budget Office (CBO) was meaner. At the end of Feb, Bloomberg wrote this, "Federal spending reductions due to start in March could lower ...

The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
... predicts will shave half a percent to its forecast 2.0% growth for the US this year. The one that the Congressional Budget Office (CBO) estimates would reduce employment by three quarters of a million jobs. It was so frightening that Wall Street closed ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
... 1 if Congress can't agree to reduce the deficit, which totaled $1.09 trillion in fiscal 2012. The Congressional Budget Office has said the world's biggest economy would slow by as much as 0.5 percent next year if Congress fails to prevent the measures ...

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
... lower last night. Not reinvesting these would be tantamount to reducing liquidity in the system. The Congressional Budget Office (CBO) estimates that the Fed's MBS investments would earn a record US$70 billion in profits this year. This follows a US$46 ...

Money flows lead to Africa

RUTH LIEW  |  TUESDAY, 22 SEP 2009
... markets. "In 2009 FDI flows to all regions will suffer from a decline," noted the report. The US' Congressional Budget Office defines FDI as financial investments by which a person or an entity acquires a lasting interest in, and a degree of influence ...

Meredith Whitney

BENJAMIN ONG  |  TUESDAY, 14 JUL 2009
... that showed the shortfall on America's budget reached US$1.1 trillion in the nine months to June. The Congressional Budget Office expects this to reach US$1.84 trillion when America's fiscal year ends in September - more than four times the previous ...

Daily economic update

... orders increased by 2.4 per cent. Interest rate watchers are also worried over the US budget. The US Congressional Budget Office (CBO) estimates that the country's budget deficit will increase to US$337 billion in 2006 from a deficit of US$319 billion ...
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