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(Bloomberg) -- The surge in immigration will help bolster the US economy by about $7 trillion over the next decade by swelling the labor force and increasing demand, the Congressional Budget Office said on Wednesday.Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksTesla Asks Which Jobs Are Critical, Stoking Layoff FearsChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates&#x2...

43.3% from september 2020 to 21. car rentals up 43%. lodging is up almost 20%. the cost of steak up more than 19%. thats just in one year. weve got -- well, more than three years of the biden administration to go, and so far these numbers dont show any sign of relenting. >> you know, after the 2 trillion dollars reckless biden bailout bill that was passed in march, were seeing inflation fuel the fire. its absolutely awful. the price of gas in my home state is up 80% since january 20th. the cost ...

Legislation. now, the cbo projects that the u.s. economy is going to expand by 3.1% this year. this is down, by the way, of a previous forecast of 3.3%. but this years growth is largely attributed to companies being flush with cash thanks to the tax cuts combined with a surge in trading ahead of new tariffs. looking ahead to 2019, the cbo sticks with its previous projection that the economy will slow to a growth rate of 2.4%. in 2020, just 1.7%. and this is not all. the cbo also has fresh projec...

Economy. right now the congressional budget office forecasts an economic slowdown, thanks in part to president trumps trade war. the congressional budget office, with this groovy 70s logo, is a nonpartisan federal agency that provides independent analysis of economic issues to support members of congress in evaluating the cost and economic impact of legislation. the cbo projects that the u.s. economy will expand by 3.1% this year. that is down, down from a previous forecast of 3.3%. 2018s growth...

Permanent. other corporate side also made permanent as well. and you also have to factor in, which ive heard from susan collins, obviously still on the fence on this right now, the idea that repealing the individual mandate, the cbo projects over the course of ten years, each year that would raise premiums on average by 10%. for an individual who is getting -- or family who is getting a tax cut and then is facing premium hikes, that might cancel everything out. so those are all the dynamics at p...

That was her district nofs charleston, west virginia today. she is one of the republican senators who appears to be on the fence in this bill. it is down to one vote right now as to whether or not this will pass. if it does pass, the cbo projects will result in 22 million americans not the just losing the health insurance that theyre on but altogether lflt protests through the spring like we can continue to see today affect the way this vote ultimately goes. joining us, the co-executive director...

>> there are deep ideological divides between the moderates and the conservatives and what mitch mcconnell needs to do to even get on board, a couple of these senate republicans who are currently no, that task still remains very, very difficult and as my colleague, phil mattingly has reported, the plan for the time being is to get a plan in place by tethe end of this week members can think about it over the next weeks recess and then come back and have a vote. but i can tell you, while the membe...

This "fox news" poll shows democrats who fight against the health care will get much more support than those fighting for it. if everything else is equal. the numbers president obama touts now may not necessarily lead to a happily ever after ending. >> president obama likes to point to projections to show that obamacare is working. he says 8 million have enrolled in federal exchanges. and cbo says fewer than that have. >> 23% are now newly insured. >> thats why the cbo shows at the end of this y...

right. they think things are slowing down, it will welcome self-fulfilling because theyll stop spending. businesses stop hiring. and the economy could grind to a halt. let me tell what you im talking about. heres got news. we had 20 straight months of job growth in the united states. the pace of that growth is slowing. the last five months, there have been fewer jobs created each month than were created than in the month before. but jobs are being created, not lost. so that should make...

>> greta: bad news. not only are we drowning in debt we are getting sucked deeper under water. cbo just did an analysis of the federal budget. cbo projects by the end of this year the federal debt will be 62% of the nations gdp. how bad is that? in 0840% of our gdp that is just the beginning. steve moore joins us live. sounds like terrible numbers 60 to% of the gdp. what does that mean -- of 2% of the gdp what does that mean? >> they used the word unsustainable. [ talking over each other ] >> th...