OK, found this from the CBO:
Title X would establish the Bureau of Consumer Financial Protection as an autonomous
entity within the Federal Reserve. The bureau would enforce federal laws related to
consumer financial protection by establishing rules and issuing orders and guidance.
CBO estimates that creating the BCFP would increase budget deficits by $3.2 billion over
the 2011-2020 period.
http://www.cbo.gov/ftpdocs/114xx/doc11454/s3217.pdf
Its from April 2010, so I don't know if more recent info is available.
My question is why would we enact a bureau that would increase our deficit by 3.2 billion dollars?
I have yet to see a claim on how much money consumers would be saved to see if this evens out.
Do any of the Bureau's supporters have this info?
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