Topic: Doug Elmendorf
The Federal Reserve chairman is right in saying that we should be able to address current budget problems and plan for long-term fiscal sustainability at the same time
10/06/2011 03:00 pm
Voters will have a fundamental choice between reducing spending and getting the programs they want.
09/15/2011 01:00 pm
The bipartisan deficit 'super committee' is charged with finding $1.5 trillion in savings over 10 years. Can it find $450 billion more to fund Obama's jobs plan? Can it find $4 trillion? More?
09/14/2011 06:49 pm
The deal earlier this month that calls for big reductions in government spending will cut federal budget deficits in half over the next decade, the CBO projected Wednesday.
08/24/2011 04:29 pm
Warren Buffett says he pays less in federal taxes than lesser paid Americans. Where do Warren Buffett's numbers come from?
08/15/2011 04:33 pm
As if Congress needed any more reminding, the national debt will soon get out of control without significant tax hikes or spending cuts – or both, the CBO said Wednesday.
06/22/2011 03:17 pm
Congressional Budget Office Director Douglas Elmendorf discussed the "dangerous gamble" of a potential American default on its debt ceiling, the heavy impact of even slight shifts upward in US borrowing costs and his belief that a "great deal of the pain of this downturn lies in front of us still" at a June 14 Monitor breakfast.
06/16/2011 06:05 pm
The rising number of seniors and the increase in health-care costs means the US government will have to cut some things it has done in the past or raise taxes, says Douglas Elmendorf, director of the Congressional Budget Office (CBO).
06/14/2011 03:30 pm
Congressional Budget Office (CBO) Director Douglas Elmendorf said he could not predict with precision what would happen if Congress can't come to a compromise over increasing the US debt limit and a default takes place.
06/14/2011 01:36 pm
The CBO predicts a deficit of $1.5 trillion for 2011, but then steadily falling amounts through 2014. Good news? Not really. The CBO had to make assumptions about US policies its officials seem to have little faith will be implemented.
01/26/2011 05:23 pm