Budget and Economic Outlook

Doug Elmendorf spoke about a report on the budget and economic outlook. He also answered questions from reporters. The… read more

Doug Elmendorf spoke about a report on the budget and economic outlook. He also answered questions from reporters. The projections of the report showed that the federal deficit would exceed $1.3 trillion in fiscal year 2010, only slightly below the previous year’s record. Mr. Elmendorf warned about the long-term effects of high debt levels on the U.S. economy, and forecast elevated unemployment rates into 2014. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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Budget and Economic Outlook

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Program ID:
295106-1
Category:
News Conference
Format:
News Conference
Location:
Washington, District of Columbia, United States
First Aired:
Aug 19, 2010
Last Aired:
Aug 20, 2010

Airing Details

  • Aug 19, 2010 | 11:00am EDT | C-SPAN 2
  • Aug 19, 2010 | 8:01pm EDT | C-SPAN 1
  • Aug 20, 2010 | 2:20am EDT | C-SPAN 1
  • Aug 20, 2010 | 6:04am EDT | C-SPAN 1
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