Long-Term Budget Outlook

Douglas Elmendorf testified at a House Budget Committee hearing on the Congressional Budget Office’s (CBO) annual report on the… read more

Douglas Elmendorf testified at a House Budget Committee hearing on the Congressional Budget Office’s (CBO) annual report on the long-term budget outlook. CBO Director Elmendorf said the report reveals that the nation’s deficit levels were unsustainable. In addition, the nation’s debt was 74 percent of the gross domestic product (GDP). He said changes were needed to sustain health programs such as Medicare or taxes would need to be increased to keep the programs. close

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

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Long-Term Budget Outlook

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Program ID:
320465-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 16, 2014
Last Aired:
Jul 30, 2014

Airing Details

  • Jul 16, 2014 | 10:03am EDT | C-SPAN.org
  • Jul 16, 2014 | 10:47pm EDT | C-SPAN 2
  • Jul 17, 2014 | 3:40am EDT | C-SPAN 2
  • Jul 18, 2014 | 7:12am EDT | C-SPAN 2
  • Jul 20, 2014 | 2:01am EDT | C-SPAN 1
  • Jul 21, 2014 | 10:17am EDT | C-SPAN 3
  • Jul 29, 2014 | 11:36pm EDT | C-SPAN 3
  • Jul 30, 2014 | 5:18am EDT | C-SPAN 3
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