Mid-Year Budget Review
Ms. Rivlin, Mr. Baily and Mr. Cohen briefed reporters and answered questions about the findings of the mid-session review of… read more
Ms. Rivlin, Mr. Baily and Mr. Cohen briefed reporters and answered questions about the findings of the mid-session review of the federal budget. Ms. Rivlin reported that the latest estimate for the budget deficit for Fiscal Year 1995 is $160 billion, 45 percent below what it was 3 years ago. She said the review confirmed that the policies announced in the president’s ten-year balanced budget plan would turn the deficit into surplus by 2005. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Martin Neil Baily Member White House
- Alan Cohen Senior Adviser Department of the Treasury->Office of the Secretary
- Alice M. Rivlin Director Office of Management and Budget
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