Economic Outlook
Congressional Budget Office Director Douglas Elmendorf called the U.S. economic recovery “anemic” and projected that unemployment in the U.S… read more
Congressional Budget Office Director Douglas Elmendorf called the U.S. economic recovery “anemic” and projected that unemployment in the U.S. would not fall below eight percent before 2012. He also talked about the short-term impact of various spending and tax proposals Congress was currently considering to boost the economy, and talked about the long-term consequences of growing government debt. close
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