2011 Budget and Economic Outlook
2011-01-26T20:01:12-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZmY1XC8yOTc3MTAtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Congressional Budget Office (CBO) Director Douglas Elmendorf spoke to reporters about the latest federal budget projections. He said he expects deficit spending of almost $1.5 trillion in 2011 with the federal debt rising to $18 trillion in 10 years. The outlook also showed moderate economic and job growth over the next few years in the absence of any changes to current laws.
Congressional Budget Office (CBO) Director Douglas Elmendorf spoke to reporters about the latest federal budget projections. He said he… read more
Congressional Budget Office (CBO) Director Douglas Elmendorf spoke to reporters about the latest federal budget projections. He said he expects deficit spending of almost $1.5 trillion in 2011 with the federal debt rising to $18 trillion in 10 years. The outlook also showed moderate economic and job growth over the next few years in the absence of any changes to current laws. close
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