2012 Budget and Economic Outlook
2012-01-31T12:17:06-05:00https://images.c-span.org/Files/e41/304060-m.jpgDouglas W. Elmendorf held a news conference on the projected economic outlook and budget deficit for fiscal year 2012. The agency shows the deficit falling to $1.08 trillion from $1.3 trillion in fiscal year 2011. Mr. Elmendorf also said he expects unemployment to remain around 8.9 percent in 2012 and that economic growth will remain slow.
Douglas W. Elmendorf held a news conference on the projected economic outlook and budget deficit for fiscal year 2012. The agency shows the… read more
Douglas W. Elmendorf held a news conference on the projected economic outlook and budget deficit for fiscal year 2012. The agency shows the deficit falling to $1.08 trillion from $1.3 trillion in fiscal year 2011. Mr. Elmendorf also said he expects unemployment to remain around 8.9 percent in 2012 and that economic growth will remain slow. close
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