U.S. Economic Outlook
Douglas Elmendorf testified on the 2014 federal budget and economic outlook. The Congressional Budget Office report showed that the federal… read more
Douglas Elmendorf testified on the 2014 federal budget and economic outlook. The Congressional Budget Office report showed that the federal budget deficit would decrease in the short term before increasing over the upcoming decade. Regarding the impact of the Affordable Care Act, he told Committee Chair Paul Ryan (R-WI) that health insurance subsidies would create a disincentive to work for approximately 2.5 million workers, but during questioning from Committee Ranking Member Chris Van Hollen (D-MD) he also said the law would reduce the unemployment rate, Other topics included Social Security solvency and immigration reform. close
People in this video
More PeopleHosting Organization
Related Video
-
U.S. Economic Outlook
Douglas Elmendorf testified on the Congressional Budget Office report The Budget and Economic Outlook: 2014 to 2024.…
-
Budget and Economic Outlook
Doug Elmendorf spoke about the new Congressional Budget Office (CBO) release of its long-term budget outlook for the…
-
Fiscal Year 2016 Budget Proposal
Office of Management and Budget Director Shaun Donovan testified at a House Budget Committee hearing on the White…
-
Budget and Economic Outlook
Doug Elmendorf spoke about the new Congressional Budget Office (CBO) report on the budget and economic outlook. The CBO predicted…