House Hearing on Budget and Economic Outlook
Congressional Budget Office (CBO) Director Keith Hall testified before the House Budget Committee about a recent CBO report on the budget an… read more
Congressional Budget Office (CBO) Director Keith Hall testified before the House Budget Committee about a recent CBO report on the budget and economic outlook for fiscal years 2019 to 2029. Director Hall outlined the findings of the CBO report, which projected the deficit for 2019 to be around $900 billion and that it would exceed $1 trillion each year beginning in 2022. The report also estimated the deficit to rise between 4.1 percent and 4.7 percent of GDP over the next ten years. In the first Budget Committee hearing of the new Congress, members asked the director about the effects of the partial government shutdown, the Tax Cuts and Jobs Act of 2017, and how mandatory spending programs impact the national debt. close
Points of Interest
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Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and move your cursor over the video to see the . Click on the marker to see the description and watch.
You can also click the in the lower left of the video player to see a complete list of all Points of Interest from this program - click on any moment in the list and the video will play.
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