Budget and Economic Outlook
2020-09-23T14:29:39-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYzA1XC8yMDIwMDkyMzE0Mzc1NTAwM19oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==During testimony before the Senate Budget Committee the Congressional Budget Office (CBO) Director Phillip Swagel said the U.S. debt was “not facing an immediate fiscal crisis,” but he warned that the debt is high and expected to rise to record levels over the upcoming 30 years. Director Swagel urged Congress to take action to address the rising debt stating, “action is absolutely needed.” He also discussed the Federal Trust Funds, including the Highway, Medicare, and Social Security funds, which he said were all expected to be exhausted by 2031.
During testimony before the Senate Budget Committee the Congressional Budget Office (CBO) Director Phillip Swagel said the U.S. debt was “no… read more
During testimony before the Senate Budget Committee the Congressional Budget Office (CBO) Director Phillip Swagel said the U.S. debt was “not facing an immediate fiscal crisis,” but he warned that the debt is high and expected to rise to record levels over the upcoming 30 years. Director Swagel urged Congress to take action to address the rising debt stating, “action is absolutely needed.” He also discussed the Federal Trust Funds, including the Highway, Medicare, and Social Security funds, which he said were all expected to be exhausted by 2031. close
Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and tap the screen to see the at the bottom of the player. Tap the to see a complete list of all Points of Interest - click on any moment in the list and the video will play.
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.
People in this video
Hosting Organization
Purchase a Download
Budget and Economic Outlook
-
MP4 video - Standard
- Price:
- $4.99 or Free with MyC‑SPAN
-
MP3 audio - Standard
- Price:
- $0.99
Related Video
-
U.S. Fiscal Health
U.S. Comptroller General Gene Dodaro testified before the Senate Budget Committee on the Government Accountability Offic…
-
Senate Budget Committee Hearing on Federal Spending
The Senate Budget Committee held a hearing on federal government spending. U.S. Comptroller General Gene Dodaro testifie…
-
Senate Hearing on Budget and Economic Outlook
Congressional Budget Office Director Keith Hall before the Senate Budget Committee on the agency’s latest budget and eco…
-
CBO Budget and Economic Outlook Report
Congressional Budget Office (CBO) Director Keith Hall testified before the Senate Budget Committee about a recent CBO re…
User Created Clips from This Video
-
- 56 seconds
- 6 views