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- Report
Letter to the Honorable Daniel K. Inouye
- Blog Post
CBO has just released its preliminary analysis of the Presidents budget. This analysis presents CBOs assessment of the budgetary outlook for the 2010-2020 period assuming enactment of the Presidents policy proposals and reflecting CBOs economic forecast and technical estimating procedures. The analysis compares that outlook with CBOs baseline projections, whichunlike the Presidents budgetassume that current laws and policies that affect federal spending and revenues remain unchanged.
- Blog Post
Last week I made presentations on the budget and economic outlook to both the Prosperity Caucus and the National Economists Club.
- Presentation
CBO Director Doug Elmendorf's presentation to National Economists Club
- Report
Economic and Budget Issue Brief
- Report
Letter to the Honorable Paul Ryan
- Blog Post
Federal laws try to protect taxpayers and recipients of government benefits from the effects of rising prices by specifying that dollar amounts in many parts of the tax code and in some programs be automatically adjustedor indexedfor inflation. Without such indexing, a rise in the general level of prices would alter the effects of federal policies even in the absence of action by lawmakers.
- Report
Testimony prepared for the Joint Economic Committee, U.S. Congress
- Report
Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output From October 2009 Through December 2009
- Blog Post
I testified this morning before the Joint Economic Committee about policies to increase economic growth and employment in 2010 and 2011. This hearing was originally scheduled for several weeks ago but then canceled because of the snow. My prepared remarks today were essentially the same as those released a few weeks ago and were based on CBOs January report on this topic and a follow-up letter to Senator Casey. My comments emphasized three points: