Congressional Budget Office Director Douglas Elmendorf speaks about the office's annual Budget and Economic Outlook during a news conference at the Ford House Office Building in Washington on Feb. 5, 2013. (Associated Press)

Photo by: Jacquelyn Martin

Congressional Budget Office Director Douglas Elmendorf speaks about the office's annual Budget and Economic Outlook during a news conference at the Ford House Office Building in Washington on Feb. 5, 2013. (Associated Press)