Topic - Douglas Elmendorf

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  • FACT CHECK: Anti-Obamacare chorus is off key

    New estimates that President Barack Obama's health care law will encourage millions of Americans to leave the workforce or reduce their work hours have touched off an I-told-you-so chorus from Republicans, who've claimed all along that the law will kill jobs. But some aren't telling it straight.

  • FACT CHECK: Anti-Obamacare chorus is off key

    New estimates that President Barack Obama's health care law will encourage millions of Americans to leave the workforce or reduce their work hours have touched off an I-told-you-so chorus from Republicans, who've claimed all along that the law will kill jobs. But some aren't telling it straight.

  • Congressional Budget Director Doug Elmendorf  talks about the economic outlook while testifying on Capitol Hill in Washington, Wednesday, Nov. 13, 2013, before the Congressional Budget Conference. (AP Photo/Jacquelyn Martin)

    CBO director: Short-term budget fix better than nothing

    If Congress can't agree on a long-term budget grand bargain, then even a short-term fix is better than nothing, Congressional Budget Office Director Douglas Elmendorf told lawmakers on Wednesday.

  • "We as a society have a fundamental choice of whether to cut back on [entitlements] or to raise taxes to pay for them. And so far, we've chosen to do very little of either," says Congressional Budget Office Director Douglas Elmendorf. (associated press)

    CBO says government finances will be in dire straits by 2038

    Federal taxes will go up, but spending will rise even faster over the next 25 years, leaving the national government in dire fiscal straits, according to projections the Congressional Budget Office released Tuesday.

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