Topic - Douglas W. Elmendorf

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  • ** FILE ** Douglas W. Elmendorf, director of the Congressional Budget Office. (Andrew Harnik/The Washington Times)

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  • Douglas W. Elmendorf is director of the Congressional Budget Office.

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  • ** FILE ** Douglas Elmendorf, director of the Congressional Budget Office. (AP Photo)

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  • BLOOMBERG NEWS
Douglas W. Elmendorf, director of the Congressional Budget Office, testified Wednesday to a House subcommittee. He made a pitch to add new staff to his stressed-out team, noting the work is so continuous that his computer technicians have a hard time finding a chance to update software.

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Quotations
  • "We missed the extent to which this recovery was very slow," says Mr. Elmendorf.

    EDITORIAL: Debt-ceiling cowardice costs →

  • "Such large and growing federal debt could have serious negative consequences," says CBO Director Douglas W. Elmendorf, "including restraining economic growth in the long term, giving policymakers less flexibility to respond to unexpected challenges, and eventually increasing the risk of a fiscal crisis (in which investors would demand high interest rates to buy the government's debt)."

    EDITORIAL: Debt-ceiling cowardice costs →

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