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Maryland: Douglas Elmendorf

July 19, 2009 - 10:36 pm
NEWS FEED: Baltimore Reporter

Director of Cong. Budget Office: Federal Spending is “Unsustainable”

By Robert Farrow

Crossposted from Flopping Aces
Will Congress listen before it passes $TRILLIONS in new spending for health care?
This is frightening. Douglas Elmendorf, Director of the Congressional Budget Office posted the following on his blog:
The Long-Term Budget Outlook
By Douglas Elmendorf
Congressional Budget Office
July 16, 2009
Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most [...]

Read More at Baltimore Reporter >
There have been 22 comments posted in response to this story.

July 17, 2009 - 12:04 am
NEWS FEED: Baltimore Reporter

Budget umpire: Health care bills would raise costs

By Robert Farrow

WASHINGTON – Democrats’ health care bills won’t meet President Barack Obama’s goal of slowing the ruinous rise of medical costs, Congress’ budget umpire warned on Thursday, giving weight to critics who say the legislation could break the bank.
The sobering assessment from Congressional Budget Office Director Douglas Elmendorf came as House Democrats pushed to pass a [...]

Read More at Baltimore Reporter >
There have been 119 comments posted in response to this story.