CBO: The State of the Economy and Issues in Developing an Effective Policy Response
Testimony, CBO, Statement of Douglas W. Elmendorf, Director, The State of the Economy and Issues in Developing an Effective Policy Response before the Committee on the Budget, U.S. House of Representatives, January 27, 2009. “The economy is currently enduring a recession that started more than a year ago. CBO projects that, in the absence of …