CBO Presentation: The Economic and Budget Outlook

The Economic and Budget Outlook, November 2009. CBO Director Doug Elmendorf’s presentation to the American Association for Budget and Program Analysis.

  • “The country faces a fundamental disconnect between the services people expect the government to provide, particularly in the form of benefits for older Americans, and the tax revenues that people are willing to send to the government to finance those services. The fundamental disconnect will have to be addressed in some way if the budget is to be placed on a sustainable course.”
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