• Hearing: The Congressional Budget Office's Budget and Economic Outlook January 23, 2008 - Thank Chairman Spratt, welcome back Director Orszag. Short-Term Forecast Over the past few years, I think we’ve almost come to expect good news when it comes to our near-term deficit projections. We’ve seen dramatic declines in the federal deficit – well below projections – for each of the past thre... More

• Hearing:The Near-Term Outlook for the U.S. Economy January 17, 2008 - Thank you Chairman Spratt for organizing this hearing - it is well timed, and I can’t think of a more authoritative witness to discuss the state of the economy than Chairman Bernanke. Clearly, the Fed faces a particularly challenging environment right now. Americans have genuine, and legitimate, con... More

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