Economic Forecasts and the Roles of Deficit Reduction and Productivity PDF ePub eBook

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Economic Forecasts and the Roles of Deficit Reduction and Productivity free pdf Excerpt from Economic Forecasts and the Roles of Deficit Reduction and Productivity The committee met, pursuant to notice, at 10:07 a.m., in room 210, Cannon House Office Building, Hon. John R. Kasich, chairman of the committee, presiding. Members present: Representatives Kasich, Walker, Kolbe, Herger, Smith of Texas, Miller, Lazio, Franks, Smith of Michigan, Inglis, Hoke, Molinari, Hoekstra, Largent, Myrick, Brownback, Shadegg, Sabo, Coyne, Costello, Johnston, Mink, Browder, Woolsey, Olver, Roybal-Allard, and Rivers. Chairman Kasich. The committee will come to order. We are fortunate this morning to have with us these four economists. Is the fourth here? He's not here yet. He's being picked up at the airport. Stephen Roach, the chief economist for Morgan Stanley- Roger Brinner, who will be here, from DRI- Laurence Meyer, professor of economics at Washington University- and of course, Barry Bosworth, the famous Barry Bosworth, a senior fellow at the Brookings Institute. How is Bill Frenzel doing over there? Are you keeping an eye on him? Mr. Bosworth. He's doing great. Chairman Kasich. I appreciate you folks making yourselves available. The purpose of the hearing, it will be followed up tomorrow with Chairman Greenspan, is to discuss some very critical issues that we are going to have to determine as we get closer and close to a budget resolution. Those are namely the issues of productivity, everybody in agreement obviously that productivity is up. But the question is do we have a trend? Is it something that has established itself? As you gentleman are aware, the administration has charged higher levels of productivity than has the CBO, and we'd be very interested in knowing your view on whether we do, in fact, have a permanent trend on higher productivity. Obviously, we'll want you to talk about what your feeling is about GDP growth, in light of the fact that it is likely we will have major deficit reduction produced by this Congress. That is our goal. It is going to be done with a combination of both entitlement and discretionary savings. The Speaker has reemphasized, even in light of the defeat of the balanced budget amendment, that we intend to try to lay something down that gets us to a balanced budget. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.

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Details Book

Author : United States Congress House Budget
Publisher : Forgotten Books
Data Published : 27 September 2015
ISBN : 1330857410
EAN : 9781330857410
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 168 pages
Age + : 15 years
Language : English
Rating :

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  • Economic Forecasts and the Roles of Deficit Reduction and Productivity free pdfEconomic Forecasts and the Roles of Deficit Reduction and Productivity

    Ebook Download Forum. Excerpt from Economic Forecasts and the Roles of Deficit Reduction and Productivity The committee met, pursuant to notice, at 10:07 a.m., in room 210, Cannon House Office Buildin