Economic Outlook
2009-01-08T21:06:38-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZGQ2XC8yODMyMDctbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==A hearing was held on the budget and economic outlook prepared by the Congressional Budget Office. Witnesses testified about the state of the economy and the outlook which forecast a rise in the federal deficit to over $1 trillion by the end of fiscal year 2009, as well as a peak in unemployment rates around 9% and a contraction in gross domestic product of 2%.
A hearing was held on the budget and economic outlook prepared by the Congressional Budget Office. Witnesses testified about the state of th… read more
A hearing was held on the budget and economic outlook prepared by the Congressional Budget Office. Witnesses testified about the state of the economy and the outlook which forecast a rise in the federal deficit to over $1 trillion by the end of fiscal year 2009, as well as a peak in unemployment rates around 9% and a contraction in gross domestic product of 2%. close
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