Upload

Loading...

CBO: President's "Stimulus" Hurts Long-Term Economic Growth

5,976

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Uploaded on Nov 15, 2011

WASHINGTON, November 15--In a Budget Committee hearing today, Congressional Budget Office Director Douglas Elmendorf admitted that his agency's long-term projections about President Obama's first stimulus bill show a negative long-term effect on economic growth.

As a centerpiece of his current economic agenda, the president is proposing a new, half-trillion dollar stimulus bill.

Loading...

Sign in to add this to Watch Later

Add to