This morning I testified before the House Ways and Means Committee about the ways to reduce the economic cost of a cap-and-trade program for greenhouse-gas emissions by increasing firms flexibility in the timing of their emission reductions.
March 26, 2009
March 23, 2009
The CBOs budget projections released last Friday are based in part on our economic forecast. In this blog entry, I want to discuss how our projection of real (that is, inflation-adjusted) GDP, one of the most important economic factors in
March 20, 2009
We have just released our latest projections for the budget and economic outlook, updating the projections published in early January 2009.
March 17, 2009
CBO released a cost estimate yesterday for H.R. 1256, the Family Smoking and Tobacco Control Act.
March 13, 2009
Global climate change poses one of the nations most significant long-term policy challenges. While the potential damage from climate change is large, the potential cost of avoiding it is also large.
March 10, 2009
The Subcommittee on Health of the House Committee on Energy and Commerce invited me to testify this morning about the opportunities and challenges that the Congress faces in trying to make the health care system more efficientso that it can continue to
March 2, 2009
At the request of Senator Grassley and Congressman Camp, todayCBO released ayear-by-year estimate of the economic effects of the American Recovery and Reinvestment Act of 2009 (ARRA) asenacted on February 17, 2009.