Doug Elmendorf Quotes
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Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise.
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On the contrary, the legislation significantly expands the federal responsibility for health care costs.
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We do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount and, on the contrary, the legislation significantly expands the federal responsibility for health care costs.
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This legislation will cut subsidies substantially; millions of people will lose health insurance, but certainly people will be worse off.
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CBO’s job is to do the analysis, and let the chips fall where they may.
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We’re spending more, we’re spending in places that people mostly like, and yet, in the abstract, people don’t much like government spending because it means higher taxes. So until we come clean with ourselves about that, it’s very hard to figure out what we should do about the budget.
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I think that the reaction to CBO’s analysis is a very reassuring sign that we are not in a post-factual world.
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The outlook for the Federal budget is bleak.
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I believe the Kennedy School needs to study both failures and successes of government, and we anticipated that students would have learned from engaging with and questioning Governor Snyder about his consequential role in decisions regarding Flint and many other issues during his eight years in office.