Doug Elmendorf - Quotes

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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. ---->>>

The outlook for the Federal budget is bleak. ---->>>

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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