Douglas W. Elmendorf, director of the Congressional Budget Office, discusses the effects of revenue increases and spending cuts on the projected budget deficit.
This meeting is part of the C. Peter McColough series on International Economics presented by the Corporate Program and the Maurice R. Greenberg Center for Geoeconomic Studies.
Douglas W. Elmendorf
Douglas W. Elmendorf is the eighth Director of the Congressional Budget Office. His term began on January 22, 2009.
The Director of CBO oversees the agency's work in providing objective, insightful, timely, and clearly presented information about budgetary and economic issues. The Director supervises the numerous analytical papers and cost estimates produced by the agency, and he testifies frequently before Congressional committees. In managing the agency, the Director is responsible for a staff of about 235 people and an annual budget of roughly $40 million.
Before he came to CBO, Doug Elmendorf was a senior fellow in the Economic Studies program at the Brookings Institution. As the Edward M. Bernstein Scholar, he served as coeditor of the Brookings Papers on Economic Activity and the director of the Hamilton Project, an initiative to promote broadly shared economic growth.
Doug Elmendorf was previously an assistant professor at Harvard University, a principal analyst at the Congressional Budget Office, a senior economist at the White House’s Council of Economic Advisers, a deputy assistant secretary for economic policy at the Treasury Department, and an assistant director of the Division of Research and Statistics at the Federal Reserve Board. In those positions, he worked on budget policy, Social Security, Medicare, national health care reform, financial markets, macroeconomic analysis and forecasting, and other topics. He earned his Ph.D. and A.M. in economics from Harvard University, where he was a National Science Foundation graduate fellow, and his A.B. summa cum laude from Princeton University.
Chrystia Freeland is editor of Thomson Reuters Digital. In this role, which she was promoted to in April, Freeland has editorial control of the company’s consumer online, mobile, and digital properties including Reuters.com and its global suite of websites, as well as the flagship NewsPro mobile news applications. Freeland joined the company as Reuters’s global editor-at-large in 2010. Previously, Freeland served as US managing editor of the Financial Times, where she led the editorial development of the paper’s US edition and of US news on FT.com. During this time,the US print edition became the single largest edition of the newspaper. From 1999 to 2001, Freeland served as deputy editor of The Globe and Mail, Canada’s national newspaper. Freeland authored Sale of a Century, an account of Russia’s journey from communism to capitalism. She won the Business Journalist of the Year Award in 2004.