Budget office chief urges cuts and revenue before super committee

The nation cannot sustain its spending and policies with the same level of tax revenues it has been accustomed to, the director of the non-partisan Congressional Budget Office said in testimony Tuesday to the joint deficit committee.

"Citizens will either have to pay more for their government, accept less in government services and benefits, or both," said the CBO's Douglas Elmendorf, according to remarks prepared by the first expert witness invited to testify to the panel.

That's a view that may seem basic or rudimentary, given all of the attention on the country's high unemployment, unease over the federal government's debt, and the launching of the so-called super committee of 12 lawmakers charged with recommending at least $1.2 trillion in spending cuts by Thanksgiving.

But Elmendorf's testimony comes at a time of keen political disagreements over what needs to be done both short-term and longer-term to tackle that debt and joblessness-including between the six Republicans and Democrats from both the House and Senate on the deficit panel. Elmendorf is the latest to suggest that a more-balanced approach may be preferable-one combining spending cuts with some new revenues or tax increases.

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

    Download
  • Cyber Risk Report: Cybercrime Trends from 2016

    In our first half 2016 cyber trends report, SurfWatch Labs threat intelligence analysts noted one key theme – the interconnected nature of cybercrime – and the second half of the year saw organizations continuing to struggle with that reality. The number of potential cyber threats, the pool of already compromised information, and the ease of finding increasingly sophisticated cybercriminal tools continued to snowball throughout the year.

    Download
  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

    Download
  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

    Download
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    Download
  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

    Download
  • eBook: State & Local Cybersecurity

    CenturyLink is committed to helping state and local governments meet their cybersecurity challenges. Towards that end, CenturyLink commissioned a study from the Government Business Council that looked at the perceptions, attitudes and experiences of state and local leaders around the cybersecurity issue. The results were surprising in a number of ways. Learn more about their findings and the ways in which state and local governments can combat cybersecurity threats with this eBook.

    Download

When you download a report, your information may be shared with the underwriters of that document.