CBO Chief: America Can't Sustain Current Fiscal Policy

Congressional Budget Office (CBO) Director Doug Elmendorf says America’s current fical crisis must be dealt with sooner rather than later and says it should be a priority for Congress. (0:35)

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CBO Chief Talks Congressional Super Committee, Budget Deficit Reduction

At the Council on Foreign Relation Thursday, Douglas Elmendorf, director of the Congressional Budget Office, says the country’s aging population and rising health care costs mean budget policies from the past can no longer be maintained. (1:01)

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CBO Chief: US Can’t Achieve Sustainable Federal Budget Without Major Change

At the Council on Foreign Relation Thursday  Douglas Elmendorf, director of the Congressional Budget Office, says the US will need to change at least one major aspect of budget policy in a permanent and significant way. (00:30)

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Six Million People Eligible For Public Option In House Health Care Bill, Says Expert

Health Expert Trudy Lieberman says that the Congressional Budget Office (CBO) is estimating that only about six million Americans will be able to take advantage of the public option plan in the House health care bill. (0:29)
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Former CBO Chief Says Healthcare Bills Are Not Cutting It

Former Congressional Budget Office Director Doug Holtz-Eakin says during a conference call Monday hosted by the Galen Institute that while healthcare reform is needed, Congress is not writing a bill that will improve the health care system. (0:29)
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Public Option Will Have Same Problems As Medicare Says Former CBO Head

Former Congressional Budget Office Director Doug Holtz-Eakin says, during a conference call Monday hosted by the Galen Institute, that a public option will not aid in solving the fundamental problems of health care, and if it were to reimburse on the basis of medicare payment rates it would only add to the problem. (0:25)
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Former CBO Director: Real Healthcare Reform Is Needed

Former Congressional Budget Office Director Doug Holtz-Eakin says Monday, during a conference call hosted by the Galen Institute, that the public option is not a necessary component of the healthcare reform debate and will not solve the fundamental problems with America's health care system. (0:16)
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McConnell Criticizes Meeting Between Obama and Congressional Budget Office Director

Senate Minority Leader Mitch McConnell (R-Ky.) criticized a meeting between President Obama and the director of the Congressional Budget Office, an organization that provides non-partisan analysis of Congressional proposals. He said that the meeting could compromise the CBO's independence. (0:37)
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Steele Accuses Obama And Democrats Of "Malpractice"

Republican National Committee Chairman Michael Steele cites a report by the Congressional Budget Office, which says that the health care reform bill will not insure all Americans or reduce the cost of health care. He says that the government's health care will be inferior to current coverage. (0:39)
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CBO Director Elmendorf: You Can't Always Get What You Want

Douglas W. Elmendorf, director of the Congressional Budget Office says that healthcare effectiveness measures are meant to assist, not coerce, patient and physician decision making. He goes on to note that there are not enough resources to make every possible treatment available to every possible patient. "We ration everything somehow...usually by price..."
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A huge opportunity

Peter Orszag, of the Congressional Budget Office, talks about the percent of shares of healthcare in the United States that do not improve health outcomes. He found out that five percent of the total Gross Domestic Product, that means 700 billion dollars per year, goes towards procedures that do not improve health outcomes. (0:51)
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