CSPAN Washington This Week February 16, 2014
The flexibility to respond and raises the risk of a fiscal crisis down the road. The previous baseline budget projection of may 2013, you have raised the estimate between 2014 by 1 trillion. Most of the increase result from lower Economic Growth and lower tax revenue. Can you describe what economic factors have led to the lower Economic Growth projections . Can you describe what the impact for the federal debt will have on Economic Growth . And him and high amount of debt that we project will and will diminish Economic Growth by the end of the decade and growth by the end of the decade i and r...