Congressional Budget Office Photos on Townhall

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              Congressional Budget Office Director Douglas Elmendorf gestures as he speaks about the office's annual Budget and Economic Outlook during a news conference at the Ford House Office Buil

    Congressional Budget Office Director Douglas Elmendorf gestures as he speaks about the office's annual Budget and Economic Outlook during a news conference at the Ford House Office Buil

    Posted: 2/5/2013 5:23:24 PM EST
    Congressional Budget Office Director Douglas Elmendorf gestures as he speaks about the office's annual Budget and Economic Outlook during a news conference at the Ford House Office Building in Washington, Tuesday, Feb. 5, 2013. The federal budget deficit will drop below $1 trillion for the first time in President Barack Obama's tenure in office, a new report said Tuesday. (AP Photo/Jacquelyn Martin)
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              FILE - In this Jan. 27, 2010 file photo, Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington. Will President Barack Obama’s health care

    FILE - In this Jan. 27, 2010 file photo, Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington. Will President Barack Obama’s health care

    Posted: 7/24/2012 4:33:29 PM EST
    FILE - In this Jan. 27, 2010 file photo, Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington. Will President Barack Obama’s health care law increase the government’s huge deficit or reduce it? How many people will it really cover? How much will it cost taxpapers? Congress’ nonpartisan budget scorekeepers release their findings, the first in-depth look at the law since the Supreme Court ruled it constitutional. (AP Photo/Manuel Balce Ceneta, File)
  •  - U.S. President Barack Obama delivers a statement announcing new efforts to enforce U.S. trade rights with China, from the Rose Garden of the White House

    U.S. President Barack Obama delivers a statement announcing new efforts to enforce U.S. trade rights with China, from the Rose Garden of the White House

    Posted: 3/13/2012 11:43:49 PM EST
    U.S. President Barack Obama delivers a statement announcing new efforts to enforce U.S. trade rights with China, from the Rose Garden of the White House in Washington, March 13, 2012. The estimated net costs of expanding healthcare coverage under President Barack Obama's landmark restructuring have been reduced by $48 billion through 2021 a new analysis from the nonpartisan Congressional Budget Office showed on Tuesday. REUTERS/Jason Reed
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    Posted: 12/4/2011 12:50:48 PM EST
    FILE - In this Oct. 26, 2011, file photo Congressional Budget Office (CBO) Director Douglas Elmendorf prepares to testify on Capitol Hill in Washington before the Joint Select Committee on Deficit Reduction. The spending on the table at years-end after three failed high-profile efforts at big deficit deals shows how hard it is to stem the government's flow of red ink. Lawmakers are poised to renew a Social Security tax cut, and to continue unemployment benefits to people out of work for more than half a year. (AP Photo/J. Scott Applewhit, File)
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    Posted: 12/4/2011 12:10:46 AM EST
    FILE - In this Oct. 26, 2011, file photo members of the Joint Select Committee on Deficit Reduction hold a public hearing with Congressional Budget Office Director Douglas Elmendorf, right, on Capitol Hill in Washington. The year-end spending on the table after three failed high-profile efforts at big deficit deals shows how hard it is to stem the government's flow of red ink. Lawmakers are poised to renew a Social Security tax cut, and to continue unemployment benefits to people out of work for more than half a year. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/22/2011 3:36:09 AM EST
    FILE - In this Sept. 13, 2011, file photo the Joint Select Committee on Deficit Reduction meets to hear from Congressional Budget Office Director Douglas Elmendorf about the national debt, on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. From left to right on bottom are: Rep. Jeb Hensarling, R-Texas, co-chair, Sen. Patty Murray, D-Wash., co-chair, Sen. Jon Kyl, R-Ariz. From left on top row are Sen. Max Baucus, D-Mont., Sen. Rob Portman, R-Ohio, and Sen. John Kerry, D-Mass. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., right, confer as the Joint Select Committee on Deficit Reduction meets to hear testimony about the national debt from the Congressional Budget Office director on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., center, listen as the Joint Select Committee on Deficit Reduction hears testimony about the history of the national debt by the Congressional Budget Office director on Capitol Hill in Washington, Tuesday, Sept. 13, 2011. At right is Senate Republican Whip Jon Kyl, R-Ariz. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/File/J. Scott Applewhite, File)
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    Posted: 11/21/2011 3:50:47 AM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., right, confer as the Joint Select Committee on Deficit Reduction meets to hear testimony about the national debt from the Congressional Budget Office director on Capitol Hill in Washington. Fanning out to the sets of various talk shows Sunday, Nov. 20, 2011, Democrat and Republican Supercommittee members blamed one another other for a deepening impasse that has all but doomed any chances for accord. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/20/2011 4:30:47 PM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., center, listen as the Joint Select Committee on Deficit Reduction hears testimony about the history of the national debt by the Congressional Budget Office director on Capitol Hill in Washington, Tuesday, Sept. 13, 2011. At right is Senate Republican Whip Jon Kyl, R-Ariz. (AP Photo/File/J. Scott Applewhite)
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    Posted: 10/27/2011 3:10:46 AM EST
    Wearing a shirt that says "Greed Kills," a protester disrupts a hearing of the deficit supercommittee with Congressional Budget Office (CBO) Director Douglas Elmendorf, seated at left, Wednesday, Oct. 26, 2011, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)
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    Posted: 10/27/2011 3:10:46 AM EST
    Congressional Budget Office (CBO) Director Douglas Elmendorf testifies on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, before the Supercommittee. (AP Photo/J. Scott Applewhite)
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    Posted: 10/27/2011 3:10:46 AM EST
    Supercommittee members, from left, Rep. Dave Camp, R-Mich., Rep. James Clyburn, D-S.C. and Rep. Fred Upton, R-Mich., take part in a hearing on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, where Congressional Budget Office (CBO) Director Douglas Elmendorf testified. (AP Photo/J. Scott Applewhite)
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    Posted: 10/27/2011 3:10:46 AM EST
    Supercommittee members, from left, Sen. Jon Kyl, R-Ariz., Sen. Max Baucus, D-Mont., Sen. Rob Portman, R-Ohio, and Sen. John Kerry, D-Mass., take part in a hearing on Capitol Hill in Washington, Wednesday, Oct. 26, 2011, where Congressional Budget Office (CBO) Director Douglas Elmendorf testified. (AP Photo/J. Scott Applewhite)
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    Posted: 9/14/2011 3:10:48 AM EST
    Members of the protest group Code Pink stand behind Congressional Budget Office Director Douglas Elmendorf at the start of a hearing on the national debt by the Joint Select Committee on Deficit Reduction, Tuesday, Sept. 13, 2011, on Capitol Hill in Washington. The panel, often called the "supercommittee, was created out of the bipartisan compromise during the debt ceiling crisis in August. (AP Photo/J. Scott Applewhite)
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    Posted: 9/14/2011 3:10:48 AM EST
    Joint Select Committee on Deficit Reduction Co-Chair Sen. Patty Murray, D-Wash., right, shakes hands with Congressional Budget Office Director Douglas Elmendorf, left, on Capitol Hill in Washington, Tuesday, Sept. 13, 2011, prior to Elmendorf testifying before the committee. Fellow committee Co-Chair Rep. Jeb Hensarling, R-Texas is at center. (AP Photo/J. Scott Applewhite)
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    Posted: 9/14/2011 3:10:48 AM EST
    Joint Select Committee on Deficit Reduction Co-Chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., center, listen as Congressional Budget Office Director Douglas Elmendorf testifies before the committee on Capitol Hill in Washington, Tuesday, Sept. 13, 2011. At right is committee member, Senate Minorty Whip Jon Kyl of Ariz., (AP Photo/J. Scott Applewhite)
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    Posted: 9/13/2011 5:35:46 PM EST
    Members of the protest group Code Pink stand behind Congressional Budget Office Director Douglas Elmendorf at the start of a hearing on the national debt by the Joint Select Committee on Deficit Reduction, Tuesday, Sept. 13, 2011, on Capitol Hill in Washington. The panel, often called the "supercommittee, was created out of the bipartisan compromise during the debt ceiling crisis in August. (AP Photo/J. Scott Applewhite)
  •  - Congressional Budget Office Director Elmendorf delivers testimony before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington

    Congressional Budget Office Director Elmendorf delivers testimony before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington

    Posted: 9/13/2011 3:30:48 PM EST
    Congressional Budget Office Director Douglas Elmendorf delivers testimony before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government budget savings over the next decade, following up on $917 billion in deficit reduction agreed in August. REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS)
  •  - Congressional Budget Office Director Elmendorf testifies before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington

    Congressional Budget Office Director Elmendorf testifies before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington

    Posted: 9/13/2011 3:29:18 PM EST
    Congressional Budget Office Director Douglas Elmendorf testifies before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government budget savings over the next decade, following up on $917 billion in deficit reduction agreed in August. REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS)