Statement on the Appointment of Keith Hall to Director of CBO
Statement on the Appointment of Keith Hall to Director of CBO
NEW YORK — Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the appointment of Dr. Keith Hall to serve as Director of the Congressional Budget Office (CBO), succeeding Douglas Elmendorf:
“We congratulate Dr. Keith Hall on his appointment to be the next Director of the Congressional Budget Office. Dr. Hall has a very impressive background, and we wish him well in this important role. CBO serves as a critical resource to Congress and the American people, providing an essential, independent voice in the budgetary process that helps improve understanding of our fiscal challenges. In an increasingly difficult political environment — and with many unanswered questions about America’s long-term fiscal and economic future — CBO’s role is more important than ever.”
Further Reading
The Rising National Debt Means Fewer Jobs, Lower Wages for Young People
The national debt is growing faster than ever, and the consequences for the job market are serious.
Social Security Is in Trouble. What Does That Mean for Younger Americans?
Social Security’s looming insolvency is also a threat to the economic future of younger Americans.
How Does the National Debt Affect Inflation, Housing Costs, and the Job Market for Young People?
The unsustainable national debt poses a risk to our economic future, and young Americans may have the most to lose.