News Releases

Dr. Douglas Elmendorf, Director of the Congressional Budget Office (CBO), does not envy senators and the choices they must make in order to deal with the country’s growing deficits’ effect on the economy.

Elmendorf testified before U.S. Senator Mike Enzi, R-Wyo., and his Senate Budget Committee colleagues today that deficit reductions now “are good for the economy in the medium and long run and that is one of the difficult tradeoffs that you and your colleagues face.” 

Enzi believes short-term and immediate difficulties associated with deficit reduction will have to be endured if we’re to avoid devastating consequences later.  He pointed out that major drivers of government spending, entitlements like Social Security and Medicare, continue to run deficits.

“I am concerned that our nation is on an unsustainable fiscal path.  The CBO’s report makes it clear that while we might see a short-term reduction in deficits, the long-term outlook is far from positive.  We need to take steps now – reforming our entitlement programs and our broken tax code – to lay the foundation for long-term prosperity for all Americans,” Enzi said.

For audio and video of the exchange between Elmendorf and Enzi, click here.  Click here to access the CBO report.

Date Title
02/28/13 Prioritize, cut the worst first
02/28/13 VIDEO: Collecting common sense for Washington from Wyoming
02/27/13 Enzi to serve on tax, energy subcommittees
02/26/13 Senate moves Hagel Defense nomination forward without Enzi’s support
02/20/13 Summer internship opportunities for Senator Enzi’s D.C. office
02/15/13 Congressional CPA and Accountants Caucus organized for 113th Congress
02/14/13 Enzi: Difficult for Wyo. to effectively evaluate health exchange without info
02/14/13 Members of Congress introduce bipartisan bill to level the playing field for local merchants Files
02/14/13 Delegation: Blueways Program Just Another Washington Power Grab
02/14/13 Lock in fiscal sanity, go constitutional for balanced budget
02/14/13 Alexander Announces Enzi, Burr and Isakson to Serve as HELP Subcommittee Republican Leaders
02/13/13 Enzi says rural perspective can help Postal Service get back in the black
02/13/13 Simpson-Bowles plan bests big-stage promises
02/12/13 Current record
02/12/13 Grassley, Johnson, Enzi, Brown Push for Legitimate Farm Payment Limits
02/11/13 Enzi announces “listening sessions” across Wyoming
02/07/13 Eliminating government waste will help to reduce national debt
02/07/13 Senators Burr, Harkin, Enzi, Casey, and Alexander Introduce Bill to Better Prepare Nation for the Threat of Pandemics or Bioterror Attacks
02/04/13 Enzi statement on Paul Amendment and military aid to Egypt
02/01/13 Enzi leads bipartisan effort for regulatory fix of COOL
02/01/13 Debt ceiling has to be a line in the sand, not another credit line
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