Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United States, Volume 4U.S. Government Printing Office, 2002 |
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Page 24
... Economic Committee. OPENING STATEMENT OF SENATOR JACK REED , VICE CHAIRMAN Thank you , Chairman Saxton , for this opportunity to discuss the economic outlook and to review the Economic Report of the President , released today . I also ...
... Economic Committee. OPENING STATEMENT OF SENATOR JACK REED , VICE CHAIRMAN Thank you , Chairman Saxton , for this opportunity to discuss the economic outlook and to review the Economic Report of the President , released today . I also ...
Page 26
... ECONOMIC ADVISERS Chairman Saxton , Vice Chairman Reed , and members of the Committee , it is a pleasure to appear before you today to discuss the release of the Economic Report of the President , along with the economic outlook for the ...
... ECONOMIC ADVISERS Chairman Saxton , Vice Chairman Reed , and members of the Committee , it is a pleasure to appear before you today to discuss the release of the Economic Report of the President , along with the economic outlook for the ...
Page 28
... outlook for business fixed investment . - Personal consumption expenditure grew quite rapidly in the fourth quarter - a 5.4 percent annual rate - driven in large part by purchases of motor vehicles . While auto purchases may have been ...
... outlook for business fixed investment . - Personal consumption expenditure grew quite rapidly in the fourth quarter - a 5.4 percent annual rate - driven in large part by purchases of motor vehicles . While auto purchases may have been ...
Page 29
... Economic Committee. Risks to the Near - Term Recovery The Administration forecast mirrors the outlook of private sector analysts such as the Blue Chip consensus forecast . We must recognize , however , that the basic economic outlook is ...
... Economic Committee. Risks to the Near - Term Recovery The Administration forecast mirrors the outlook of private sector analysts such as the Blue Chip consensus forecast . We must recognize , however , that the basic economic outlook is ...
Page 30
... Economic Outlook The economic difficulties that began in 2000 and continued into 2001 and 2002 should not blind us to the fact that the outlook for the economy remains strongly positive . The Administration projects real GDP growth to ...
... Economic Outlook The economic difficulties that began in 2000 and continued into 2001 and 2002 should not blind us to the fact that the outlook for the economy remains strongly positive . The Administration projects real GDP growth to ...
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2002 Economic Report 3.1 percent administration Administration's Alternative Minimum Tax American believe benefits billion budget business investment capital overhang Chairman Hubbard competition policy Congress consumers consumption costs demand developing countries down-side risk economic growth economic outlook economic policy economic stimulus effects efficient Enron environmental events of 2001 example Federal firms flexibility forecast fourth quarter free trade future GLENN HUBBARD global growth insurance health care system important improve incentives income increase innovation institutions International Monetary Fund JACK REED JIM SAXTON Kroszner legislation lending long-term interest rates malpractice premiums Mark McClellan moral hazard personal accounts policy agenda President President's private sector problems productivity growth programs Randall Kroszner recession recovery reform remains Representative Saxton Representative Watt retirement security role September 11 short-term Social Security spending stimulus package suggest tariffs tax cut terrorism trade promotion authority transparency U.S. economy United workers