Congressional Budget Office. The Economic Outlook and Fiscal Policy Choices Testimony before the Committee on the Budget United States Senate September 28, 2010. Douglas W. Elmendorf Director. Labor Force Participation and Unemployment Rates. Percent.
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The Economic Outlook and
Fiscal Policy Choices
Testimony before the Committee on the Budget
United States Senate
September 28, 2010
Douglas W. Elmendorf
Note: Assumes enactment early in 2010.
Percentage of GDP
Note: The long-term unemployment rate is the percentage of people in the labor force who have been unemployed for longer than 26 weeks.
With Tax Cuts Extended and
Current Law (Baseline)
“Other Health Programs” includes: Health insurance subsidies, exchanges, and related spending; Department of Defense Medicare-Eligible Retiree Health Care Fund (including TRICARE for Life); Children’s Health Insurance Program, and other programs.