Presentation by Keith Hall, CBO Director, at the Heritage Foundation
Director Keith Hall testified before the Senate Budget Committee on CBO's latest long-term projections for the budget.
CBO Director Keith Hall testifies about CBO’s 2015 Long-Term Budget Outlook before the Committee on the Budget, United States Senate.
Highway Trust Fund revenue cannot support current spending. The fund’s projected shortfalls could be addressed by reducing spending, increasing tax revenue credited to the trust fund, or transferring money from the Treasury’s general fund.