Christina Romer, Chair of the White House Council of Economic Advisers, says that a report released by the Business Roundtable shows “how far we’ve come” on health care reform since the legislation was first drafted. (0:14)
Obama Economic Advisor Christina Romer believes that the Recovery Act accounts for “only” 10 percent of the cumulative projected deficit over the next 10 years. Romer says she came to that figure through estimates from the Congressional Budget Office on the costs of the recovery act. (0:14)
By Kayleigh Harvey – Talk Radio News Service
At a House Joint Economic Committee Hearing today, Dr. Christina Romer, Chair of the Council for Economic Advisors, was asked by Congressman Vic Snyder (D-Ark.) “How should we view the added uncertainty in the economy both here and abroad that may be created the threat of a major health flu pandemic around the world?” Dr. Romer said the costs at this stage were “uncertain,” adding the priority of the administration was to “save lives.”
