this weekend, congressional budget office director douglas elmendorf is on newsmakers. you can see newsmakers sunday at 10:00 a.m. and 6:00 p.m. eastern here on c-span. the national security policy expert says the recent beheading of james foley is not an isolated incident and that our government is aiding jihadist groups. you will hear remarks from the center for strategic policy's frank gaffney. this is about one hour. >> good afternoon. i won the coin toss. whatever it is. i am frank gaffney with the center for security policy and i am delighted to be here with my friend and colleague peter brookes and with all of you. jennifer, thank you very much for including me and this really important topic in your program. i am heartened that you made the point that strong national defense is one of the pillars of this institute. i hope that you all are here because it is for you as well. peter and i divided the labors in terms of explaining what the challenges are to our strong, or not so strong, national defense posture at the moment. i am going to talk to you principally ab

cbo director douglas elmendorf. morning, i'm director of the congressional budget office and thank you for coming. up cbo has just released and date to our previous budget and economic projections. i will briefly summarize the projections beginning with the budget and turning to the economy than my colleagues and i will be happy to try to answer any questions you have. the federal budget deficit has fallen sharply during the past few years. it's on a path to decline further this year and next. later in the coming decade under current law, the gap between spending and revenues would grow again relative to the size of the economy and federal debt would climb. thee specific, we estimate deficit for this fiscal year will amount to $506 billion. it's about 170 billion dollars lower than the deficit in 2013. at 2.9% of gross to mystic product, -- of gross to mystic object -- roddick, it will be much -- of gdp, it will be much lower. we can see what happens if current laws remain unchanged. the baseline projections are des

then congressional budget office director douglas elmendorf will talk to reporters about the releasef the cbo budget outlook for the next 10 years. live coverage at 11:00 a.m. eastern. earlier this year, conservative groups alleged irs groups were targeting them and called on congress to investigate. house committees brought and irs officials to testify including lois lerner who pled the fifth and was held in contempt of congress. theght, a special look at irs targeting investigation. our issues spotlighting program includes house floor debates. we begin with representatives from conservative groups who were targeted by the irs over their tax exempt status. then lois lerner takes the fifth at a committee hearing. followed by a house floor debate in contempt of congress against her. later, irs commissioner john n onin and -- koskine missing e-mails. our issues spotlighting begins the tea party and other conservative groups. in february, founders of the king street patriots, and alabama tea party, testified at a hearing than they were targeted by the irs after filing for tax exempt sta