mr. elmendorf, mr. mcdonnell, and i it likes the greens of -- and i liked the range of practical experience. professor elmendorf is no political affiliation to the city whatsoever. >> supervisor, there is an overflow room. that room is available. supervisor kim: thank you. >> [unintelligible] supervisor elsbernd: mr. mcdonnell, the demonstrated commitment to the city through his resonate, and his work with his current occupation. and i just think the threat of not knowledge -- the brat of knowledge, and he is clearly a man of integrity. and it is that kind of integrity, from what i have heard, and will spread out amongst the community. i think it shines through. it is something everyone else will benefit from. mr. alonso stood out to me as someone who would bring a breath of fresh air to something that was highly political. he would be the everyman at this committee. i think that would be very, very helpful with the group, and i think that group of three brings elements of diversity which we are striving

mr. elmendorf? >> well, congressman, there are a variety of influences on the economy. the policies of presidents and congresses are obviously important. i would be close to draw any strong conclusions from that. savages you suggest. >> they're pretty accurate. >> i'm not disputing the numbers. i am just saying to map those directly to the policies while leaving out all the other factors. >> there are other factors aren't there, mr. elmendorf? when the president raised his hand in january 2009, he had no idea, we had no idea of how bad this economy was. would you agree to that? >> if they do, congressman. >> for the record, mr. chairman. >> thank you mr. pascarella. mr. kerry. >> i thank the chairman. for taking a page out of mr. pascarella's comments i guess is that with the same time forcefulness. it is hard to make these projections that should make overtime. >> certainly is, congressman. so when you made these assumptions -- when you make these projections, what do you do quickly with great to a

mr. elmendorf?well, congressman, there are a varietof influences on the economy. the policies of presidents and congresses are obviously important. i would be close to draw any strong conclusions from that. savages you suggest. >> they're pretty accurate. >> i'm not disputing the numbers. i am just saying to map those directly to the policies while leaving out all the other factors. >> there are other factors aren't there, mr. elmendorf? when the president raised his hand in january 2009, he had no idea, we had no idea of how bad this economy was. would you agree to that? >> if they do, congressman. >> for the record, mr. chairman. >> thank you mr. pascarella. mr. kerry. >> i thank the chairman. for taking a page out of mr. pascarella's comments i guess is that with the same time forcefulness. it is hard to make these projections that should make overtime. >> certainly is, congressman. so when you made these assumptions -- when you make these projections, what do you do quickly with great assumption

elmendorf, the time is yours good >> thank you, mr. chairman. budget outlook of the united states is daunting during the next decade and over the longer term. as the economy recovers from a severe recession and policies adopted in response to recession phase out come the deficits will decline markedly in the next few years. however, the retirement of the baby boom generation are significant and sustained increase in the share of the population eligible for social security, medicare and medicaid benefits. moreover, per capita spending for health care will probably continue rising faster than spending and other goods and services. in addition, the recession and a company policy of the pen a legacy of greatly increased government debt between the end of fiscal year 2008 in the end of the current fiscal year, debt held by the public will surge from roughly 40% of gdp close to his 40 year average to nearly 70% of gdp. the highest is shortly after world war ii. therefore, we face a budget pressures of an aging population and rising health care costs f