WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement today after Dr. Keith Hall was appointed to serve as the next Director of the Congressional Budget Office (CBO):
“Keith Hall will bring an impressive level of economic expertise and experience to the Congressional Budget Office. Throughout his career, he has served in both the public and private sector, under presidents of both parties, and in roles that make him well-suited to lead the CBO. In particular, during his time at the U.S. International Trade Commission, Dr. Hall has worked on providing Congress with non-partisan economic analyses – a role similar to the responsibilities he will now assume as CBO director. His vast understanding of economic and labor market policy will be invaluable to the work of CBO and the important roll it will continue to play as Congress seeks to enact policies that support a healthy and growing economy.”
Dr. Hall’s term as CBO Director will begin April 1, 2015. Until that time, Dr. Douglas Elmendorf will continue to serve as director. Chairman Price issued the following statement thanking Director Elmendorf for agreeing to extend his time at CBO:
“Director Elmendorf has earned our respect and appreciation for his service as director of the Congressional Budget Office. He has shown a tireless commitment to the work of the CBO and to the important role it plays in Congress’ debates over fiscal and economic policy. I’m particularly grateful for his willingness to continue serving as director after his term has expired and through the end of March as the House and Senate Budget Committees are hard at work building our budget proposals.”
Background on Dr. Keith Hall:
Dr. Hall has served in various governmental advisory and analytical roles at the White House, the Department of Treasury and Department of Commerce, as well as the International Trade Commission where he currently serves as Chief Economist. From 2008 to 2012, he was the Commissioner of the Bureau of Labor Statistics under both President George Bush and President Barack Obama. In addition to his public service, Dr. Hall has been a senior research fellow at George Mason University’s (GMU) Mercatus Center and as a professor at GMU, Georgetown University, George Washington University, American University, University of Arkansas, and University of Missouri. His public and private work and research has focused on labor market policy, trade policy and regulatory policy. Hall received his B.A. in Economics and Psychology from the University of Virginia, a M.S. in Economics from Purdue University, and his Ph.D. in Economics from Purdue University.