Congressional Budget Office Director Douglas Elmendorf speaks with reporters at the Christian Science Monitor Breakfast.
David Cook is Senior Editor and Washington bureau chief of The Christian Science Monitor. He oversees the Monitor's 9-person bureau in the nation's capital, hosts the Monitor's newsmaker breakfasts, and writes for csmonitor.com.
For over 40 years, Monitor breakfasts have brought journalists together with key public officials to talk about the issues of the day in a candid, in-depth fashion. Since their start in 1966, four US presidents, five vice presidents, and countless cabinet and congressional officials have been guests at the 3,600 breakfasts the Monitor has hosted.
When Monitor correspondent Jill Carroll was held captive in Iraq for 82 days in 2006, Cook served as the Monitor's spokesperson and appeared on numerous national broadcasts including "Today," "Nightline," "The News Hour with Jim Lehrer," and "ABC World News Tonight."
From August 1994 through July 2001, Cook served as editor of The Christian Science Monitor. During his term, the Monitor's print edition was redesigned, csmonitor.com was launched, and the paper won numerous awards including the 1996 Pulitzer Prize for international reporting.
Previously Cook was editor of Monitor Broadcasting which produced daily radio news programs heard on 200 public radio stations. He also served as managing editor of the Monitor's Emmy award-winning nightly television news program "World Monitor."
His current assignment is Cook's third tour in Washington. During two previous postings in the nation's capital he covered economic policy. He also has been a Detroit-based correspondent for Business Week.
Cook was awarded a Bagehot Fellowship in Business and Economic Journalism by Columbia University. He is a graduate of Principia College, attended the Advanced Management Program at Michigan State University, and served in the U.S. Army. He is a member of the Gridiron Club, Washington's oldest journalistic organization, and the father of three grown sons.
Douglas W. Elmendorf
Douglas W. Elmendorf is the eighth Director of the Congressional Budget Office. He was initially appointed on January 22, 2009, to complete the previous four-year term of office; he was later reappointed to serve through January 3, 2015.
Douglas Elmendorf, director of the Congressional Budget Office, argues there is great uncertainty around government default, including potential views of debt holders. Elmendorf calls any government default a "dangerous gamble."
CBO chief Douglas Elmendorf argues that America can't keep revenues at their historical share of GDP, retain full entitlement programs for the elderly and keep the rest of the budget intact. Something's got to give.
Congressional Budget Office director Douglas Elmendorf says the United States "can't afford to take the views of its creditors lightly" as it considers government default, which he calls a "dangerous gamble." "Leaders of both political parties have made clear that defaulting on government obligations is not acceptable, and will not be allowed to happen," says Elmendorf.