Matt Slaughter Holds a White House News Briefing Via Teleconference On the Updated Economic Forecast

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Matt Slaughter Holds a White House News Briefing Via Teleconference On the Updated Economic Forecast

WHITE HOUSE NEWS BRIEFING ON THE UPDATED ECONOMIC FORECAST

DECEMBER 1, 2005

SPEAKER: MATT SLAUGHTER, MEMBER, COUNCIL OF ECONOMIC ADVISERS

TRENT DUFFY, WHITE HOUSE DEPUTY PRESS SECRETARY

[*] DUFFY: Great. Thanks everyone for joining us.

As Scott mentioned a few moments ago, this is to announce the administration's economic forecasts for the next year, for construction of the budget. It's an on-the-record conference call.

And this is Matt Slaughter, the member of the Council of Economic Advisers.

And I'll turn it over to Matt.

SLAUGHTER: Thank you very much, Trent.

Before we move to questions, there's a few major points that I would like to make about the forecast.

First is just to point out that the chairman of the CEA, Ben B...

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