In 1993, Elmendorf moved to public life, working for the
Congressional Budget Office for the first time. He spent a year as an associate analyst before joining full-time in 1994 as a principal analyst where Elmendorf focused on health-care issues and the economic effects of budget deficits. Working under Director
Robert Reischauer, Elmendorf worked on a team that concluded President
Bill Clinton's health reform package would cost much more than originally thought. This analysis helped cripple Clinton's attempt to reform health care. Elmendorf only stayed a year at the CBO as a principal analyst before heading to the
Federal Reserve Board as an economist under Chair
Alan Greenspan. In 1998, his travels through the financial departments of the federal government continued, as Elmendorf moved to the
Council of Economic Advisers, working as a senior economist under Director
Janet Yellen. After staying at the CEA for a year, Elmendorf then joined the
United States Treasury Department as deputy assistant secretary for economic policy, working under Clinton
Treasury Secretary Lawrence Summers. When
George W. Bush took office, Elmendorf moved back to the
Fed as a senior economist and in 2002, he got a promotion to chief of the
macroeconomics analysis team, leading a group of 30 economists and researchers as they forecasted inflation rates and labor markets. In 2007, Elmendorf began working for the well-known economic think-tank the
Brookings Institution, co-editing the twice-yearly publication "
Brookings Papers on Economic Activity." Testifying before the House Budget Committee in June 2011 Director Elmendorf said that "uncertainty about federal policy is diminishing household and business spending and that uncertainty covers a whole set of policies: It covers tax policy, it covers regulatory policy and it covers health policy." He noted that new figures released 30 June 2011 by the CBO show debt rising to 190 percent of the gross domestic product by 2035. Economists have warned that exceeding 90 percent of gross domestic product (GDP) is a prescription for a debt crisis. "The current level of debt is reducing our output, our incomes relative to what would be the case if we had a lower level of debt, leaving aside the effects of this particular recession, which complicate that," Elmendorf said. As of 2011 debt to GDP levels were 70%. In August 2011 the CBO noted a dismal outlook of the nation's budget and economy, crystallizing the challenges Congress faced that fall in reducing deficits and increasing employment. CBO projected a $1.28 trillion deficit for the fiscal year, and total deficits over the following 10 years of $3.5 trillion. Gross federal debt was expected to rise from $14.8 trillion to $21.3 trillion in 2021, CBO said. "A great deal of the pain of this economic downturn still lies ahead of us," Director Elmendorf said at a Wednesday press conference after the report's release. He said the debt-ceiling deal "makes a real difference, so I guess that's good news." He then added: "I think the challenges that remain are very large." In June 2015, Harvard University President
Drew Faust announced that Elmendorf would succeed David T. Ellwood as Dean at Harvard Kennedy School. "Doug Elmendorf is an outstanding public servant, an admired mentor and teacher, and a distinguished economist deeply immersed in the interplay of research and policy — an experienced leader in government who embodies the Harvard Kennedy School's commitment to joining scholarship, education, and practice to serve the public good," Faust said in a press release. Elmendorf assumed office in January 2016. He stepped down in June 2024. ==Controversy and issues==