June 10, 2019 - Issue: Vol. 165, No. 96 — Daily Edition116th Congress (2019 - 2020) - 1st Session

[Extensions of Remarks]
[Page E734]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       COMMENDING KIM KOWALEWSKI

                                 ______
                                 

                          HON. JOHN A. YARMUTH

                              of kentucky

                    in the house of representatives

                         Monday, June 10, 2019

  Mr. YARMUTH. Madam Speaker, today, I would like to recognize and 
honor the outstanding service of Kim Kowalewski, who retires this week 
after nearly 40 years as a public servant, the past 30 of them at the 
Congressional Budget Office.
  Kim Kowalewski joined CBO in 1989. After serving briefly as a 
principal analyst in what was then known as the Fiscal Analysis 
Division, he was promoted to be the Chief of the Financial and General 
Macroeconomics Modeling Unit, which analyzed developments in financial 
markets and contributed to the forecast of consumer spending. He next 
headed the Financial Markets Unit, which, in addition to analyzing and 
forecasting financial market indicators, prepared cost estimates for 
various federal financial programs and developed policy options for the 
housing and financial markets.
  In 2008, he was promoted to Deputy Assistant Director of the 
Macroeconomic Analysis Division. In that capacity, he played an 
essential role in developing CBO's economic projections, which underlie 
the agency's budget projections, and he directed numerous studies on 
developments in the economy, including the operation of automatic 
stabilizers, changes in trade policy, and the effects of federal tax 
and spending policies. In 2016, he became a senior adviser at CBO. In 
that role, he led cross-divisional efforts to improve CBO's graphics 
and written presentations and mentored and trained colleagues. 
Throughout, he has been a leader in making CBO's analysis accessible.
  Kim Kowalewski's public service did not begin with his work at CBO. 
He came to the agency after eight years at the Federal Reserve Bank of 
Cleveland, where he led the preparation of the bank's forecast of the 
U.S. economy and provided analysis related to monetary policy, 
financial markets, personal bankruptcy, and consumer spending.
  By all accounts, Kim's colleagues at CBO and on the Hill appreciate 
his dedication, ability, skillful work, and breadth of experience. They 
will miss his generosity with his time and knowledge and, especially, 
his kindness.
  I know my colleagues join me in extending our thanks and appreciation 
to Kim for his service to our country. We wish him well in his future 
undertakings and hope that the nation will continue to benefit from his 
expertise and commitment.

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