This week on Facing the Future, we'll talk with Ernie Tedeschi, Director of Economics at the Budget Lab at Yale. He is the author of a new study showing the inflationary risk of rising federal budget deficits and debt.
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44:01
Deficit Fix Requires Hard Choices Not Gimmicks
This week on Facing the Future, former CBO Director Douglas Elmendorf of Harvard's Kennedy School discusses the need for making hard choices on the budget and a big gimmick Congress is considering to avoid doing that.
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44:51
Trump’s Balanced Budget Pitch Doesn’t Add Up
This week on Facing the Future we talked with former Congresswoman Carolyn Bourdeaux who has been named the new Executive Director of The Concord Coalition. In addition, Bourdeaux will head up Concord Action, a new advocacy organization created to marshal grassroots support for fiscal responsibility.
We began by discussing President Trump’s speech on Tuesday night to a joint session of Congress. Bourdeaux commented that Trump “did make a nice hat tip to a balanced budget, which I appreciated. He said he would balance the budget and he would address the debt. However, the revenues and expenditures that he talked about just don't add up.”
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44:54
Creating a U.S. Sovereign Wealth Fund?
This week on Facing the Future, we'll discuss President Trump's executive order laying the groundwork for a U.S. sovereign wealth fund. How would it be funded and what would it invest in? Our guest is Mark Warshawsky, senior fellow at the American Enterprise Institute.
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43:48
Real Budget Savings or Mere Illusions?
This week on Facing the Future, Concord Coalition Chief Economist Steve Robinson will explain why the House and Senate budget committee resolutions might not result in their promised deficit reduction numbers. We'll also look at claims of massive Social Security fraud. Then, National Field Director Phil Smith gets some insights from volunteer leaders.
South Africa