Thursday, February 25, 2010
Noon–1:30 p.m. ET
It’s not exactly news -- to Congress, the White House, and now many outside of elite circles -- that the federal budget is out of control. Social Security, Medicare, and Medicaid make up more than 40 percent of spending other than interest during a normal year and all are growing faster than the economy and tax revenues. Yet, Congress has kept the overall tax burden remarkably constant as a share of gross domestic product for most of the past 50 years. Together, these factors lead to sky-high deficits, an exploding national debt, and the specter of economic collapse.
But now what? With major studies -- such as “Choosing the Nation’s Fiscal Future,” released last month by the National Research Council and National Academy of Public Administration, and the Peterson-Pew Commission on Budget Reform’s “Red Ink Rising” -- showing how desperate our fiscal straits are, what will it take for the public and politicians to move beyond overheated rhetoric and threats of political reprisals?
Richard Keil, director of media relations, Public Strategies, Inc.; former chief White House correspondent, Bloomberg News
Maya MacGuineas, president, Committee for a Responsible Federal Budget
Rudolph Penner, Institute fellow, Urban Institute; former director, Congressional Budget Office
Margaret Simms, Institute fellow and director of the Low-Income Working Families project, Urban Institute
Eugene Steuerle, Institute fellow, Urban Institute (moderator)
Ruth Wooden, president, Public Agenda; former president, Advertising Council
- Bios (pdf)
- Wooden: Summing Up Public Opinion on Federal Debt and Deficits (pdf)
At the Urban Institute
2100 M Street N.W., 5th Floor, Washington, D.C.
Lunch will be provided at 11:30 a.m. The forum begins promptly at noon.
You will need to register for the webcast on the same computer you will use to listen. You can register anytime up to and during the event. To access the webcast, you can go to the same link where you registered, http://www.visualwebcaster.com/event.asp?id=66432.
The recording will be archived at that same link as soon as the event is over. We will also post a recording on this page within a few days from the event.