Facing the Future

Facing the Future

How the nation’s fiscal and economic challenges, and possible solutions, impact current and future generations.

Episodes

July 8, 2025 44 mins

This week on Facing the Future, Jim Capretta of the American Enterprise Institute digs into the 2025 Medicare Trustees Report. Then he explains why the federal budget rules are deepening societal differences.

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This week on Facing the Future, we heard from two tax experts with different ideological perspectives who have been following the One Big Beautiful Bill Act (OBBBA). David S. Mitchell is a senior fellow for tax and regulatory policy at the Washington Center for Equitable Growth and Kyle Pomerleau is a senior fellow at the American Enterprise Institute (AEI).

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June 25, 2025 44 mins

This week on Facing the Future, tax expert Andrew Lautz, Associate Director for Economic Policy at the Bipartisan Policy Center, discusses tensions between House and Senate Republicans as they rush to pass a major deficit-financed tax cut bill before July 4th.

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This week on Facing the Future, Prof. Philip Joyce of the University of Maryland School of Public Policy, explains the high stakes in Washington's battle over the power of the purse and why protecting the Congressional Budget Office matters. 

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This week on Facing the Future we talked with Bill Hoagland, Senior Vice President of the Bipartisan Policy Center, about the growing debt fears that cloud the prospects of Republicans' budget bill in the Senate.

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June 3, 2025 44 mins

This week on Facing the Future, we talked with Richard Swett, former U.S. Congressman from New Hampshire and Ambassador to Denmark. He discussed President Trump's desire to acquire Greenland from Denmark and why it's vital to restore trust in government.

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This week on Facing the Future we focused on the One Big Beautiful Bill that has now passed the House and is headed to the Senate. Our guest was Douglas Holtz-Eakin, President of the American Action Forum and former Director of the Congressional Budget Office (CBO). We also discussed interest rates, tariffs and budget scoring.

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May 20, 2025 44 mins

This week on Facing the Future we’ll discuss developments on Capitol Hill as Republicans try to pass what is now officially called, the “One Big Beautiful Bill.” Our guest is Ben Ritz, Vice President of Policy Development at the Progressive Policy Institute and Director of PPI’s Center for Funding America’s Future. Concord Coalition Executive Director Carolyn Bourdeaux joins the conversation.

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This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, guides us through the tax cut bill rolled out by House Ways and Means Committee Republicans. We'll discuss how big it is, whether it's good tax policy and will it be paid for?

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This week on Facing the Future, we'll talk with students who participated in the annual collegiate fiscal challenge, a competition that seeks to stabilize the debt and economy. Then, Carolyn Bourdeaux and I assess President Trump's "skinny budget" and check in on reconciliation in Congress.

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May 1, 2025 44 mins

This week on Facing the Future we'll assess the risks and costs of rising federal debt with Ben Harris, vice president and director of Economic Studies at the Brookings Institution. We’ll also get his take on congressional negotiations over a major spending and tax bill and whether the economy is headed for a recession.

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April 24, 2025 44 mins

This week on Facing the Future the guest is Alex Durante, senior economist at the Tax Foundation. We'll discuss the economic effects of President Trump's tariffs and whether Republicans in Congress can find a way to extend about $4 trillion worth of expiring tax cuts without adding it all to the debt.

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April 18, 2025 43 mins

This week on Facing the Future, Jessica Riedl, a Senior Fellow at the Manhattan Institute, joined me to discuss her list of the top 10 federal budget gimmicks and the potential for tariffs to raise revenues, harm the economy or both.

 

As we went through Riedl’s list of budget gimmicks, it was clear that many of them are in play this year. She mentioned, for example, “fake expiration dates” and using a “current policy” baseline. A ...

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This week on Facing the Future our guest was Rep. David Schweikert (R-AZ), a member of the House Ways and Means Committee and chairman of the bicameral Joint Economic Committee. He gave us his perspective on what it will take to get the U.S. fiscal house in order, why the budget and the economy are intricately intertwined, and why it is so important to act before a crisis hits. 

 

We also got his candid take on this year's Congress...

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This week on Facing the Future, we are joined early in the week by David Schweikert, United States Representative from AZ-01. Concord Coalition Executive Director Carolyn Bourdeax joins the show to discuss the latest on the budget, deficit, and more with Representative Schweikert.

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April 3, 2025 44 mins

This week on Facing the Future, we'll talk with Phillip Swagel, Director of the nonpartisan Congressional Budget office (CBO). He'll discuss the CBO's 2025 Long-Term Budget Outlook, which makes 30-year projections under current law. There is a lot of debt involved.

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March 27, 2025 44 mins

This week on Facing the Future, we'll talk with James Capretta, a senior fellow at the American Enterprise Institute (AEI), and author of a recent paper called “Budgeting for Fiscal Sanity.” We’ll ask him how Congress should do that and we’ll also discuss some of the controversies over the Department of Government Efficiency (DOGE).

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March 20, 2025 44 mins

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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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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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 “di...

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