Facing the Future

Facing the Future

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

Episodes

April 25, 2024 44 mins

This week on Facing the Future, we'll discuss a new report on fraud by the Government Accountability Office, along with a review of the foreign aid spending bill and the latest news on the economy.

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This week on Facing the Future, we'll get some policy ideas from three college students who recently took part in an annual Fiscal Challenge competition where teams from around the country devise and defend their own plans for putting the federal budget on a sustainable path. Dr. Mike Aguilar, founder and president of the Fiscal Challenge also joined the discussion.

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April 12, 2024 44 mins

This week on Facing the Future, we'll look at what happens at the end of 2025 when many of the tax cuts enacted in 2017 are scheduled to expire. What should Congress be doing to prepare for this fiscal cliff? How much would it cost to extend the tax cuts? Are there viable options to offset the revenue loss? We’ll get some perspectives on all these questions from Marc Goldwein of the Committee for a Responsible Federal Budget.

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This week on Facing the Future, Concord Coalition Chief Economist Steve Robinson discusses his new issue brief, "The Rhetoric and Reality of Taxing the Rich." Then we'll talk with Eugene Steuerle of the Urban Institute about his new column explaining that "Major Budget Reform Must Accommodate Legislators' Need to Give Money Away."

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March 28, 2024 44 mins

This week on Facing the Future, we'll look at the economics of immigration reform with Teresa Cardinal Brown, Senior Advisor for Immigration and Border Policy at the Bipartisan Policy Center.

With the U.S on track to have more deaths than births by 2040, immigration is an increasingly necessary component for a growing economy. Is there a way forward on bipartisan reform?

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This week on Facing the Future we hear from Zach Moller, director of the economic program at Third Way, a center-left think tank. He'll discuss his recent report called, "A Democratic Case for Fiscal Responsibility." We'll also look at the latest numbers on jobs and inflation.

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March 15, 2024 44 mins

This week on Facing the Future, we look at President Biden's new budget. It has a plausible deficit reduction path but are the policies used to get there plausible as well?

Our guests are Josh Gordon of the Committee for a Responsible Federal Budget and Brian Riedl of the Manhattan Institute.

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March 7, 2024 43 mins

This week on Facing the Future our in-house panel of experts, policy director Tori Gorman and chief economist Steve Robinson, will preview the president’s State of the Union Address, scheduled for Thursday, March 7, and the president’s budget submission, scheduled for Monday, March 11.

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February 28, 2024 44 mins

This week on Facing the Future we’ll talk about the long drawn-out Fiscal Year 2024 appropriations process in Washington, which may be finally wrapping up in the next two weeks — or maybe not. With a partial shutdown looming on March 1st, we'll talk to Bill Hoagland, Senior Vice President of the Bipartisan Policy Center and former Republican staff director of the Senate Budget Committee.

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February 21, 2024 44 mins

This week on Facing the Future we'll examine how policies of the Federal Reserve Board affect the economy and the budget. Did the Fed's "quantitative easing" go too far and last too long?

Our guest is Thomas Hoenig, former President of the Federal Reserve Bank of Kansas City and a member of the Federal Open Market Committee (FOMC) from 1991 to 2011.

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February 15, 2024 43 mins

This week on Facing the Future, our guest was Dr. Phillip Swagel, Director of the nonpartisan Congressional Budget Office (CBO). The CBO just released its Budget and Economic Outlook for 2024-2034. Spoiler alert: It's not great news.

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February 8, 2024 43 mins

This week on Facing the Future, we’ll look at the latest economic numbers with a focus on jobs, wages and interest rates. The January jobs report showed a very robust, and surprising, gain of 353,000 jobs, up from 333,000 in December.

Gordon Gray, Vice President for Economic Policy at the American Action Forum will give us his take on what it means.

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January 31, 2024 43 mins

This week on Facing the Future, we’ll take a close look at President Biden’s pledge not to raise taxes on households with annual income below $400,000.

Our guest is Ben Ritz, Director of the Center for Funding America’s Future at the Progressive Policy Institute. Ritz explains why that pledge is difficult to implement and how it undermines policymaking.

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January 24, 2024 44 mins

This week on Facing the Future, we’ll look at the congressional tax agenda, both in the next few weeks and into 2025 when a number of provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are set to expire at the end of the year.

Our guide through the congressional tax thicket is Rohit Kumar, Co-Leader of Washington National Tax Services at PricewaterhouseCoopers and a former Deputy Chief of Staff to Senate Republican Leader Mitch Mc...

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January 17, 2024 45 mins

This week on Facing the Future, our guest is Rachel Snyderman, Director of Economic Policy at the Bipartisan Policy Center. We’ll ask her about the fiscal challenges awaiting the winner of the 2024 presidential election and the more immediate challenge of finally passing the Fiscal Year 2024 appropriations bills – something that is now four months overdue.

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January 10, 2024 44 mins

This week on Facing the Future, we talked with Molly Reynolds, Senior Fellow in Governance Studies at the Brookings Institution, about the breakdown of the congressional budget process.

With another partial shutdown looming on January 19, we discussed why Congress never passes its annual appropriations bills on time, the problems this creates and whether there are any remedies.

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Fiscal Challenges for the Next Administration

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December 27, 2023 44 mins

This week on Facing the Future, we looked back on budget and economic policy in 2023, which was mostly about avoiding crises, and where things stand heading into 2024.

Our discussion featured a panel of Concord Coalition experts, including policy director Tori Gorman, chief economist Steve Robinson, national field director Phil Smith, deputy director Chris Colligan, and media and policy intern Kyle Duffy.

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December 20, 2023 44 mins

This week on Facing the Future, we’ll focus on the latest economic projections from the Federal Reserve Board. Their last meeting, which concluded on December 13, certainly made some news with the projection that the Fed might actually begin to reduce interest rates in 2024. To guide us through the economic news, our guest this week is Robert Carroll, Co-leader of the EY’s Quantitative Economics and Statistics (QUEST) group. Concor...

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December 13, 2023 41 mins

This week, on Facing the Future, we began with a review of the oral arguments before the U.S. Supreme Court in Moore vs. United States, a case that could have a big effect on federal government revenues. Our guest was Steven Rosenthal, Senior fellow at the Urban-Brookings Tax Policy Center.

Then, Tori Goman, Steve Robinson and I looked at some new numbers on U.S. life expectancy and whether there may be a glimmer of hope that a gov...

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