Facing the Future

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.

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 McConnell.

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.

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.

Fiscal Challenges for the Next Administration

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.

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. Concord Coalition policy director Tori Gorman and chief economist Steve Robinson join the conversation.

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 government shutdown can be avoided in January.

This week on Facing the Future we got an update on the latest inflation and economic growth numbers from Douglas Holtz-Eakin, President of the American Action Forum and former Director of the Congressional Budget Office (CBO). Despite some encouraging short-term numbers, Holtz-Eakin sees a few warning signs for 2024.

We also discussed his new issue brief on employment-based immigration.

This week on Facing the Future our guests were former U.S. Senators, Kent Conrad (D-ND) and Rob Portman (R-OH). They have been lending their voices to the push for a new bipartisan fiscal commission that would propose solutions to our nation’s unsustainable budget outlook.

Conrad chaired the Senate Budget Committee from 2001 to 2003, and again from 2007 to 2013. Portman served as Director of the Office of Management and Budget (OMB) under President George W. Bush.