Episodes

Thursday Jul 13, 2023
Graying is Paying: Our Aging Population’s Impact on the Budget and the Economy
Thursday Jul 13, 2023
Thursday Jul 13, 2023
This week on Facing the Future, we talk to Richard Jackson, President of the Global Aging Institute about the combined effects of declining fertility rates, longer life expectancy and the baby boomers entering retirement en masse on our federal budget and our economy. It means more spending on Medicare and Social Security, with a smaller working age population to pay into these safety net programs and sustain them. We will also catch up with Concord Coalition policy director Tori Gorman and chief economist Steve Robinson on the latest economic news.

Thursday Jul 06, 2023
Cracks in America’s Fiscal Foundation
Thursday Jul 06, 2023
Thursday Jul 06, 2023
This week on Facing the Future, Concord Coalition policy director Tori Gorman joins us to analyze the long-term budget outlook recently released by the nonpartisan Congressional Budget Office. It projects, among other things, a fast growing elderly population combined with declining birth rates and higher health care costs. All this leading to our national debt nearly doubling as a share of our economy over the next 30 years. Plus, we'll revisit our recent conversation about border climate adjustments designed to cut global greenhouse gas emissions and give American manufacturers some competitive advantage.

Wednesday Jun 28, 2023
Former Georgia US Rep. Carolyn Bourdeaux: The Art of State and Federal Budgeting
Wednesday Jun 28, 2023
Wednesday Jun 28, 2023
This week on Facing the Future, we are joined by the newest member of The Concord Coalition's Board of Directors, Dr. Carolyn Bourdeaux. Dr. Bourdeaux has extensive experience in public sector budgeting. During the Great Recession, she was director of the Georgia Senate Budget and Evaluation Office, where she worked with both parties to balance Georgia’s budget and get the state economy back on track. She brought this valuable budget and fiscal knowledge to Congress when she served as a member representing Georgia's 7th district. Bourdeaux earned a reputation as a serious legislator who worked with colleagues on both sides of the aisle to find solutions to some of our complicated problems, and shares with us the many lessons she's learned along the way.

Wednesday Jun 21, 2023
A Bipartisan Plea for Action on America’s Debt Problem
Wednesday Jun 21, 2023
Wednesday Jun 21, 2023
This week on Facing the Future, we hear from two veterans of many Congressional budget battles, Democrat Tom Kahn, who teaches budget policy at American University, and Republican Bill Hoagland, the Senior Vice President of the Bipartisan Policy Center. They recently penned a joint op-ed in which they urge Americans to put pressure on their elected officials to make difficult compromises to address our long-term national debt, because neither party can do it alone.

Wednesday Jun 14, 2023
A Mixed Bag of Economic Signals
Wednesday Jun 14, 2023
Wednesday Jun 14, 2023
This week on Facing the Future, we try to examine the mixed signals on the economic trends with a strong jobs report and inflation easing somewhat but key consumer price indicators still too high. For that, we turn to economist Robert Carroll with Ernst and Young, and then we get further analysis on that plus data from the Congressional Budget Office showing the federal budget deficit on the rise again after coming down the last couple of years from Concord Coalition policy director Tori Gorman and chief economist Steve Robinson.

Wednesday Jun 07, 2023
How Should the Federal Government Invest in Robust Economic Growth?
Wednesday Jun 07, 2023
Wednesday Jun 07, 2023
This week on Facing the Future, we hear from Diane Lim - the "Economist Mom" - who gives us some very interesting highlights from a recent Congressional Report she helped put together looking at how the federal government can invest in robust economic growth over the next decade or so. The bottom line: the government should invest more in young people and children to get more economically productive adults. Plus we examine the final score issued by the Congressional Budget Office for the bipartisan debt limit and spending reduction deal enacted by Congress late last week.

Wednesday May 31, 2023
Finally, A Debt Limit Deal. Can We Avoid the Crisis Next Time?
Wednesday May 31, 2023
Wednesday May 31, 2023
This week on Facing the Future, we get expert analysis from the Concord Coalition's policy director Tori Gorman and chief economist Steve Robinson on the debt limit deal struck between President Biden and House Speaker Kevin McCarthy to avert a federal default. We also hear excerpts from a very interesting forum held last week with Harvard economist Jason Furman and Rohit Kumar of PricewaterhouseCoopers who both question the efficacy of even having a debt limit at all. Furman and Kumar were involved in negotiations between President Obama and Republicans in Congress during the last debt limit crisis in 2011.

Wednesday May 24, 2023
Border Carbon Adjustments Gain Bipartisan Attention in Congress
Wednesday May 24, 2023
Wednesday May 24, 2023
This week on Facing the Future, we talk with Greg Bertelsen, CEO of the bipartisan Climate Leadership Council about so-called 'border carbon adjustments.' The concept is getting substantial interest in Congress from both Republicans and Democrats and would impose fees on imported goods whose production pumps a high amount of carbon smog into the atmosphere. It's meant to raise revenue, reduce carbon emissions, and improve the competitive standing of American manufacturers who run much cleaner operations than rivals in China or India. Plus, we'll get an update from Texas on what's happening at the US-Mexico border from immigration lawyer and former US Ambassador to Belize George Bruno.

Wednesday May 17, 2023
The Clock is Ticking on Debt Limit Negotiations
Wednesday May 17, 2023
Wednesday May 17, 2023
This week on Facing the Future, we turn to the Concord Coalition's veterans of Congress - policy director Tori Gorman and chief economist Steve Robinson - for up to the minute analysis on negotiations between President Biden and Congressional leaders over extending or suspending the nation's debt limit. The federal government may have only a few days or the next week to be able to pay all of its bills in full and on time before a default occurs if a deal cannot be reached. If no deal is reached, the consequences on our economy could be serious and far reaching.

Wednesday May 10, 2023
The Looming X-Date for Federal Debt Payment Default
Wednesday May 10, 2023
Wednesday May 10, 2023
This week on Facing the Future, we talk to Rachel Snyderman of the Bipartisan Policy Center about a brand new report containing an estimate for the 'X-Date' when the federal government will run out of borrowing authority to meet all of its obligations in full and on time. The BPC estimates that date will land sometime between early June and late August, if Congressional leaders and President Biden cannot agree on an extension or suspension of the federal debt limit. This could have a serious and lasting economic impact for all of us.