Budget, Debt, and Deficits

Transcript

Dean and Norquist on the Successes and Failures of LBJ's Great Society

Speakers: Howard Dean and Grover Norquist
Presider: Michael P. Hirsh

Howard Dean, senior strategic advisor and independent consultant at McKenna Long & Aldridge LLP, former chairman of the Democratic National Committee, and former governor of Vermont, and Grover Norquist, president of Americans for Tax Reform, join Michael P. Hirsh, national editor at Politico, to discuss President Lyndon B. Johnson’s broad social agenda, the Great Society.

See more in United States; Health Policy and Initiatives; Budget, Debt, and Deficits

Audio

Dean and Norquist on the Successes and Failures of LBJ's Great Society

Speakers: Howard Dean and Grover Norquist
Presider: Michael P. Hirsh

Howard Dean, senior strategic advisor and independent consultant at McKenna Long & Aldridge LLP, former chairman of the Democratic National Committee, and former governor of Vermont, and Grover Norquist, president of Americans for Tax Reform, join Michael P. Hirsh, national editor at Politico, to discuss President Lyndon B. Johnson’s broad social agenda, the Great Society.

See more in United States; Health Policy and Initiatives; Budget, Debt, and Deficits

Transcript

Protecting Retirement Security: the Future of Public Pensions

Speakers: Bradley D. Belt, Janet Cowell, and Scott Stringer
Presider: Glenn Hubbard

Bradley D. Belt, vice chairman of Orchard Global Asset Management, Janet Cowell, treasurer of the state of North Carolina, and Scott Stringer, comptroller of the City of New York, join Glenn Hubbard, dean and Russell L. Carson professor of finance and economics at Columbia University, to discuss the challenges of fulfilling pension obligations in the United States and how these liabilities will affect economic growth and stability.

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Video

Protecting Retirement Security: the Future of Public Pensions

Speakers: Bradley D. Belt, Janet Cowell, and Scott Stringer
Presider: Glenn Hubbard

Bradley D. Belt, vice chairman of Orchard Global Asset Management, Janet Cowell, treasurer of the state of North Carolina, and Scott Stringer, comptroller of the City of New York, join Glenn Hubbard, dean and Russell L. Carson professor of finance and economics at Columbia University, to discuss the challenges of fulfilling pension obligations in the United States and how these liabilities will affect economic growth and stability.

See more in United States; Budget, Debt, and Deficits

Audio

Protecting Retirement Security: the Future of Public Pensions

Speakers: Bradley D. Belt, Janet Cowell, and Scott Stringer
Presider: Glenn Hubbard

Bradley D. Belt, vice chairman of Orchard Global Asset Management, Janet Cowell, treasurer of the state of North Carolina, and Scott Stringer, comptroller of the City of New York, join Glenn Hubbard, dean and Russell L. Carson professor of finance and economics at Columbia University, to discuss the challenges of fulfilling pension obligations in the United States and how these liabilities will affect economic growth and stability.

See more in United States; Budget, Debt, and Deficits

Other Report

Spillovers From Falling Oil Prices: Risks to Mexico and the United States

Authors: Michael A. Levi, Alexandra Mahler-Haug, and Shannon K. O'Neil

U.S. policymakers who worry about the impact of energy developments on geopolitics typically think of high oil prices as bad news and low prices as an unalloyed good. But a sustained drop in oil prices can be dangerous as well. This paper investigates Mexican vulnerability to falling oil prices—and spillovers to the United States—to show how troublesome such a development might be.

See more in Mexico; Oil; Budget, Debt, and Deficits

Op-Ed

Europe's Bargain

Author: A. Michael Spence
Project Syndicate

A. Michael Spence argues that the eurozone has an opportunity to jumpstart economic recovery by relaxing fiscal constraints on the condition that member states use the reprieve to initiate public sector investment and structural reforms.

See more in Europe; Monetary Policy; Budget, Debt, and Deficits

News Release

U.S. Faces Painful Choices to Reduce Debt Burden, Warns New CFR Scorecard

The U.S. debt-to-GDP ratio has nearly grown to the Group of 7 (G7) average, a dramatic increase from 2000 when it was lower than most other G7 countries, according to a new progress report and scorecard from the Council on Foreign Relations Renewing America initiative. At its current rate, the U.S. debt-to-GDP ratio will be higher than all G7 countries except Japan by 2040.

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Research Links

Debt and Deficits

What's the difference between debt and deficit? What does the "fiscal cliff," a combination of tax increases and spending cuts, mean for deficit reduction? Research Links on Debt and Deficits provides news, research, data, and proposed solutions on debt and deficit in the United States (local and federal) and international comparisons.

See more in Financial Crises; United States; Budget, Debt, and Deficits