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PODCAST

Facing the Future

The Concord Coalition

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

government non-profit

All Episodes

44:57

Young People Compete in the 2023 ”Fiscal Challenge”...

Facing the Future ·

2023/04/19

Facing the Future was in Washington DC this week for the national finals of the annual "Fiscal Challenge" competition among college students all over the country. The students put forward some thorough and well-researched plans to reduce the national debt as a share of the American economy over the next 30 years. Concord Coalition Communications Director Av Harris spoke in detail with the college teams about their proposals to raise revenue, reduce federal spending, and grow the economy. He also

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45:00

Tax Day is Here, and the Federal Government Needs...

Facing the Future ·

2023/04/12

This week on Facing the Future, we hear from two experts on the federal budget process and the search for more revenue which mamy fiscal policy experts believe we are going to need - along with spending cuts - if we expect to truly address the historic imbalance between what the government spends and what it takes in. Our guests are Howard Gleckman of the Urban Brookings Tax Policy Center, and Tom Kahn, Faculty Fellow at the Center for Congressional and Presidential Studies at American University

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44:59

The Nexus of Trust in Government, Fiscal Policy and...

Facing the Future ·

2023/04/05

This week on Facing the Future, we hear from labor economist Betsy Stevenson, who is a professor at the University of Michigan in Ann Arbor and served on the Council of Economic Advisors under President Obama. In a recent piece for the Peter G. Peterson foundation, Stevenson looks at some social science research showing that we are in an unusual time when public trust in government is at some of the lowest levels ever recorded. Stevenson recommends several steps Congress could take to stabilize our

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44:59

Facing the Future in Iowa: Our Long-Term Fiscal and...

Facing the Future ·

2023/03/30

This week on Facing the Future, we travel to Iowa to get some perspectives on the long-term fiscal and economic challenges facing the United States. We are joined by a panel of experts from the University of Iowa Tippie College of Business to look at short and long-term economic trends and how to bring down the cost of healthcare. They were joined by Concord Coalition chief economist Steve Robinson who takes a look at the current debt limit fight in Congress, and what is at stake for our economy

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45:01

The Economic and Federal Budget Impact of Climate Change

Facing the Future ·

2023/03/22

This week on Facing the Future, we hear excerpts from a recent panel discussion focusing on the economic and federal budget impact of climate change. The White House estimates that environmental damage may cost taxpayers up to $130 billion every year, and may cut our economic output by as much as 10% by the end of the century. The panel discussion was sponsored by the Concord Coalition, the League of Conservation Voters, and the Rudman Center for Justice, Leadership, and Public Service at the

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44:58

The Biden Fiscal Year 2024 Federal Budget Proposal in...

Facing the Future ·

2023/03/15

This week on Facing the Future, we have an in-house panel of Concord Coalition experts - policy director Tori Gorman and chief economist Steve Robinson - evaluate the validity and credibility of President Biden's recently released Fiscal Year 2024 federal budget plan. The President did propose some changes to Medicare and a significant amount of new revenue, but his plan comes up short in other areas. We take a look at the budget through a set of criteria we developed and assign some color codes -

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44:58

Will Anyone Step Up to Preserve Social Security for...

Facing the Future ·

2023/03/10

This week on Facing the Future, we hear from Andrew Biggs, Senior Fellow at the American Enterprise Institute. In a recent Op-Ed for the Washington Post entitled "Biden Once Cut Social Security. Now, He Can Save It" Biggs argues that both Republicans and Democrats need to stop making empty promises not to touch Social Security retiree benefits if they're unwilling to pay higher payroll taxes to fund them. And we also hear from Concord Coalition chief economist Steve Robinson on how the federal

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44:59

Viewing the 10-Year Federal Budget Outlook Through...

Facing the Future ·

2023/03/02

This week on Facing the Future, we get further analysis of the latest 10-year budget and economic outlook recently released by the Congressional Budget Office from Jeff Holland of the Peterson Foundation, who used to run the CBO projection unit. Plus, we hear from Josh Gordon of the Committee for a Responsible Federal Budget for a closer look at how the runaway train that is healthcare costs is having a major impact on the federal budget over the next 10 years. Gordon also describes some big

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44:52

Congressional Budget Office Breaks Down Their Latest...

Facing the Future ·

2023/02/23

This week on Facing the Future, we are joined one more time by Dr. Philip Swagel, an economist who is Director of the nonpartisan Congressional Budget Office. The CBO has just released its newest 10 year federal budget and economic outlook. The picture it paints is quite concerning. Deficits are expected to climb to an average of more than $2 trillion per year, and for the first time ever the Social Security trust fund is predicted to go insolvent within that 10-year window. If Congress does not act

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44:58

Needed: Bipartisan Action on Fiscal Policy in Divided...

Facing the Future ·

2023/02/15

This week on Facing the Future, we check in with Ben Ritz - director of the Center for Funding America's Future with the Progressive Policy Institute. Ben has written a number of recent works including one exploring what President Biden's call in the State of the Union Address to 'stand up for seniors' means for Social Security and Medicare when their trust funds are on track to run out of money in the next few years. And, how to move forward meaningful, bipartisan fiscal policy in a divided

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44:59

Russia’s Invasion of Ukraine, One Year In

Facing the Future ·

2023/02/08

This week on Facing the Future, we check back in with International Security and Russian/Eurasian affairs professor Adam Stulberg of the Sam Nunn School of International Affairs at Georgia Tech University on the one year anniversary of Russia's brutal invasion of Ukraine. Stulberg says the war has brought many surprises and poses some complicated questions we need to think about going forward. We'll also get some instant analysis of President Biden's State of the Union Address, specifically what was

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45:00

With Divided Government, Is There Hope for...

Facing the Future ·

2023/02/02

This week on Facing the Future, we talk to Theresa Cardinal Brown, managing director of immigration and cross-border policy at the Bipartisan Policy Center about whether the humanitarian and security crisis along the US-Mexican border will be enough to enact some fixes to our broken immigration system. Even with Republicans now controlling the House in a divided Congress, bipartisan talks are underway. Plus, we'll get analysis on the Biden administration's latest move on student loans, which may

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45:00

The Penn Wharton Federal Budget Model Predicts Higher...

Facing the Future ·

2023/01/25

This week on Facing the Future, we get the long term perspective on the federal budget and our national debt from Kent Smetters, faculty director of the well-respected Penn Wharton Budget Model. The Budget Model looks at long term trends impacting the federal budget such as projected revenues and expenditures, plus demographics that are already starting to have an enormous impact as the Baby Boomers retire. Dr. Smetters sees our national debt growing higher and faster than ever, and a less

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44:52

No One Should Be Surprised Inflation Followed...

Facing the Future ·

2023/01/18

This week on Facing the Future, we hear from two authors - Howard Adler and Alex Pollock - who have written a new book called 'Surprised Again: The COVID Crisis and the New Market Bubble'. The book explores how for the 2nd time in our young century, the federal government's response to an economic crisis had some unintended consequences that we are all paying for. This time, it was the multi-trillion dollar COVID relief packages in two administrations that have significantly contributed to the

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44:54

The Fiscal Agenda of the Republican Controlled House

Facing the Future ·

2023/01/11

This week on Facing the Future, we get the seasoned perspective of Rohit Kumar to give us some insight on what direction the new Republican majority in the House might pursue when it comes to important fiscal policy choices in the next few months. Kumar is a tax policy expert with PriceWaterhouseCoopers, but also served as a top policy advisor to Senate Republican leader Mitch McConnell. He was around the last time we had a Republican House, and a Democratic Senate and President, and Congress had to

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44:59

Is this the end of the Legendary New Hampshire...

Facing the Future ·

2023/01/04

This week on Facing the Future, we speak with University of New Hampshire Political Science Professor Dante Scala about changes the national Democratic party wants to make to its Presidential Primary calendar for 2024 that would have the Granite State lose its first-in-the-nation status. Plus we check in with Concord Coalition Policy Director Tori Gorman and chief economist Steve Robinson about the $1.7 Trillion Omnibus spending package enacted just before Christmas by Congress and President

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44:58

The Best of 2022 on Facing the Future

Facing the Future ·

2022/12/28

This week on Facing the Future, we listen to the best of our program for 2022. This is a year that saw our national debt top $30 Trillion, surging inflation like we haven't seen since the early 1980s, and the largest ground war in Europe since WWII. And all of this with an economy still recovering from the disruptions of the worst pandemic in 100 years. We'll hear from all sorts of economists and federal policy experts who appeared on Facing the Future this past year - including an advisor to four

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44:57

2022 - What a Year it was for the Federal Budget and...

Facing the Future ·

2022/12/22

This week on Facing the Future, we get the entire Concord Coalition staff on the program to take stock of everything that happened in 2022 that impacted the federal budget and the economy. It was a doozy of a year, with lingering pandemic related supply chain disruptions and a ground war in Europe pushing inflation up to levels we haven't seen in 40 years. The Fed's moves to raise interest rates are making the national debt much more expensive for Congress to carry. We'll review it all plus examine

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44:56

Some Thorny Tax Questions for Now and Later

Facing the Future ·

2022/12/14

This week on Facing the Future, as the clock ticks down the final days of 2022 and Democratic control of the House, several important tax cuts and credits are set to expire. So can lawmakers strike a deal before the Speaker's gavel is passed to Republicans? We'll hear from tax policy expert George Callas, who was at the center of the action when Congress passed the Trump tax cuts. The individual portion of those cuts is also set to expire in a few years, and we'll get George's take on long-term

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44:58

Congressional Dysfunction Strengthens the Power of...

Facing the Future ·

2022/12/07

This week on Facing the Future, we hear from Brookings Institution Senior Fellow Molly Reynolds who specializes in researching Congress. She says the failure of Congress to do the most basic things like pass an annual budget due to partisan polarization and dysfunction weakens the institution and dilutes its constitutionally protected role of appropriating government funds. At the same time, this emboldens Presidents to take unilateral executive actions such as forgiving student loans that cost

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