Today, the Center's executive director, Robert Greenstein, is speaking at the Peter G. Peterson Foundation's National Fiscal Summit.
BEYOND THE NUMBERS
Kudos to the Wall Street Journal’s Gerald Seib for noting in his Capital Journal column today that the country has a major fiscal problem that demands a serious, bipartisan, and balanced policy response. I agree and commend him for the piece.
In this context, here are a few more things to keep in mind on the tax side:
Those who seek a crisp primer on why experts worry about rising deficits and debt should look no further than this morning’s testimony before the President’s fiscal commission by Robert Reischauer, the former Congressional Budget Office director and a member of the Center’s Board of Directors.
With the President’s new fiscal commission having its first meeting this morning, here are three basic points concerning the coming debate over our nation’s budget priorities.
Middle-class families with health insurance might not think they have much at stake in the new health reform law. But as a recent Center report showed, private health coverage for the middle class is surprisingly unstable.
This week on Off the Charts, we examined the huge projected federal budget deficits, implications of health reform, states and the recession, funding for schools and school lunch programs, and next steps for climate change legislation.
This Q & A is part three in a series on myths about health reform and its impact on the federal budget deficit with Jim Horney, our director of federal fiscal policy.
Does today’s report from the Department of Health and Human Services actuaries, estimating that total national spending on health care will rise by 0.9 percent in the first decade under the new health reform law, mean that the law will not control health costs or will cause the deficit to explode? Not at all.
The deep cuts in public services and millionaire-friendly tax policies that New Jersey Governor Chris Christie has proposed have made him a poster child for good governance for conservatives like Fred Barnes and George Will. But his proposals also highlight — if unintentionally — the need for a better, balanced approach to meeting public needs despite a recession-fueled plunge in state revenues.
Climate legislation is set to reappear on the national policy stage next week with Senators Kerry, Graham, and Lieberman unveiling a major bill. In crafting climate legislation, the Senate should include two fundamental features of last year’s House-passed bill: “put a price on carbon” to create the incentives needed to reduce greenhouse-gas emissions, and protect vulnerable consumers from the resulting increase in energy-related prices.