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 productive economy in the future.
Saving Social Security
How Much Does the U.S. Government Lose in Fraud?
Students Rise to the Fiscal Challenge
The 2025 Tax Blob
Rhetoric and Reality of Taxing the Rich
The Economics of Immigration
A Democrat's Case for Fiscal Responsibility
Pros and Cons of the Biden Budget
What to Look for in Biden's Budget
Budget Politics Risk a Shutdown (Again)
Monetary Policy at a Crossroads
CBO - U.S. Fiscal Path is Unsustainable
January Jobs Jolt
Biden's Dubious Tax Pledge
A Bipartisan Tax Bill Takes Shape
Looming Fiscal Cliffs in 2025 and Beyond
Consequences of a Broken Budget Process
Fiscal Challenges for the Next Administration
The 2023 Fiscal Review: Running in Place
The Fed Pivots With a Soft landing in Sight
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