Fiscal Responsibility Can Grow the Economy

This week on Facing the Future we began by discussing an Illustrative package of 13 federal tax and spending reform options prepared by the Penn-Wharton Budget Model (PWBM). Our guest for this segment was Dr. Kent Smetters, faculty director of the PWBM. Then, Molly Reynolds, senior fellow in Governance Studies at the Brookings Institution, walked us through some big decisions on the budget that the new administration and new Congress will need to make after they take office in January. Concord Coalition chief economist Steve Robinson joined the conversation.