CRFB Releases and Events
Meet Nick, a 24 year old Millennial. In the first installment of our "Meet the Generations" series, we take a look at how the life of Nick (a hypothetical person) will be affected by the fiscal choices our leaders are making now, based on the alternative futures scenarios in CRFB's new paper "America's Fiscal Choices at a Crossroad: The Human Side of the Fiscal Crisis".
Update: Adam Looney of The Hamilton Project participated in today's chat in place of Bill Frenzel - still a very interesting read, check it out below!
Today at 12:30pm, former Congressman Bill Frenzel will be participating in a live chat to answer questions about the on-going budget negotiations. David Mark, senior editor at Politico, will moderate the discussion.
On March 10, the Committee for a Responsible Federal Budget hosted a terrific event entitled America at a Crossroad: The Human Side of the Fiscal Crisis. The event was made possible by the MacArthur Foundation. The purpose was to bring together the major stakeholders and experts on the issues of fiscal reforms, to discuss the benefits of early action to avert a fiscal crisis (whether sudden or gradual) and the calamitous effects a crisis would have on everyday Americans.
Two important events are lined up for today. First, the Senate Budget Committee will hear testimony from Erskine Bowles and Senator Alan Simpson, co-chairs of the President's Fiscal Commission.
Beginning at 9pm, President Obama will address the nation in second annual State of the Union address to Congress and the American public.
CRFB will be live tweeting the event on Twitter (@Budgethawks), providing insight into any statements on spending, revenues, deficits, and debt. We hope there will be many.
Also, be sure to check back to CRFB after the address as we will be posting a brief release on our take on the speech.
While all eyes (for now) are on the President's State of the Union address tomorrow night, the true test of President Obama's fiscal priorities will come in the FY 2012 President's Budget. Hopefully, we'll get a peek in his speech tomorrow night about what will be included in the FY 2012 budget. Today, CRFB released a statement of what we would like to see in that budget in order to put our country back on a sustainable fiscal path.