This week on Facing the Future, Leon Panetta, one of Washington's most experienced budget experts and a top national security official, gives us his view on what it will take to restore fiscal discipline and why achieving that goal is crucial.
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The Bond Market is King
This week on Facing the Future, we'll check in on the economy and the bond market with Heather Long, chief economist at Navy Federal Credit Union. She recently wrote a paper for the Peter G. Peterson Foundation titled, “Welcome to the New Era of U.S. Debt Where the Bond Market is King.”
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Government Reopens With All The Same Problems
This week on Facing the Future, we look at the daunting agenda facing Congress after passing a budget deal to temporarily reopen the government. Our guest is Ben Ritz, Vice President of Policy Development at the Progressive Policy Institute.
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Untethered Fiscal Policy Challenges the Fed
This week on Facing the Future, Peter Fisher, Distinguished Senior Fellow at the MIT Golub Center for Finance and Policy, describes the potential consequences of America's “untethered fiscal policy” and the risks of hyperinflation or default on the debt.
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Premium Subsidy Extension Should Be Paid For
This week on Facing the Future, we looked at the major impact of health care spending on the federal budget with Anna Bonelli, Director of Health Policy at the Committee for a Responsible Federal Budget. The discussion included expiring enhanced subsidies under the Affordable Care Act (ACA), Medicare insolvency and Medicare Advantage overpayments.