Facing the Future

This week on Facing the Future, we discuss why Congress never does a budget and why that matters for the Constitutional process, the growth of the debt and the fate of younger generations. Our guest is Thomas Kahn, Director of the Center for Congressional and Presidential Studies at American University.

This week on Facing the Future, Mark Zandi, Chief Economist at Moody's Analytics, examines the state of the economy, the effect of artificial intelligence and what a debt-induced crisis might look like.

This week on Facing the Future, we get a status check on the federal deficit and debt from Gordon Gray, Vice President of Budget Analysis at the Peter G Peterson Foundation. Spoiler alert: The debt may hit $40 trillion sooner than anticipated.

This week on Facing the Future we considered how both political parties have deserted the working class, the young and the American Dream. That's the conclusion of our guest Eugene Steuerle in his book Abandoned. Steuerle is an Institute Fellow at the Urban Institute and one of Washington’s most respected experts on the federal budget, tax policy and Social Security.

This week on Facing the Future, Veronique de Rugy and Jason Fichtner explain why Social Security reform is not only a retirement policy imperative but also a fiscal and market-stability imperative. They are the co-authors of a George Mason University Mercatus Center paper titled, "Social Security's Fiscal Gap and the Risk of Bond Market Strain."