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Friday, 12 February 2010 |
On Wednesday, February 3, 2010 Joe Minarik, Senior Vice President of Research gave another informative and timely webinar presentation on the federal budget deficit. Dr. Minarik's thorough analysis addressed some very important questions:
- How much has the federal budget picture changed in the last year?
- Is the President's budget realistic?
- Is the outlook for the public debt improving?
- Is Washington up to the task of fixing the budget?
Listen to the webinar and view the PPT presentation. |
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Tuesday, 26 January 2010 |
Former Senate Budget Chairman Pete Domenici and Former OMB and CBO Director Alice Rivlin to lead Task Force that will produce specific budget plan for consideration by the Administration, Congress and the American People
Calling America’s fiscal path “unsustainable,” the Bipartisan Policy Center today launched its Debt Reduction Task Force to develop a comprehensive, bipartisan plan to reduce projected federal debt. Co-Chaired by former Senator Pete Domenici and Dr. Alice Rivlin, the Domenici-Rivlin Task Force will develop a comprehensive, balanced, and politically-viable package of spending reductions and revenue increases for expedited consideration by Congress and the Administration. |
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Wednesday, 24 June 2009 |
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| Gillian Tett |
Peter G. Peterson |
On Tuesday, June 23, 2009, CED hosted an economic summit at the Waldorf=Astoria Hotel in New York City. The luncheon forum brought together business leaders, economists, and journalists for an in-depth look at the current recession. Participants examined the root causes of the economic downturn and the turmoil in financial markets and offered recommendations for policies that would prevent future economic shocks. For more than 65 years CED has been a leader in promoting policies that will ensure long-term economic growth for America and the global economy.
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Tuesday, 14 April 2009 |
CED, working with graduate students from the University of Michigan Health Care and Life Science Club and Net Impact chapter, hosted a dinner event entitled "Health Care, the Budget Deficit, and the Economy." The event took place on April 14th at the Stephen M. Ross School of Business at the University of Michigan.
The event featured Joe Minarik, CED's Senior Vice President and Director of Research, as a keynote speaker. He discussed why CED believes the employer-based health insurance system is broken, how health care costs affect the U.S. economy, and why health care reform is desperately needed.
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Thursday, 21 August 2008 |
CED has strongly supported fiscal responsibility throughout 66 years of work on federal budget issues. Over the past two years, CED leaders, including Vice President and Director of Research Joseph Minarik, have taken part in the national "Fiscal Wake-Up Tour" with former U.S. Comptroller General David Walker. Mr. Walker is featured in the new documentary film, "I.O.U.S.A." opening in movie theaters on August 21, 2008. We recommend "I.O.U.S.A." to anyone interested in the long-term economic health of the United States.
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Tuesday, 27 September 2005 |
Continuing its leadership in economic and fiscal policy, CED released a new policy statement, A New Tax Framework: A Blueprint for Averting a Fiscal Crisis. The new report presents fiscally responsible recommendations for overhauling the federal tax system and raising the revenues needed to combat mounting federal budget deficits and the fiscal demands presented by an aging society.
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Friday, 13 May 2005 |
As decisions are made in Washington that will have considerable impact on the long-term financial standing of the United States, CED has issued two new reports to inform policymakers and the public about the critical choices, and their consequences, facing the U.S. As Congress deliberates on spending priorities for FY 2006 and beyond, considers making recent tax cuts permanent, and debates various options for Social Security reform, CED has issued a new policy statement, The Emerging Budget Crisis: Urgent Fiscal Choices. The new report presents a sober examination of the large, long-term federal budget deficits facing this country. The report also strongly warns that, with the retirement of the baby-boom generation a few short years away, policymakers can afford to wait no longer to make the difficult decisions necessary to prepare the country for the economic consequences of an aging population. Prudent action is needed now on all budgetary fronts to avoid a financial debacle -- with significant implications for important issues such as taxes, health care, and Social Security.
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Monday, 29 September 2003 |
CED, the Concord Coalition, and the Center on Budget and Policy Priorities held a joint policy briefing to discuss the rapidly deteriorating budget outlook and the policy, economic, and generational impact of rising long-term federal deficits. CED Trustee William W. Lewis, Director Emeritus, McKinsey Global Institute, represented CED and outlined the many fiscal problems poised by the looming retirement of the baby boom generation and the concerns of American business leaders. Lewis was joined by an impressive bi-partisan group of economic experts; Robert E. Rubin, former Treasury Secretary and now a Director and Chairman of the Executive Committee of Citigroup, Inc.; Warren B. Rudman, former Republican Senator from New Hampshire and Founding Co-Chairman of the Concord Coalition; Peter G. Peterson, former Secretary of Commerce and President of the Concord Coalition; and Robert D. Reischauer, former director of the Congressional Budget Office, current President of the Urban Institute. The panel discussed the rapidly deteriorating budget outlook and the policy, economic, and generational impact of rising long-term federal deficits. The three sponsoring groups released a joint statement based on the latest data and developments. To begin the briefing, CED President Charles E.M. Kolb presented an updated look at the CED report, Exploding Deficits, Declining Growth: The Federal Budget and the Aging of America. The report, released in March of this year, urges the Administration and Congress to "wage war on many fronts" against our nation's deteriorating fiscal situation and set aside any effort to stimulate the economy through tax reductions at this time.
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Wednesday, 05 March 2003 |
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| Peter G. Peterson |
On March 5, 2003, CED released Exploding Deficits, Declining Growth: The Federal Budget and the Aging of America. The report urges the Administration and Congress to "wage war on many fronts" against our nation's deteriorating fiscal situation and set aside any effort to stimulate the economy through tax reductions at this time.
CED also joined The Concord Coalition in issuing a joint statement on federal deficits and the long-term danger they pose to the country at a press conference at the National Press Club in Washington, D.C. Peter G. Peterson, President of the Concord Coalition, former U.S. Secretary of Commerce, and CED Trustee joined Josh S. Weston, former CEO of Automatic Data Processing, Inc., and CED Trustee in calling for responsible budget planning that balances current and future priorities. Both groups believe that current tax cut proposals should be viewed in that context.
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