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Saturday July 4, 2009

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SPOTLIGHT: Saving


Reuters/Rick Wilking - Child carries a U.S. flag in his mouth.

Save to My Portfolio Stop Kicking the Fiscal Can Down the Road

Isabel V. Sawhill, June 11, 2009

While the government has been busy with bailouts, who is going to bail out the U.S. government when our creditors tire of lending to us? And now, thanks to the stimulus, virtually all those over age of 65 are receiving $250 checks, regardless of whether or not they need it. Isabel Sawhill says it’s time for Congress and the administration to get serious about getting our fiscal house in order. Take our survey on these $250 checks here. Read More

Saving, Fiscal Policy, U.S. Economic Stimulus, Federal Budget, U.S. Economy

SPOTLIGHT: Federal Budget


i-stockphoto - boardroom

Save to My Portfolio The Potential Role of Entitlement or Budget Commissions in Addressing Long-term Budget Problems

The Fiscal Seminar Group, June 2009

The United States faces a looming fiscal imbalance brought on by an aging population and rising health care costs. Yet, the current political environment discourages our leadership from making the tough choices required to fix our fiscal house. In this paper, a diverse group of budget experts reviews some of the recent history of appointed commissions, and discusses their potential role in long-term federal budgeting policy. Read More

Federal Budget, Medicare, Social Security, Medicaid, U.S. Economy

SPOTLIGHT: U.S. Economy


Reuters/Jim Young - U.S. President Barack Obama takes part in a town hall meeting.

Save to My Portfolio New Approaches to Addressing Long-Term Fiscal Responsibility

February 19, 2009

A bipartisan group of budget experts from 7 different organizations view President Obama’s Fiscal Responsibility summit as a good first step to addressing the enormous long-term fiscal problem facing the United States, but urge him to lead a major public engagement effort – beyond a one-day summit – to inform Americans of the scale and nature of the long-term fiscal crisis, explain the consequences of inaction and discuss the options for solving the problem. The effort should include the creation of an independent and truly bipartisan commission or other mechanism capable of bringing about decisive action that has broad public support. Read More

U.S. Economy, U.S. Economic Growth, Budget Deficit, Federal Budget, Fiscal Policy

Research and Commentary

Save to My Portfolio An Update on the Economic and Fiscal Crises: 2009 and Beyond

William G. Gale, Alan J. Auerbach, June 2009

William Gale and Alan Auerbach share increasing public concerns about the deficit. Their research shows that as bad as the $1.7 trillion deficit looks for this year, the medium term and long-term numbers are of much greater concern. Our fiscal house of cards has dire implications for the American economy.
Read More

Research and Commentary

Save to My Portfolio Statutory PAYGO: An Important First Step Toward Fiscal Responsibility

Alice M. Rivlin, June 25, 2009

Testifying before the House Budget Committee, Alice Rivlin urged enforcement of the statutory pay-as-you-go budget rules to rein in the long-term deficit. She endorsed the recent actions taken to stimulate the economy and rescue the financial sector, but said the costly measures further obligate Congress and the administration to control deficits. Read More

Online Chat

Save to My Portfolio The Scouting Report: Sparring Over Obama's First Budget

Wednesday, May 13, 2009
12:30 PM to 01:30 PM
Washington, DC

As soon as President Obama sent his detailed budget to Capitol Hill early May, political battles erupted over spending increases, proposed cuts and the increasing load of debt and deficits. Brookings expert Isabel Sawhill took questions on the hard budget choices and consequences with moderator Fred Barbash, Politico senior editor, in this edition of The Scouting Report. Read More

Research and Commentary

Save to My Portfolio Making a Good Budget Better

Alice M. Rivlin, March 26, 2009

President Barack Obama’s budget is the subject of floor debate in the House and Senate this week. Alice Rivlin says that the budget offers good remedies for America’s economic ills, but urges Congress to make it even better by paying for the new investments and reducing the long-term deficits. Read More

About Us

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

Upcoming Events

Save to My Portfolio The Budget, the Deficit, the Future

July 08, 2009

The Brookings Institution

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Recent Research and Commentary

Budget Deficit Obama's Budget Battle

Isabel V. Sawhill, February 26, 2009

U.S. Economic Stimulus The Economic Stimulus Bill and the GDP

Isabel V. Sawhill, January 30, 2009

Federal Budget Budget Policy Challenges

Alice M. Rivlin, January 27, 2009

Federal Budget A Budget We Can Believe In

January 27, 2009

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@ Brookings Podcast

Examining Long-term Fiscal Challenges; Waging War with Robots

In this episode of @ Brookings, experts discuss long-term fiscal challenges. And Peter Singer discusses the amazing advances in robots built for war.

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Spotlight

TopicMigration

Migration is an issue that bridges Brookings’s expertise in domestic and foreign policy. In the United States, reforming immigration policy remains a subject of intense political debate. Globally, the unprecedented movement of people across borders raises issues in both industrialized countries and the developing world.

ExpertSarah A. Binder

Sarah Binder is an expert on Congress and legislative politics.  She is completing a project on the politics of advice and consent, and is at work on the politics of how Congress responds to financial crises.

ExpertMartin Neil Baily

Martin Baily, a former chairman of the Council of Economic Advisers, focuses on issues of globalization, productivity and competitiveness, Social Security reform and U.S. economic policy.

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is a security studies professor at Georgetown University’s School of Foreign Service.

Policy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

Policy CenterCenter on the United States and Europe

The Center on the U.S. and Europe is dedicated to the study of Europe and U.S.-Europe relations. It involves American and European experts in an active program of research, analysis, and debate.

TopicEducation

The economic and political well-being of any democracy requires a well-educated citizenry. Brookings’s work has extended beyond the K-12 bookends to include pre-school interventions and issues in higher education. Experts are tackling fundamental issues on the role of education in the national and global economy.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare and how citizens and public servants can advance sound governance.

ProgramMetropolitan Policy Program

Redefining the challenges facing metropolitan America and promoting innovative solutions to help communities grow in more inclusive, competitive and sustainable ways.

Research Project21st Century Defense Initiative

The 21st Century Defense Initiative produces cutting-edge research, analysis, and outreach that address some of the most critical issues facing leaders shaping defense policy in the coming century. The initiative focuses on three core issues: the future of war, the future of U.S. defense needs and priorities, and the future of the U.S. defense system

Research ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.

Research ProjectBudgeting for National Priorities

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

ExpertEswar Prasad

Eswar Prasad, who holds the New Century Chair in International Economics, is a senior fellow in Global Economy and Development. He is the Tolani Senior Professor of Trade Policy at Cornell University and was previously head of the Financial Studies Division and the China Division at the IMF.

ExpertRobert Puentes

Robert Puentes focuses on the broad array of policies and issues related to metropolitan growth and development. He is an expert on transportation and infrastructure, urban planning, growth management, suburban issues and housing.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.