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RESEARCH AND COMMENTARY

Save to My PortfolioTaking Back our Fiscal Future

April 2008, The Brookings Institution and the Heritage Foundation

Taking Back our Fiscal FutureUnsustainable deficits in the federal budget threaten the health and vigor of the American economy. When the next president and Congress take office in January 2009, they will face one crucial question that has been almost absent from the current election campaign: how to close the enormous gap between projected federal spending and revenues. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioBudget Chaos: What, Me Worry?

Bill Frenzel and Ron Haskins, April 07, 2008, The Washington Times

Budget Chaos: What, Me Worry?As the baby boomers begin to retire this year, the burden of Social Security, Medicare and Medicaid will grow relentlessly. With more people in the programs and more expensive benefits, the nation will quickly encounter a budget disaster. Bill Frenzel and Ron Haskins say that dramatic reforms are needed to avoid budget chaos for future generations. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioTaming the Deficit: Forge a Grand Compromise for a Sustainable Future

Bill Frenzel, Charles Stenholm, G. William Hoagland and Isabel V. Sawhill, 2007, Opportunity 08

Currently projected deficits are unsustainable and pose serious risks to the economy, make us dangerously dependent on other countries, impose a "debt tax" on every taxpayer, send the bill for current spending to future generations, and weaken the government's ability to invest in the future or respond to emergencies. The next President will have to act to meet the deficit challenge. Read More

BOOK

Save to My PortfolioRestoring Fiscal Sanity 2007: The Health Spending Challenge

Alice M. Rivlin and Joseph R. Antos, March 01, 2007

Exceeding $2 trillion annually, health care spending in the United States is growing significantly faster than the national economy. If left unchecked, this health spending crisis will threaten Americans' ability to pay for other essential services. Read More

BOOK

Save to My PortfolioRestoring Fiscal Sanity 2005: Meeting the Long-Run Challenge

Alice M. Rivlin and Isabel V. Sawhill, May 01, 2005

In this second volume of Restoring Fiscal Sanity, a group of policy experts focus on how to bring spending and revenues in line over the next decade, and even more important, how to balance them over the longer term. They suggest reforms in th Read More

PAST EVENT

Save to My PortfolioFiscal Accomplishments and Budget Update: A Discussion with OMB Director Peter Orszag

Wednesday, July 28, 2010
10:30 AM to 11:30 AM
Washington, DC

Photo by Paul MorigiOn July 28, Brookings hosted Peter Orszag, director of the Office of Management and Budget (OMB), for a discussion of the economic and fiscal accomplishments of the Obama administration and the path ahead. Read More

VIDEO

Save to My Portfolio@ Brookings Podcast: The Federal Budget Deficit and Financial Security

Alice M. Rivlin, March 12, 2010

This week @Brookings, has the federal deficit grown so big that we’re about to lose our ability to borrow any more? Alice Rivlin tackles the question.

RESEARCH AND COMMENTARY

Save to My PortfolioBudget 2011: Industry Clusters as a Paradigm for Job Growth

Mark Muro and Sarah Rahman, February 03, 2010, The Brookings Institution

Budget 2011: Industry Clusters as a Paradigm for Job GrowthThe Obama administration’s FY2011 budget request unveils several proposals to support regional industry or innovation “clusters” through multiple federal departments, which could put the U.S. on par with other nations in providing support to these systems of business development. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioIs Head Start Working for American Students?

Grover J. "Russ" Whitehurst, January 21, 2010, The Brookings Institution

Is Head Start Working for American Students?Head Start is the iconic federal preschool program intended to enhance the health and school readiness of America’s poor children. However, there have long been questions about the effectiveness of Head Start, writes Grover “Russ” Whitehurst. The children in Head Start are at high risk of starting school far behind their more advantaged peers; the program must be improved and preschool is where it has to start, Whitehurst argues. Read More

VIDEO

Save to My PortfolioBen Bernanke’s Second Term and the Federal Budget Forecast

Alice M. Rivlin, August 27, 2009

President Barack Obama has nominated Ben Bernanke to serve a second term as Chairman of the Federal Reserve. The nomination came on the same day the White House announced a sharp increase in projected deficits. Alice Rivlin says the deficit projections should serve as an impetus for officials to step up efforts to fix the floundering economy. She also gives the Bernanke nomination her nod of approval.

RESEARCH AND COMMENTARY

Save to My PortfolioDeficit: What Caused It, Why It Matters

William G. Gale and Alan J. Auerbach, July 30, 2009, CNNMoney.com

Deficit: What Caused It, Why It MattersWilliam Gale and Alan Auerbach discuss the size of the long-term budget deficit and why it must be brought under control. They urge fiscal discipline with delicate timing: imposing spending cuts and tax increases too late risks precipitating a crisis in financial markets; imposing fiscal discipline too soon risks weakening the recovery or worsening the recession, as actually happened in the United States in the 1930s. Getting this mix right will require luck, discipline, imagination and leadership. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioWill Obama’s Agenda Pass Congress’s Budget Resolution?

William A. Galston, March 26, 2009, The Brookings Institution

The Congressional Budget Office’s analysis of President Obama’s budget proposal projects a deficit of $9.3 trillion over the next decade, thereby forcing congressional leaders to look for changes to reduce it. Although the Senate Budget Committee has not yet finished marking up its version of the fiscal year 2010 budget resolution, Democrats are likely to diverge from the president’s desires. While Congress supports most of the president’s priorities, they are poised to sideline many of the programs President Obama proposed to implement, writes William Galston. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioOffice of Management and Budget’s Congressional Mandates to Provide Information on Federal Spending

Andrew Reamer, September 05, 2008, National Academy of Sciences

In a recent National Academy of Science workshop, Andrew Reamer reviews the array of mandates that Congress has given the White House Office of Management and Budget to maintain data repositories and publish reports on federal expenditures—including grants and contracts—by geography. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioAn Analysis of the Tenth Government Report On the Costs and Benefits of Federal Regulations

Robert Hahn and Robert E. Litan, June 2007, AEI-Brookings Joint Center Regulatory Analysis 07-02

This paper critically reviews the draft of the Office of Management and Budget's tenth report on the benefits and costs of federal regulations. The draft report is similar to previous reports, and does not break new ground. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe President's New Executive Order on Regulation

Robert Hahn and Robert E. Litan, January 2007, AEI-Brookings Joint Center, Policy Matters 07-06

Robert W. Hahn and Robert E. Litan agree that the president’s executive order on regulation is a step in the right direction, but the order should take a more significant step by subjecting all federal regulatory agencies to the same kind of discipline that the executive order requires of executive agencies. Read More

In Brief

As part of the Exeuctive Office of the President, OMB assists the president in overseeing the preparation of the federal budget and supervising its administration in executive branch agencies. The office also has roles in financial management, information policy and regulatory issues.

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John L. Thornton China CenterPolicy 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.

Isabel V. SawhillExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families and the Budgeting for National Priorities Project at Brookings.

William G. GaleExpertWilliam G. Gale

Bill Gale, the Arjay and Frances Miller Chair in Federal Economic Policy in the Economic Studies Program at Brookings, is an expert on tax policy, fiscal issues, pensions, and saving behavior. He is also co-director of the Tax Policy Center and director of the Retirement Security Project.

Budgeting for National PrioritiesResearch 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.

Darrell M. WestExpertDarrell M. West

Darrell M. West is vice president and director of Governance Studies and founding director of the Center for Technology Innovation at Brookings. His studies include technology policy, electronic government, and mass media.

Energy and ClimateTopicEnergy and Climate

What will it take to mitigate severe climate disruption? What should our priorities be in the relationship between fresh water and climate change? What will it take to help vulnerable countries and regions adapt to change already taking place?

Global ChangeTopicGlobal Change

How do we develop more realistic approaches and more effective means of ending intractable old conflicts and preventing new ones? How do we enhance measures to thwart nonstate actors—especially terrorists and illicit traffickers—and prevent the spread of nuclear weapons?

Growth through InnovationTopicGrowth through Innovation

What new practices and mechanisms will help prevent another economic downturn from turning into a financial panic that could become a truly global meltdown? What changes in the public and private sectors will build the workforce and infrastructure required for a global information-based economy?

Opportunity and Well-beingTopicOpportunity and Well-being

As they weather the current economic storm, will our governments and societies address the basic needs and aspirations of the least well-off? How can we better use education to raise individual aspirations? How should governments around the world accelerate preparations to provide social services for the billions moving from poverty into the middle class?

Alice M. RivlinExpertAlice M. Rivlin

In February 1975, the Congressional Budget Office was established with Alice Rivlin as its first director. Rivlin is an expert on urban issues as well as fiscal, monetary and social policy and directs the Greater Washington Research project at Brookings.

Center for Technology InnovationPolicy CenterCenter for Technology Innovation

The Center for Technology Innovation is at the forefront of shaping public debate on technology innovation and developing data-driven scholarship to enhance understanding of technology’s legal, economic, social, and governance ramifications.

Robert KaganExpertRobert Kagan

Robert Kagan is an expert and frequent commentator on Egypt, the Middle East, U.S. national security, and U.S.-European relations. He writes a monthly column on world affairs for the Washington Post and is a contributing editor at the Weekly Standard and the New Republic.

Daniel KaufmannExpertDaniel Kaufmann

Daniel Kaufmann was previously the director at the World Bank Institute, leading the work on governance and anti-corruption. His areas of expertise are public sector and regulatory reform, development, governance and anti-corruption.

Mwangi S. KimenyiExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is senior fellow and director of the Africa Growth Initiative. The founding executive director of the Kenya Institute for Public Policy Research and Analysis (1999-2005), he focuses on Africa's development including institutions for economic growth, political economy, and private sector development.

Donald KohnExpertDonald Kohn

Donald Kohn is a 40-year veteran of the Federal Reserve System and served as vice chairman of the Board of Governors of the Federal Reserve from 2006 to 2010. He was recently appointed by the government of the United Kingdom and the Bank of England to serve on its interim Financial Policy Committee. Kohn focuses on issues of monetary policy, financial regulation and macroeconomics.

Brookings Mobile ApplicationsNEW FEATUREBrookings Mobile Applications

Stay up-to-date with our independent, high-quality research, learn about Brookings events and search our directory of experts all from your BlackBerry, iPad, iPhone or Android device.

Shadi HamidExpertShadi Hamid

Shadi Hamid focuses on Islamist political parties and democratic reform in the Middle East. Prior to joining Brookings, he was Director of Research at the Project on Middle East Democracy (POMED) and a Hewlett Fellow at Stanford University’s Center on Democracy, Development, and the Rule of Law.

Katherine SierraExpertKatherine Sierra

Katherine Sierra is a senior fellow in the Global Economy and Development program. A former vice president for sustainable development at the World Bank, she focuses on climate change and energy.

State of Metropolitan AmericaMetropolitan Policy ProgramState of Metropolitan America

Foreshadowing 2010 Census results, this new Brookings report and interactive map defines who Americans are—and who they are becoming—in the face of continued growth, population aging and diversification, uneven educational attainment and income polarization.

Africa Growth InitiativeResearch 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.

Center on Children and FamiliesPolicy 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.

Vanda Felbab-BrownExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is the author of Shooting Up: Counterinsurgency and the War on Drugs (Brookings Institution Press, 2009).

Suzanne MaloneyExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.