1968 by herb stein, the chair of the council of economic advisors, and has met yearly 40 weeks out of the since. Have marke pleased to thewein to talk about return of the trilliondollar deficits. Before i introduce mark, let me tell you about some upcoming programs. Rivlin on. Alice february 1st talking about said policy. Maybe a little bit about the budget. Director, the founding of the congressional Budget Office. We have commitments to speak in although the dates havent been set by the current chair of the council of economic advisors, kevin hassett, and hall, the congressional budget director. One of thein is sharpest young budget economist yearsficit hawks at 33 old. Experience in of the budget arena. Worked on the Simpson Bowles commission in 2010. The committee that followed that effort in 20 11. Ms from john and hopkins. At thehes there and university of dc. Marc is a new father. Topic is very appropriate in hope that his kid and our more than they have to. Marc goldwein. Well,
And past president of the club. The club was started in 1968 and has met roughly 40 weeks out of every year since, presenting leading economists, talking about issues of the day. Today were pleased to have mark gold wine to talk about the return of a trillion dollar deficits. Before i introduce mark, let me tell you about some upcoming programs. We have dr. Alice rivlen on february 1st at a luncheon right here talking about fed policy, maybe a little bit about the budget we have commitments to speak in february, although the dates havent been set. Mark goldwine is one of the sharpest young budget economist deficit hawks at 33 years old, hes had a lot of experience in the budget arena. He worked on the Simpson Bowles commission in 2010. Hes got a ba and ms in economics from Johns Hopkins and he also teaches there. And at the university of california, d. C. Finally, mark is a new father, so this topic is very appropriate in the hopes that his kid and our kids dont pay more than they have
Departments. The chair is authorized to have five days to submit materials for inclusion in the record. This hearing is entitled examining the operations of the committee on Foreign Investment in the United States. I now recognize myself for five minutes to give an opening statement. The free flow of capital is a bed rock tenant of a United States economy. Ensuring that free flow worldwide has always been a bipartisan goal and im proud to serve as cochair of the Global Investment in america caucus along with our colleagues mr. Holding, mr. Himes, and mr. Meeks. It promotes Global Investment in the United States economy and helps educate members about the importance of Foreign Direct Investment. Today, the United States is both the largest Foreign Investors and the recipient of the largest amount of capital investments. That capital has provided a good deal of the energy that kept our enemy vibrant. Compensating to some extent for our low National Savings rate to provides the fuel for g
Brief. At 1 00 eastern time, we will see hear from randal quarles. At midnight tonight, the u. S. Government will shut down unless of the house and senate can, up with a lastminute compromise. Now, lets find out what is going on outside the business world. Time is running out for a partialo avert shutdown of the u. S. Government pay the house passed a measure that would keep the government open past tonight while Lawmakers Debate a longterm spending measure. Senate say they have the votes to block the bill. They want to include productions for young undocumented immigrants. According to people familiar with the matter, the fed wants to relax part of the post crisis demand to drastically increase capital levels. The fed is said to be opposed by the fdic, which has authority over banking rules. The European Central bank seems to be getting closer to signaling an end to quantitative easing. Almost half of those surveyed believe there will be a definite end date by june. That is a sign tha
Were speaking on the social media level about it, underlying all of that movement are the issues that you brought up that are important. Income inequality is a huge problem in this country. I dont think anyone in this room would argue with that. But the way this generation is choosing to move behind it is in a different vehicle than perhaps generations before us. Yeah, maybe in the front. [ inaudible ] im intrigued the facts you gave around the millenials core issues and for policy global warming, Climate Change and nationally around income inequality, and given that dem graphically, millenials will be the dominant generation over the next ten years, what are the panels views on the Political Landscape and the future Political Landscape of the u. S. And the impact on policy particularly related to those two issues . I think money and politics really shakes my view of the Political Landscape. The confluence and emergence of super pacs, it does affect whos running for office. Well see th