Burden of Debt: A Discussion with Rep. Paul Ryan
A Budgeting for National Priorities Event
The federal deficit, already huge by any standard, is predicted to remain above $1 trillion throughout the next decade and beyond. Many experts estimate that by 2020, the nation's debt/GDP ratio will exceed 90 percent, a level widely perceived to increase the risk of a catastrophic financial event. Neither Congress nor the last two administrations have proposed serious plans to reduce the long-term deficit, although President Obama has appointed a bipartisan commission to make recommendations on how the deficit can be reduced.
On July 22, Brookings will host Rep. Paul Ryan (R-Wisc.), ranking member of the House Budget Committee, who has proposed what he calls "A Roadmap for America's Future." Ryan, who is also a member of the president's deficit commission, will summarize his plan and answer questions. His talk will be followed by comments from budget experts representing diverse views on the changes in spending and taxes required to reduce the deficit.
After the presentations, panelists will take questions from the audience.
Welcome and Introduction
Moderator: Ron Haskins
Senior Fellow and Co-Director, Center on Children & Families
The Brookings Institution
Keynote Speaker
The Honorable Paul Ryan (R-Wisc.)
Ranking Member, Committee on the Budget
U.S. House of Representatives
Panel
Stuart Butler
Vice President, Domestic & Economic Policy Studies
The Heritage Foundation
Stephen Moore
Senior Economics Writer
The Wall Street Journal
Jonathan Rauch
Guest Scholar, The Brookings Institution
Senior Writer and Columnist, The National Journal
Diane Lim Rogers
Chief Economist, The Concord Coalition
Austin Smythe
Staff Director to Rep. Paul Ryan
U.S. House of Representatives
To RSVP for this event, please call the Office of Communications at 202.797.6105 or click here.