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Before Congress adjourns for its district work period in August, House and Senate Democrats hope to pass the FY 2022 budget resolution.

The federal debt held by the public has already passed 100 percent of GDP, up from 35 percent in 2007 on the eve of the Great Recession.

This week on Facing the Future we talked with Richard Jackson, President and Founder of the Global Aging Institute, and the author of a timely new paper titled, Why the National Debt Still Matters.

To prevent their agenda from stalling, President Biden and congressional Democrats  must secure two major policy victories before recessing for the upcoming month-long district work period: (1) complete negotiations on a nearly $1 trillion bipartisan infrastructure bill and pass it out

Introduction

This week on Facing the Future we looked at a subject on the minds of many economists as well as everyday consumers: what’s up with inflation? Are recent sharp increases something to be concerned about and how does it affect our economic future?

This week on Facing the Future we looked at the nation’s statutory debt limit. What is it? Why doesn’t it work to control the growing debt and are there viable alternatives? To get answers and perspectives, we talked to Susan Irving, of the Government Accountability Office (GAO).

Most Americans know that the defense budget constitutes a substantial portion of federal spending, but there remains plenty of confusion as to just how much.

This week on Facing the Future we turned our attention to national security.

Earlier this year, The Concord Coalition mused whether fiscal watchdogs should fear bipartisanship.