June 22, 2011 Seminar: Budget Priorities for the New Congress

Dr. James R. Horney, Vice President for Federal Fiscal Policy,
Center on Budget and Policy Priorities
Dr. Heather Boushey, Senior Economist, Center for American Progress

Wednesday, June 22, 2011, at 6:00 p.m.
(Refreshments 5:45 p.m.)
Conference room 483, Congressional Budget Office
2nd & D Streets, SW, 4th Floor, Washington, DC 20515
(Metro: Federal Center Station)

Light refreshments will be served.  The seminar is free, but please E-mail Melvyn Sacks at MelSacks@verizon.net for reservations.

We have a weak economic environment characterized by high national debt, multi-year budget deficits, and the need to continue economic growth with the necessity to raise the debt ceiling.  With a relatively low level of investments in infrastructure, education, and social services, what should be the priorities of the new Congress?

Tonight we will explore various scenarios designed to decrease the long-term national debt that is consistent with maintaining economic growth and a first-class society with vital social programs in an atmosphere of political polarization and perceived public aversion to tax increases.