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This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, guides us through the tax cut bill rolled out by House Ways and Means Committee Republicans. We'll discuss how big it is, whether it's good tax policy and will it be paid for?
This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, guides us through the tax cut bill rolled out by House Ways and Means Committee Republicans. We'll discuss how big it is, whether it's good tax policy and will it be paid for?
No one wants to talk about the $1.8 Billion Federal Budget deficit - especially the two candidates running for president and their political parties. But, as Marc Goldwein of the Committee for a Responsible Budget warns, the interest costs alone to serve that debt are approaching 17% of government spending, which is more than we spend on defense, education and healthcare. Both presidential candidates are pushing policies that would only amplify that debt by trillions of dollars over the next decade, bringing with it inflation, high interest rates, a debt spiral and a massive devaluing of U.S. Treasuries. The debt matters, but don't tell Washington D.C. LINKS FOR SHOW NOTES: https://www.investopedia.com/warren-buffett-berkshire-hathaway-apple-stock-cash-pile-q3-2024-8738738 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_110124.pdf https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8737801 https://www.crfb.org/ https://www.investopedia.com/presidents-and-their-impact-on-the-stock-market-4587369 https://www.investopedia.com/what-economists-think-harris-trump-economic-plans-presidential-election-8700373 Learn more about your ad choices. Visit podcastchoices.com/adchoices
No one wants to talk about the $1.8 Billion Federal Budget deficit - especially the two candidates running for president and their political parties. But, as Marc Goldwein of the Committee for a Responsible Budget warns, the interest costs alone to serve that debt are approaching 17% of government spending, which is more than we spend on defense, education and healthcare. Both presidential candidates are pushing policies that would only amplify that debt by trillions of dollars over the next decade, bringing with it inflation, high interest rates, a debt spiral and a massive devaluing of U.S. Treasuries. The debt matters, but don't tell Washington D.C. LINKS FOR SHOW NOTES: https://www.investopedia.com/warren-buffett-berkshire-hathaway-apple-stock-cash-pile-q3-2024-8738738 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_110124.pdf https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8737801 https://www.crfb.org/ https://www.investopedia.com/presidents-and-their-impact-on-the-stock-market-4587369 https://www.investopedia.com/what-economists-think-harris-trump-economic-plans-presidential-election-8700373 Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week on Facing the Future, we'll get a briefing from Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, on the potential fiscal impact of the Harris and Trump campaign proposals. Concord Coalition Chief Economist Steve Robinson joins the conversation.
This week on Facing the Future, we'll get a briefing from Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, on the potential fiscal impact of the Harris and Trump campaign proposals. Concord Coalition Chief Economist Steve Robinson joins the conversation.
First, we dig into a new analysis of the cost of the candidates' tax and spending plans with Marc Goldwein (gold-wine) from the Committee for a Responsible Federal Budget. Then, Pew Research Center's Mark Hugo Lopez discusses the role and political influence of Latino voters in this year's elections. Plus, we speak to documentary filmmaker Robin Barnwell about his recent PBS Frontline film examining the Israel-Hamas war, one year later. Learn more about your ad choices. Visit megaphone.fm/adchoices
Join Chuck and Sam on this week's Breaking Battleground episode as they welcome Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, and David Harsanyi, senior editor at The Federalist. With expertise in inflation, interest rates, and the national debt, Marc dives deep into the economic challenges facing the nation. Later, David Harsanyi, joins the show, offering bold insights on the Middle East crisis, CBS letting Catherine Herridge go for digging into government corruption, and more. From discussing the looming threat against Israel to the implications of rising inflation, each guest brings a dynamic discussion, challenging perceptions and enhancing understanding of the issues that shape our world. Stay tuned for Kiley's Corner, where she was in a positive mood today and discussed two feel-good stories: one about a rubber duck who traveled 423 miles, and another about five sorority sisters from the University of Georgia who rescued a family from their sinking car.Connect with us:www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegrounds-About out guestsMarc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. He is frequently quoted in a number of major media outlets and works regularly with Members of Congress and their staffs on budget-related issues. Previously, Marc served as Associate Director of the National Commission on Fiscal Responsibility and Reform (The Fiscal Commission) and senior budget analyst on the Joint Select Committee on Deficit Reduction (The Super Committee). He also conducted research for the Government Accountability Office, the World Bank, the Historian's Office at the Social Security Administration, and the Institute of Governmental Studies at UC Berkeley. In addition to his work at the Committee, Marc serves on Martha's Tables' Business Advisory Council and teaches economics at Johns Hopkins University and the University of California DC. Marc is the recipient of the Johns Hopkins University Excellence in Teaching award and was featured in the Forbes "30 Under 30" list for Law & Policy. He holds a BA and MA from Johns Hopkins University. Find him on Twitter at @MarcGoldwein. Learn more about Center for Responsible Budget at www.crfb.org. -David Harsanyi is a senior editor at The Federalist, a nationally syndicated columnist, a Happy Warrior columnist at National Review, and author of five books—the most recent, Eurotrash: Why America Must Reject the Failed Ideas of a Dying Continent. Get full access to Breaking Battlegrounds at breakingbattlegrounds.substack.com/subscribe
This week on Facing the Future, we'll look at what happens at the end of 2025 when many of the tax cuts enacted in 2017 are scheduled to expire. What should Congress be doing to prepare for this fiscal cliff? How much would it cost to extend the tax cuts? Are there viable options to offset the revenue loss? We'll get some perspectives on all these questions from Marc Goldwein of the Committee for a Responsible Federal Budget.
This week on Facing the Future, we'll look at what happens at the end of 2025 when many of the tax cuts enacted in 2017 are scheduled to expire. What should Congress be doing to prepare for this fiscal cliff? How much would it cost to extend the tax cuts? Are there viable options to offset the revenue loss? We'll get some perspectives on all these questions from Marc Goldwein of the Committee for a Responsible Federal Budget.
Tommy talks to Marc Goldwein, Senior Vice President and policy director for the Committee for a Responsible Federal Budget
Tommy talks with Marc Goldwein, Senior Vice President and policy director for the Committee for a Responsible Federal Budget
Tommy talks with Marc Goldwein, Senior Vice President and policy director for the Committee for a Responsible Federal Budget
The US Treasury recently increased the size of its securities auctions to help accommodate a widening Federal deficit. With the biggest pandemic stimulus bills in the rearview mirror, bond investors are worried that big deficits are no longer a temporary phenomenon. Rising interest rates, demographic changes, and a gridlocked political climate are complicating any easy path to budget reform. In this episode, we talk with Marc Goldwein, Senior Vice President and Senior Policy Director at the Committee for a Responsible Federal Budget, about the primary drivers behind recent Federal deficits and how to think about the future budget trajectory.
Senator Tim Scott has dropped out of the 2024 presidential race, leaving just a few candidates in the GOP primary that are polling above 5 percent. Meanwhile, troubling poll numbers for the Biden and Trump campaigns came out of a recent Quinnipiac survey that showed RFK Jr. with 22 percent of support in a hypothetical three-way race with the incumbent and former President. First, Fox News contributor and host of ‘The Ben Domenech Podcast,' Ben Domenech, joins the Rundown to explain how the White House is navigating kitchen table issues and RFK Jr.'s potential role as 2024 spoilers. Later, Democratic strategist and former Biden campaign surrogate Kevin Walling joins to break down how the Biden administration plans to win back angered sections of the Democratic base. House Speaker Mike Johnson (R-LA) has proposed a new continuing resolution to keep the government funded through the remainder of the year, attempting to narrowly avoid a shutdown as the November 17th deadline approaches. However, his proposed CR is unusual compared to the past, with Speaker Johnson seeking to set two separate deadlines. Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, Marc Goldwein, joins the podcast to analyze Speaker Johnson's new plan and describe why neither party is willing to address the root of the problem. Plus, commentary by former Congressman Jason Chaffetz, host of the Jason in the House podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices
Senator Tim Scott has dropped out of the 2024 presidential race, leaving just a few candidates in the GOP primary that are polling above 5 percent. Meanwhile, troubling poll numbers for the Biden and Trump campaigns came out of a recent Quinnipiac survey that showed RFK Jr. with 22 percent of support in a hypothetical three-way race with the incumbent and former President. First, Fox News contributor and host of ‘The Ben Domenech Podcast,' Ben Domenech, joins the Rundown to explain how the White House is navigating kitchen table issues and RFK Jr.'s potential role as 2024 spoilers. Later, Democratic strategist and former Biden campaign surrogate Kevin Walling joins to break down how the Biden administration plans to win back angered sections of the Democratic base. House Speaker Mike Johnson (R-LA) has proposed a new continuing resolution to keep the government funded through the remainder of the year, attempting to narrowly avoid a shutdown as the November 17th deadline approaches. However, his proposed CR is unusual compared to the past, with Speaker Johnson seeking to set two separate deadlines. Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, Marc Goldwein, joins the podcast to analyze Speaker Johnson's new plan and describe why neither party is willing to address the root of the problem. Plus, commentary by former Congressman Jason Chaffetz, host of the Jason in the House podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices
Senator Tim Scott has dropped out of the 2024 presidential race, leaving just a few candidates in the GOP primary that are polling above 5 percent. Meanwhile, troubling poll numbers for the Biden and Trump campaigns came out of a recent Quinnipiac survey that showed RFK Jr. with 22 percent of support in a hypothetical three-way race with the incumbent and former President. First, Fox News contributor and host of ‘The Ben Domenech Podcast,' Ben Domenech, joins the Rundown to explain how the White House is navigating kitchen table issues and RFK Jr.'s potential role as 2024 spoilers. Later, Democratic strategist and former Biden campaign surrogate Kevin Walling joins to break down how the Biden administration plans to win back angered sections of the Democratic base. House Speaker Mike Johnson (R-LA) has proposed a new continuing resolution to keep the government funded through the remainder of the year, attempting to narrowly avoid a shutdown as the November 17th deadline approaches. However, his proposed CR is unusual compared to the past, with Speaker Johnson seeking to set two separate deadlines. Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, Marc Goldwein, joins the podcast to analyze Speaker Johnson's new plan and describe why neither party is willing to address the root of the problem. Plus, commentary by former Congressman Jason Chaffetz, host of the Jason in the House podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. He works regularly with Members of Congress and their staffs on budget-related issues. In this podcast we discuss: the scale of US debt and deficit, how COVID impacted spending, trends in healthcare, social security spending, and taxes, and much more. Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
WATCH THE VIDEO OF THIS PODCAST HERE: https://www.thetayf.com/pages/multimedia?wchannelid=c4ogwxwvtw&wmediaid=q3pnzuwrevOn today's podcast, Ric explores the critical state of Social Security funding with Marc Goldwein, Senior Policy Director at the Committee for a Responsible Federal Budget, highlighting a potential shortfall by 2033. They discuss necessary policy reforms to safeguard young workers' financial futures amidst these challenges. Separately, Ric addresses the escalating costs of Alzheimer's disease, emphasizing its profound impact on families and healthcare economics. The episode offers actionable insights into fiscal strategies and the importance of early financial planning.Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ricRic's Books: https://www.amazon.com/stores/Ric-Edelman/author/B000APYJPM-----Links from today's show:Invesco Nasdaq 100 ETF: https://www.invesco.com/us/en/etf/nasdaq-100-qqqm.htmlInvesco S&P 500 Equal Weight ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RSPInvesco S&P 500 Pure Value ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RPVTax-loss harvesting: Your investment losses could lower your tax bill: https://www.invesco.com/us/en/insights/tax-loss-harvesting-could-lower-your-tax-bill.htmlHow to avoid the downside of capital gains: https://www.invesco.com/us/en/insights/how-to-avoid-downside-of-capital-gains.htmlEdelman Financial: https://www.edelmanfinancialengines.com/Medicare Hospital Insurance Trust Fund: https://www.taxpolicycenter.org/briefing-book/what-medicare-trust-fund-and-how-it-financedCommittee for a Responsible Federal Budget: https://www.crfb.org/Committee for a Responsible Federal Budget - Issue Areas list: https://www.crfb.org/issue-areasHighway Trust Fund: https://www.taxpolicycenter.org/briefing-book/what-highway-trust-fund-and-how-it-financedInfrastructure Investment and Jobs Act: https://en.wikipedia.org/wiki/Infrastructure_Investment_and_Jobs_ActInflation Reduction Act: https://en.wikipedia.org/wiki/Inflation_Reduction_ActSelf-Care with Jean Edelman: http://www.selfcarewithjean.com/-----Follow Ric on social media:Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/X (formerly Twitter): https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelmanBrought to you by:Global X ETFs: https://www.globalxetfs.com/Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlSchwab: https://www.schwab.com/Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee-----
As part of the House's plan to pay for its aid package to Israel... the legislation includes $14.3 billion in cuts to funding for the IRS. While we should send aid to Israel.. should we be cutting tax revenue too? Marc Goldwein from the Committee for a Responsible Federal Budget says that while this is just a drop in the bucket, it's still adding to our record-breaking deficits.
This week on Facing the Future, we looked at the final federal budget numbers for Fiscal Year 2023 and why the deficit shot up. Then we discussed President Biden's $106 billion supplemental spending request for Ukraine, Israel and other international priorities. And finally, we heard from Brian Riedl of the Manhattan Institute and Marc Goldwein of the Committee for a Responsible Federal Budget on the threat of rising interest rates and the prospects for a new fiscal commission.
Tommy talks with Marc Goldwein, Senior Vice President and policy director for the Committee for a Responsible Federal Budget
This week on Facing the Future, we looked at the final federal budget numbers for Fiscal Year 2023 and why the deficit shot up. Then we discussed President Biden's $106 billion supplemental spending request for Ukraine, Israel and other international priorities. And finally, we heard from Brian Riedl of the Manhattan Institute and Marc Goldwein of the Committee for a Responsible Federal Budget on the threat of rising interest rates and the prospects for a new fiscal commission.
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget (CRFB), where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. Marc joins Macro Musings to talk about the US government budget, its structure, its challenges, and its long-term trajectories. David and Marc also discuss the basics of government shutdowns and the budgetary process, how the most recent inflationary episode unfolded, how to fix the US budget over the long run, and a lot more. Transcript for this week's episode. Last chance to register for the Bennett McCallum Monetary Policy Conference! Marc's CRFB profile Marc's Twitter: @MarcGoldwein David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Join the Macro Musings mailing list! Check out our new Macro Musings merch! Related Links: *Government Shutdowns Q&A: Everything You Should Know* by the Committee for a Responsible Federal Budget *Retirees Face a $17,400 Cut if Social Security Isn't Saved* by the Committee for a Responsible Federal Budget *Amid GOP Confusion, U.S. Braces for ‘First-ever Shutdown About Nothing'* by Jeff Stein
In this weekend's episode, three segments from this past week's Washington Journal First – as a government shutdown looms on Capitol Hill – a closer look at federal spending and a new projection showing the federal budget deficit expected to hit $2 Billion dollars this fiscal year. That conversation with Marc Goldwein – senior vice president for the Committee for a Responsible Federal Budget Then - Victor Cha of the Center for Strategic & International Studies discusses the recent meeting between Russia's Vladimir Putin and North Korea's Kim Jong Un - and what it means for Russia's War Against Ukraine. Plus –a conversation with Mary Dickson –an advocate for survivors of nuclear weapons testing in the U.S. during the 1950s and 60s. She'll discuss her push for compensation for victims of radiation exposure – and the impact of the recent "Oppenheimer" movie. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tommy talks with Marc Goldwein, Senior Vice President and policy director for the Committee for a Responsible Federal Budget
As Congress stumbles to pass an actual budget for Fiscal Year 2024... our nation's debt continues to march towards unsustainability. Today... the US National Debt hit $33 Trillion. Marc Goldwein from the Committee for a Responsible Federal Budget joins to discuss how this impacts our future and what Congress should be thinking about when it funds the government.See omnystudio.com/listener for privacy information.
On Episode 15 of the D.C. Debrief, host John Stolnis speaks with Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget about this year's federal deficit expected to grow by two trillion dollars this year. Also, the Senate returns as battles over spending on Ukraine, natural disasters and avoiding a government shutdown loom, North Korea and Russia appear to be talking about an arms deal, and a record sentence is handed down for a January 6th defendant.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Thursday, September 7th, 2023. Olive Tree Biblical Software: Discover why more than a million people use the free Olive Tree Bible App as their go-to for reading, studying, and listening to the God’s Word. Start by downloading one of many free Bibles and start taking notes, highlighting verses, and bookmarking your favorite passages. You can read at your own pace, or choose from a large selection of Reading Plans, including the Bible Reading Challenge. When you are ready to go deeper into your studies, Olive Tree is right there with a large selection of study Bibles, commentaries, and other helpful study resources available for purchase. There’s also an extensive bookstore allows you to build your digital library one book at a time and Olive Tree’s sync technology lets you pick up where you left off on your tablet, pc or phone and get right to studying on another supported device. Now here's the best part – You can start with the Olive Tree Essentials Bundle for FREE. Visit www.olivetree.com/FLF and download it today! https://www.foxbusiness.com/economy/us-federal-budget-deficit-projected-double-year US federal budget deficit projected to double this year The U.S. federal deficit is projected to nearly double this year as a result of higher interest rates and lower tax revenue. The gap between what the government spends and what it collects is expected to grow from about $1 trillion last year to $2 trillion for the 2023 fiscal year that ends Sept. 30, according to the latest projections from the Committee for a Responsible Federal Budget (CRFB), a nonpartisan group that advocates for reducing the federal deficit. "This would be the highest deficit we’ve ever had outside of a recession or national emergency," Marc Goldwein, a senior policy director at CRFB, told FOX Business. The sizable increase stems from a number of factors, including high inflation, more expensive interest payments and a drop in tax receipts. It comes on the heels of a record drop in the budget shortfall last year, as the deficit dropped from close to $3 trillion to roughly $1 trillion after the government's record spending during the COVID-19 pandemic in 2020 and 2021. In 2022, the government enjoyed a surge in capital gains revenue after Americans capitalized on the booming market the previous year, sold more stock and recorded large gains. The market has not fared as well since then, leading to a sharp drop in capital gains tax revenue compared with last year. The Treasury Department likewise benefited from a spike in general tax collection, because surging inflation essentially pushed up nominal income for millions of households. Although the IRS indexes the tax code to inflation, it does so on a lag. Higher federal income tax brackets and standard deductions took effect at the beginning of 2023, essentially allowing more Americans to shield their income from the IRS. Social Security and Medicare are also indexed to inflation, meaning the government is spending more money on those programs than it did in fiscal year 2022. "But mostly what’s happening is it’s coming to the new normal, from an unusually low 2022 deficit," Goldwein said. "That’s pretty scary, because normal before the pandemic was $1 trillion. And in 2015, it was $500 billion. So we went from $500 billion is the normal, to $1 trillion is the normal, to $2 trillion is the normal in less than a decade." The figures exclude President Biden's $400 billion student loan cancellation plan, which was counted in the official 2022 deficit numbers but never implemented because the Supreme Court struck the policy down. Such massive spending imbalances highlight the toll that high and rising debt can take on everyday Americans. High deficits can fuel inflation, and high debt can push up interest rates. "Mortgage rates are as high as they’ve been since well before the financial crisis," Goldwein said. "Car loan rates, student loan rates, credit card rates, they’re all really high." The deficit surge comes as lawmakers rush to avert a government shutdown. The White House has urged Congress to pass a short-term funding measure, known as a continuing resolution, in order to keep the government solvent while lawmakers continue negotiations over longer-term funding bills. Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Kevin McCarthy, R-Calif., have both said they want to pass a short-term deal to keep the government running. However, a group of House Republicans — the House Freedom Caucus — is demanding a number of concessions as part of the continuing resolution, raising the risk of more down-to-the-wire drama on Capitol Hill. https://www.washingtonexaminer.com/news/white-house/biden-mask-indoors-jill-biden-covid Biden to wear mask indoors after COVID-19 exposure President Joe Biden will don a mask indoors after he was exposed to COVID-19 through his wife, first lady Jill Biden, according to the White House. https://twitter.com/i/status/1699269260260823345 - Play Video Now, Studies have repeatedly shown masks don't prevent Covid transmission and might even have health consequences to wearers. - But I digress. Biden, who awarded the Medal of Honor to Army Capt. Larry Taylor for conspicuous gallantry on Tuesday, is expected to depart Thursday for India and the Group of 20 leaders summit. During the Medal of Honor ceremony, Biden took off his mask for his remarks and did not put it back on to hang the trinket around Taylor's neck or to leave the East Room. National security adviser Jake Sullivan downplayed the prospect that a presidential COVID-19 diagnosis would disrupt his foreign trip based on leaders' past experience social distancing during the pandemic. https://www.theblaze.com/news/75000-sia-illegal-border-crossings 75,000 illegal immigrants flagged as having possible ties to terrorism in the last year, according to CBP data U.S. Customs and Border Protection flagged approximately 75,000 illegal immigrants as being possible national security threats or having terroristic ties in the previous 10 months leading up to August 2023, the Daily Caller reported. CBP data showed that between October 2022 and August 2023, 74,904 illegal aliens were labeled as "SIA Encounters," which stands for "Special Interest Alien." According to a Department of Homeland Security article, an SIA is a "non-U.S. person" who potentially "poses a national security risk to the United States or its interests." "Often such individuals or groups are employing travel patterns known or evaluated to possibly have a nexus to terrorism. DHS analysis includes an examination of travel patterns, points of origin, and/or travel segments that are tied to current assessments of national and international threat environments," the DHS stated. "This does not mean that all SIAs are 'terrorists,'" the government report added. However, the travel and behavior of certain individuals "indicates a possible nexus to nefarious activity (including terrorism) and, at a minimum, provides indicators that necessitate heightened screening and further investigation." The unearthed numbers were a massive increase from the reported 25,627 special interest encounters from fiscal year 2022, and the comparably miniscule 3,675 from fiscal year 2021. Illegal immigrants can automatically be deemed SIAs based on their country of origin, such as Turkey or Uzbekistan, due to such countries' status as a "source and transit country." DHS didn’t respond to a request for comment from the Daily Caller regarding the SIA figures. CBP and the DHS are under heightened scrutiny as a result of the shocking increase in border crossing encounters under the Biden administration. A former immigration judge claimed in late August 2023 that the DHS was deliberately not disclosing the number of illegal immigrants who have been released into the United States each month. "The only reason why ICE and OFO [Office of Field Operations] would refuse to disclose that information is to hide the fact that it is releasing more than 100,000 aliens per month into the United States and to conceal the effects of those migrant releases on communities across the United States," Andrew Arthur said. Border encounters in fiscal year 2023 are on pace to match the near 2.4 million that were seen in 2022. There were just over 1.7 million encounters in 2021, while in 2020, President Trump's administration saw a little more than 450,000. https://townhall.com/tipsheet/leahbarkoukis/2023/09/05/ev-florida-n2627949#google_vignette Electric Vehicles Are Causing Issues After Hurricane Idalia Electric vehicles are catching on fire after Hurricane Idalia made landfall in Florida last week. According to local reports, at least two Tesla EVs ignited after saltwater from the storm surge damaged their batteries and other electrical components. One vehicle lit up in Pinellas Park and another car fire occurred in Palm Harbor. “Carfax says owners need to understand the fire risk doesn’t go away after their EV dries out,” ABC Actions News told viewers. “The salt water that is flooding can get into the battery and dry there and once it dries it creates what federal safety officials call bridges between cells and that can lead to fires and those fires can come anywhere from days to weeks later and once an EV catches fire it is incredible difficult to put it out,” said Patrick Olsen of Carfax. After Hurricane Ian, 21 electric vehicles caught fire in the state, prompting officials to warn residents ahead of Idalia's approach. “We saw a number of fires associated with EVs from Hurricane Ian. We know that the saltwater from storm surge can compromise these batteries, causing fires which cannot be easily suppressed,” Florida Chief Financial Officer Jimmy Patronis said at the time. “The best fire teams can do is keep water on the battery until the fuel burns out. If you’re evacuating and leaving an EV, or other lithium ion powered devices like scooters or golf carts in your garage, you’re creating a real fire threat for your home, your communities, and first responders," he added. "Take this threat seriously. If there’s even a small risk of your EV being impacted by storm surge, move it to higher ground before it’s too late.” One home that managed to survive Ian ended up burning to the ground because of a saltwater-damaged EV. EV vehicle owners are being advised to park affected cars at least 50 feet away from any structures that could catch fire.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Thursday, September 7th, 2023. Olive Tree Biblical Software: Discover why more than a million people use the free Olive Tree Bible App as their go-to for reading, studying, and listening to the God’s Word. Start by downloading one of many free Bibles and start taking notes, highlighting verses, and bookmarking your favorite passages. You can read at your own pace, or choose from a large selection of Reading Plans, including the Bible Reading Challenge. When you are ready to go deeper into your studies, Olive Tree is right there with a large selection of study Bibles, commentaries, and other helpful study resources available for purchase. There’s also an extensive bookstore allows you to build your digital library one book at a time and Olive Tree’s sync technology lets you pick up where you left off on your tablet, pc or phone and get right to studying on another supported device. Now here's the best part – You can start with the Olive Tree Essentials Bundle for FREE. Visit www.olivetree.com/FLF and download it today! https://www.foxbusiness.com/economy/us-federal-budget-deficit-projected-double-year US federal budget deficit projected to double this year The U.S. federal deficit is projected to nearly double this year as a result of higher interest rates and lower tax revenue. The gap between what the government spends and what it collects is expected to grow from about $1 trillion last year to $2 trillion for the 2023 fiscal year that ends Sept. 30, according to the latest projections from the Committee for a Responsible Federal Budget (CRFB), a nonpartisan group that advocates for reducing the federal deficit. "This would be the highest deficit we’ve ever had outside of a recession or national emergency," Marc Goldwein, a senior policy director at CRFB, told FOX Business. The sizable increase stems from a number of factors, including high inflation, more expensive interest payments and a drop in tax receipts. It comes on the heels of a record drop in the budget shortfall last year, as the deficit dropped from close to $3 trillion to roughly $1 trillion after the government's record spending during the COVID-19 pandemic in 2020 and 2021. In 2022, the government enjoyed a surge in capital gains revenue after Americans capitalized on the booming market the previous year, sold more stock and recorded large gains. The market has not fared as well since then, leading to a sharp drop in capital gains tax revenue compared with last year. The Treasury Department likewise benefited from a spike in general tax collection, because surging inflation essentially pushed up nominal income for millions of households. Although the IRS indexes the tax code to inflation, it does so on a lag. Higher federal income tax brackets and standard deductions took effect at the beginning of 2023, essentially allowing more Americans to shield their income from the IRS. Social Security and Medicare are also indexed to inflation, meaning the government is spending more money on those programs than it did in fiscal year 2022. "But mostly what’s happening is it’s coming to the new normal, from an unusually low 2022 deficit," Goldwein said. "That’s pretty scary, because normal before the pandemic was $1 trillion. And in 2015, it was $500 billion. So we went from $500 billion is the normal, to $1 trillion is the normal, to $2 trillion is the normal in less than a decade." The figures exclude President Biden's $400 billion student loan cancellation plan, which was counted in the official 2022 deficit numbers but never implemented because the Supreme Court struck the policy down. Such massive spending imbalances highlight the toll that high and rising debt can take on everyday Americans. High deficits can fuel inflation, and high debt can push up interest rates. "Mortgage rates are as high as they’ve been since well before the financial crisis," Goldwein said. "Car loan rates, student loan rates, credit card rates, they’re all really high." The deficit surge comes as lawmakers rush to avert a government shutdown. The White House has urged Congress to pass a short-term funding measure, known as a continuing resolution, in order to keep the government solvent while lawmakers continue negotiations over longer-term funding bills. Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Kevin McCarthy, R-Calif., have both said they want to pass a short-term deal to keep the government running. However, a group of House Republicans — the House Freedom Caucus — is demanding a number of concessions as part of the continuing resolution, raising the risk of more down-to-the-wire drama on Capitol Hill. https://www.washingtonexaminer.com/news/white-house/biden-mask-indoors-jill-biden-covid Biden to wear mask indoors after COVID-19 exposure President Joe Biden will don a mask indoors after he was exposed to COVID-19 through his wife, first lady Jill Biden, according to the White House. https://twitter.com/i/status/1699269260260823345 - Play Video Now, Studies have repeatedly shown masks don't prevent Covid transmission and might even have health consequences to wearers. - But I digress. Biden, who awarded the Medal of Honor to Army Capt. Larry Taylor for conspicuous gallantry on Tuesday, is expected to depart Thursday for India and the Group of 20 leaders summit. During the Medal of Honor ceremony, Biden took off his mask for his remarks and did not put it back on to hang the trinket around Taylor's neck or to leave the East Room. National security adviser Jake Sullivan downplayed the prospect that a presidential COVID-19 diagnosis would disrupt his foreign trip based on leaders' past experience social distancing during the pandemic. https://www.theblaze.com/news/75000-sia-illegal-border-crossings 75,000 illegal immigrants flagged as having possible ties to terrorism in the last year, according to CBP data U.S. Customs and Border Protection flagged approximately 75,000 illegal immigrants as being possible national security threats or having terroristic ties in the previous 10 months leading up to August 2023, the Daily Caller reported. CBP data showed that between October 2022 and August 2023, 74,904 illegal aliens were labeled as "SIA Encounters," which stands for "Special Interest Alien." According to a Department of Homeland Security article, an SIA is a "non-U.S. person" who potentially "poses a national security risk to the United States or its interests." "Often such individuals or groups are employing travel patterns known or evaluated to possibly have a nexus to terrorism. DHS analysis includes an examination of travel patterns, points of origin, and/or travel segments that are tied to current assessments of national and international threat environments," the DHS stated. "This does not mean that all SIAs are 'terrorists,'" the government report added. However, the travel and behavior of certain individuals "indicates a possible nexus to nefarious activity (including terrorism) and, at a minimum, provides indicators that necessitate heightened screening and further investigation." The unearthed numbers were a massive increase from the reported 25,627 special interest encounters from fiscal year 2022, and the comparably miniscule 3,675 from fiscal year 2021. Illegal immigrants can automatically be deemed SIAs based on their country of origin, such as Turkey or Uzbekistan, due to such countries' status as a "source and transit country." DHS didn’t respond to a request for comment from the Daily Caller regarding the SIA figures. CBP and the DHS are under heightened scrutiny as a result of the shocking increase in border crossing encounters under the Biden administration. A former immigration judge claimed in late August 2023 that the DHS was deliberately not disclosing the number of illegal immigrants who have been released into the United States each month. "The only reason why ICE and OFO [Office of Field Operations] would refuse to disclose that information is to hide the fact that it is releasing more than 100,000 aliens per month into the United States and to conceal the effects of those migrant releases on communities across the United States," Andrew Arthur said. Border encounters in fiscal year 2023 are on pace to match the near 2.4 million that were seen in 2022. There were just over 1.7 million encounters in 2021, while in 2020, President Trump's administration saw a little more than 450,000. https://townhall.com/tipsheet/leahbarkoukis/2023/09/05/ev-florida-n2627949#google_vignette Electric Vehicles Are Causing Issues After Hurricane Idalia Electric vehicles are catching on fire after Hurricane Idalia made landfall in Florida last week. According to local reports, at least two Tesla EVs ignited after saltwater from the storm surge damaged their batteries and other electrical components. One vehicle lit up in Pinellas Park and another car fire occurred in Palm Harbor. “Carfax says owners need to understand the fire risk doesn’t go away after their EV dries out,” ABC Actions News told viewers. “The salt water that is flooding can get into the battery and dry there and once it dries it creates what federal safety officials call bridges between cells and that can lead to fires and those fires can come anywhere from days to weeks later and once an EV catches fire it is incredible difficult to put it out,” said Patrick Olsen of Carfax. After Hurricane Ian, 21 electric vehicles caught fire in the state, prompting officials to warn residents ahead of Idalia's approach. “We saw a number of fires associated with EVs from Hurricane Ian. We know that the saltwater from storm surge can compromise these batteries, causing fires which cannot be easily suppressed,” Florida Chief Financial Officer Jimmy Patronis said at the time. “The best fire teams can do is keep water on the battery until the fuel burns out. If you’re evacuating and leaving an EV, or other lithium ion powered devices like scooters or golf carts in your garage, you’re creating a real fire threat for your home, your communities, and first responders," he added. "Take this threat seriously. If there’s even a small risk of your EV being impacted by storm surge, move it to higher ground before it’s too late.” One home that managed to survive Ian ended up burning to the ground because of a saltwater-damaged EV. EV vehicle owners are being advised to park affected cars at least 50 feet away from any structures that could catch fire.
Today we'll hit a couple of headlines before diving into the deep end of the Federal Budget with Marc Goldwein from the Committee for a Responsible Federal Budget. We'll talk about the latest outlook for Social Security, Debt and more. Then in hour two we'll be joined by State Senator Mike Shower to discuss state legislative business and other stuff.
Fitch Ratings Company has downgraded the U.S. government's credit rating... as they had warned. The rating dropped from AAA to AA+, and even though it's only dropped one notch, it is still a big move that triggered a negative response from the Biden administration. How will this downgrade affect our economy? Marc Goldwein from the Committee for a Responsible Federal Budget talks about the implications of this decision.See omnystudio.com/listener for privacy information.
Our nation has several financial challenges ahead. And whoever wins the 2024 election will have to deal with them. The Committee for a Responsible Federal Budget has begun a new project to analyze the fiscal impact of presidential candidates' proposed policies. Marc Goldwein breaks down what they're watching for and what challenges await the next administration.See omnystudio.com/listener for privacy information.
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget. The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
On today's Macrocast, hosts Ylan, John, and Brendan are joined by Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget, to break down the debt ceiling deal and its implications for fiscal and monetary policy going forward. Plus, the group dives into this month's surprisingly strong jobs report. Does the Fed have one more hike in it, or will it finally let up? Read Penta's May Jobs Day fact sheet here.
May 30, 2023 ~ Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, talks with Guy Gordon about the debt ceiling deal reached between President Biden and House Speaker McCarthy.
In this episode, Dr. Jason Altmire talks with Marc Goldwein, the Senior Vice President and Senior Policy Director at the Committee for a Responsible Federal Budget, about the impact of student debt cancellation, the repayment pause, and the proposed income-driven repayment plan on students and the economy.Dr. Altmire and Marc delve into the equity of the Biden administration's student loan policies, the beneficiaries of the repayment pause and debt cancellation, and the potential drawbacks of the proposed income-driven repayment plan. Marc also shares his insights on the repercussions of deficits and long-term national debt.To learn more about Career Education Colleges & Universities, visit our website.
Steve Thomson continues his fill-in duty for Jearlyn tonight. Minnesota Department of Labor and Industry deputy commissioner Kate Perushek explains how the state has become so good to working mothers. Committee for a Responsible Federal Budget senior VP & senior policy director Marc Goldwein goes through the struggle to increase the country's Debt Ceiling.
Are legislative leaders in Washington really going to let the U.S. economy go into default? Where can the two sides of these negotiations find a way forward? We ask Committee for a Responsible Federal Budget senior VP & senior policy director Marc Goldwein about his thoughts on the stalemate.
Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Former Ambassador to India Tim Roemer on debt ceiling negotiations and what to expect from the upcoming meeting between President Biden and House Speaker Kevin McCarthy. Bloomberg Congressional Reporter Erik Wasson on the debt ceiling negotiations. Bloomberg Politics Contributor Jeanne Sheehan Zaino and Lisa Camooso Miller, former RNC Communications Director and Partner at Reset Public Affairs, on the debt ceiling and President Biden's approval rating. Bloomberg Congressional Reporter Steven Dennis on his conversation with Senate Minority Leader Mitch McConnell. Mick Mulvaney, Former-OMB Director, Former-US Special Envoy for Northern Ireland, and Former-Acting White House Chief of Staff, on the latest with the debt ceiling, jobs data, and the banking industry. Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, on the debt ceiling debate. Bloomberg International Economics and Policy Correspondent Michael McKee on the Fed lending survey. See omnystudio.com/listener for privacy information.
April 3, 2023 ~ Marc Goldwein, Senior Vice President & Senior Policy Director for the Committee for a Responsible Federal Budget, talks with Guy Gordon about the report that shows social security and medicare will be insolvent in a decade.
April 3, 2023 ~ Tom Leonard, Partner at Plunkett Cooney and Former Speaker of the Michigan House discusses Donald Trump turning himself in on Tuesday. Craig Mauger from the Detroit News breaks down political campaigns made by DTE. Senior News Analyst Lloyd Jackson with a story of the Detroit-Windsor Truck Ferry being in danger of closing down. Senior News Analyst Chris Renwick marks the 50th anniversary of the cell phone. Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget talks changes to social security and Sports Analyst Steve Courtney previews tonight's NCAA Men's Basketball National Championship game between San Diego State and UConn and recap's yesterday's Women's National Championship Game where LSU beat Iowa.
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget. Marc Goldwein Testified yesterday Before House Education Subcommittee on Student Loans.
In the fourth hour of the morning show, Larry O'Connor and Julie Gunlock talked to Marc Goldwein of The Committee for a Responsible Federal Budget and Rep. Matt Rosendale. They also discussed the Grammys and the passing of the iconic Melinda Dillard, known as "Ralphie's mom" in A Christmas Story. For more coverage on the issues that matter to you, visit www.WMAL.com, download the WMAL app or tune in live on WMAL-FM 105.9 FM from 5-9 AM ET. To join the conversation, check us out on Twitter: @WMALDC, @LarryOConnor, @Jgunlock, @patricepinkfile and @heatherhunterdc.See omnystudio.com/listener for privacy information.
Marc Goldwein, Senior Vice President and Senior Policy Director for The Committee for a Responsible Federal Budget, joined WMAL's "O'Connor and Company" radio program to discuss the latest on debt ceiling negotiations, inflation, reforming Social Security and thoughts on the coming State of the Union. Website: https://www.crfb.org/ For more coverage on the issues that matter to you, visit www.WMAL.com, download the WMAL app or tune in live on WMAL-FM 105.9 FM from 5-9 AM ET. To join the conversation, check us out on Twitter: @WMALDC, @LarryOConnor, @Jgunlock, @patricepinkfile and @heatherhunterdc. See omnystudio.com/listener for privacy information.
Last week, Treasury Secretary Janet Yellen announced the federal government would hit the debt ceiling limit sooner than expected, and "extraordinary measures" would need to be taken to keep the government functioning. In this episode, Marc Goldwein of the Committee for a Responsible Federal Budget discusses how a lack of congressional oversight has led to unchecked spending, the financial crisis that would follow a default, and the slow-motion catastrophe that will come if we don't tackle the issue of deficit spending now. You can reach Marc on Twitter @MarcGoldwein You can play God and try to fix the debt yourself here https://www.crfb.org/debtfixer For a summary of this episode and commentary on other issues of the day, sign up for YDHTY's email newsletter at www.ydhty.com/new
Guest Host: Marty Carpenter Just last week, the US hit its $31 trillion dollar debt ceiling. But while Democrats and Republicans in DC argue about whether or not to raise the debt limit... how did we get here? How did we amass trillions and trillions of dollars in debt at the national level? Marc Goldwein from the Committee for a Responsible Budget says the left and the right are both responsible for the tax cuts and spending increases that got us here.See omnystudio.com/listener for privacy information.
In episode #18 of the Let People Prosper Show (recorded on 11/10/2022), I interview Mr. Marc Goldwein of the Committee for a Responsible Federal Budget about: CRFB's recent Fiscal Blueprint for Reducing Deficits and Inflation Costs of President Biden's student loan cancellation plan Policies during the pandemic and shutdowns, including CRFB's Covid money tracker More on Mr. Goldwein: https://www.crfb.org/biography/staff/marc-goldwein For thoughtful economic commentary and show notes, check out my newsletter: https://vanceginn.substack.com/ Please rate with 5 stars and subscribe to the Let People Prosper Show if you enjoyed this episode. And be sure to check out the other episodes.
Earlier today, President Biden touted "historic deficit reduction" under his administration. He also blamed President Trump for increasing the deficit. But can the President really take credit for the deficit falling by $1.4 trillion? And by playing the blame game, are we missing out on solutions? Marc Goldwein from the Committee for a Responsible Budget explains what caused the deficit to fall and why lawmakers have a lot more work to do to get it under control. See omnystudio.com/listener for privacy information.
Marc Goldwein, Senior VP & Senior Policy Director at the Committee for a Responsible Federal Budget, tells us how the national debt reached $31 trillion. U of M professor of History & Population Studies Dr. Steven Ruggles explains the career-long research that has earned him a MacArthur Genius award.
Earlier this month, the national debt reached $31 trillion for the first time. What factors contributed the amount ballooning as much as it has (especially in recent years)? Marc Goldwein, Senior VP & Senior Policy Director at the Committee for a Responsible Federal Budget, offers an explanation, as well as some of the ways he would try to chip at it.
Marc Goldwein is the SVP and senior policy director. Biden Administration Has Added $4.8 Trillion to Deficits
Zachary D. Carter, consultant with the Hewlett Foundation's Economy and Society Initiative, joins the show to discuss the President's student debt relief plan, including how it can benefit society. Then, Marc Goldwein, Senior Vice President with the Committee for a Responsible Federal Budget, stops by to discuss the argument against debt cancellation and concerns with plan announced by the White House.
What impact will President Biden's executive action providing debt relief to those with student loans have on the cost of education and the economy as a whole? Marc Goldwein from the Committee for a Responsible Federal Budget discusses the impact this will have on inflation and how this program might make student loans more expensive in the long run. For additional information on this episode and other issues of the day, sign up for YDHTY's email list at www.YDHTY.com/news You can find a write-up on the total cost of Biden's debt releif program here: https://www.crfb.org/blogs/new-student-debt-changes-will-cost-half-trillion-dollars You can also learn more about how this will impact inflation here: https://www.crfb.org/blogs/student-debt-changes-would-boost-inflation
Van and Rachel break down President Biden's Safer America Plan to fight violent crime (10:39), the latest news regarding Brittney Griner and a potential prisoner exchange (25:42), and Kyler Murray's contractually obligated study (50:38). Plus, Marc Goldwein, Senior Policy Director for the Committee for a Responsible Federal Budget, joins to discuss the Inflation Reduction Act (56:53). Hosts: Van Lathan and Rachel Lindsay Guest: Marc Goldwein Producer: Donnie Beacham Jr. Learn more about your ad choices. Visit podcastchoices.com/adchoices
July 29, 2022 ~ Marc Goldwein, Senior Vice President & Senior Policy Director for the Committee for a Responsible Federal Budget, talks with Guy Gordon about what's included in the Inflation Reduction Act of 2022.
July 29, 2022 ~ Full Show. Guy closes out the week at the Rocket Mortgage Classic with Jason Drumheller, President of the Detroit Golf Club, Jason Langwell, Executive Director of the Rocket Mortgage Classic, Andre Ebron, Senior Director of Diversity, Equity and Inclusion for United Way for Southeastern Michigan and Jordan Young, PGA Director of Instructions at Jordan Young Golf and co-host of Spin on Golf. David Kallman, Attorney at Kallman Legal Group talks about his challenge to the state Supreme Court upholding the Elliot Larsen Act. Jason Roe, Principal of Roe Strategic with the latest on Trump's endorsement for Republican Gubernatorial Nominee and Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Government breaks down the Senate Inflation Reduction Act.
Joe spoke to Senior Advisor to the President Biden, Gene Sperling on today's GDP numbers and the Inflation Reduction Act, Committee for a Responsible Budget Senior Policy director, Marc Goldwein on inflation and the deficit. Plus, Bloomberg Politics Contributors Jeanne Sheehan Zaino on the Democrats reconciliation bill, and the Pact Act legislation that would expand health care coverage for veterans impacted by burn pits. See omnystudio.com/listener for privacy information.
Rich Valdes fills in for Jim Bohannon, he speaks with: Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, On to discuss the latest inflation numbers. Clifford Smith, Washington Project Director at the Middle East Forum, On to discuss President Biden's trip to the Middle East. John Zadrozny, America First Legal Foundation, On to discuss the legal challenges to the Biden Administration's asylum rule. Neil McCabe, Politics Reporter for the Tennessee Star, On to discuss the reported dismissals of US Army doctors for granting COVID vaccine mandate exemptions. And ... Your thoughts on the news in open phones across America. See omnystudio.com/listener for privacy information.
Van and Rachel react to R. Kelly's 30-year sentence and the "normalization" of his crimes (17:02), plus Ketanji Brown Jackson is officially sworn in (24:26) to the Supreme Court. They are then joined by Marc Goldwein, senior policy director for the Committee for a Responsible Federal Budget, to break down the current state of the U.S. economy (41:07). Host: Van Lathan and Rachel Lindsay Guest: Marc Goldwein Producers: Trudy Joseph and Donnie Beacham Jr. Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week on Facing the Future, we are joined once again by Marc Goldwein, Senior Vice President and Senior Policy Director with the Committee for a Responsible Federal Budget, as we look at various options to fix Social Security. A recent report from the trustees of the Social Security trust fund estimates that the trust fund will be insolvent by 2035 if Congress doesn't take major action. Insolvency could lead to major benefit cuts for retirees and the disabled. Concord's policy director Tori Gorman and chief economist Steve Robinson also join the discussion.
This week on Facing the Future, we are joined once again by Marc Goldwein, Senior Vice President and Senior Policy Director with the Committee for a Responsible Federal Budget, as we look at various options to fix Social Security. A recent report from the trustees of the Social Security trust fund estimates that the trust fund will be insolvent by 2035 if Congress doesn't take major action. Insolvency could lead to major benefit cuts for retirees and the disabled. Concord's policy director Tori Gorman and chief economist Steve Robinson also join the discussion.
President Biden has indicated he will soon announce a decision on whether he will cancel $10,000 in student debt for college graduates. It's a decision being widely anticipated but also much debated over its scope and merits. Katherine Welbeck of the Student Borrower Protection Center and Marc Goldwein of the Committee for a Responsible Federal Budget join Amna Nawaz to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
President Biden has indicated he will soon announce a decision on whether he will cancel $10,000 in student debt for college graduates. It's a decision being widely anticipated but also much debated over its scope and merits. Katherine Welbeck of the Student Borrower Protection Center and Marc Goldwein of the Committee for a Responsible Federal Budget join Amna Nawaz to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
President Biden released the administration's FY 2023 budget request last month. The request included a proposed pay raise for federal employees and a bump in funding for every cabinet level department. But what does the budget request really mean for federal agencies? This week's FEDtalk guests break down exactly that and address key concerns about the Congressional appropriations process. Joining host Natalia Castro for the conversation is Dan Schuman of Demand Progress; Marc Goldwein of the Committee for a Responsible Federal Budget; and William Hoagland from the Bipartisan Policy Center. The show airs live on Friday, April 22, 2022, at 11:05 am EST on Federal News Network. You can stream the show online anytime via the Federal News Network app and listen to the FEDtalk podcast on all major podcasting platforms. FEDtalk is brought to you by Shaw Bransford & Roth P.C., a federal employment law firm. Bringing you the insider's perspective from leaders in the federal community since 1993.
Guests: Congressman Brendan Boyle of Pennsylvania, Marc Goldwein, Senior Vice President and Senior Policy Advisor at the Committee for a Responsible Budget, and Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
$800 billion in COVID relief funds still hasn't made it to the American people. In Pennsylvania, $2.5 billion of that aid is being moved to the state's “rainy day fund.” We track unspent pandemic relief funds. Marc Goldwein, Rep. Torren Ecker and Claudia Sahm join Meghna Chakrabarti.
Marc Goldwein is the SVP and Senior Director of Policy for the Committee for a Responsible Federal Budget. A 6% Social Security Bump and $2.8 Trillion Deficits
August 8, 2021 ~ Marc Goldwein, Senior VP and Senior Policy Director for the Committee for a Responsible Federal Budget, talks with Guy Gordon about their analysis of the bipartisan infrastructure bill in Congress.
August 6, 2021 ~ Full Episode. Dave Lorenz, Vice President of Pure Michigan joins Guy Gordon live from Brys Estate Vineyard & Winery. Senior News Analyst Marie Osborne reports on the Canadian border officers strike. American Medical Association passed resolution to keep sex off all future birth certificates. Brian Rich, Consumers Energy Senior Vice President and Chief Customer Officer talks about what infrastructure upgrades need to be met ahead of Biden's EV edict. Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget on how much debt the infrastructure plan will add to the deficit. Patrick Brys and Coenraad Stassen from Brys Estates join Guy live to talk about the winery and John Klemanski, Oakland University Political Science Professor discusses Governor Whitmer's new COVID Science and what's next for Andrew Cuomo?
Guests: Democratic California Congressman John Garamendi, Bloomberg Government reporter Jack Fitzpatrick, Marc Goldwein, Senior Policy Director for the Committee for a Responsible Federal Budget, and Bloomberg Politics contributors Rick Davis and Jeanne Sheehan Zaino. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Guests: Democratic California Congressman John Garamendi, Bloomberg Government reporter Jack Fitzpatrick, Marc Goldwein, Senior Policy Director for the Committee for a Responsible Federal Budget, and Bloomberg Politics contributors Rick Davis and Jeanne Sheehan Zaino. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
This week on Facing the Future, we look at the polices, numbers and assumptions in President Biden's first budget, which was unveiled last week. My first guest is Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget. Then, the Concord Coalition's Chief Economist Steve Robinson weighs-in with his first impressions of the budget.
This week on Facing the Future, we look at the polices, numbers and assumptions in President Biden's first budget, which was unveiled last week. My first guest is Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget. Then, the Concord Coalition's Chief Economist Steve Robinson weighs-in with his first impressions of the budget.
President Biden has been speaking at a rally in the US state of Georgia to mark his one hundredth day in office. The US economy grew at an annual rate of 6.4% in the first quarter of the year, after 4.3% in q4 of 2020. And President Biden said he wanted to ensure Americans workers were better paid and more help for those who struggling to make ends meet. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget and Cary Leahy from Decision Economics. Today, India again reported record numbers of new cases and deaths. Many of India's largest companies are switching production to try and help the situation. The Tata Group is one of the countries oldest and largest companies. Its steel plant are now concentration on producing oxygen. We hear from Chanakya Chaudhary, the Vice President of Corporate Services. Also in the programme, the BBC's Benjie Guy examines Brazil's palm oil industry, where some believe the pesticides used to produce the commodity are damaging people's health. Plus - Mark Zuckerberg has been attending a meme conference organised by Instagram and we hear from Ben Lashes, who manages some of the biggest meme stars making millions out of licensing and non-fungible tokens. PHOTO: Joe Biden/AFP
In the first three months of 2021 the US economy grew at an annual rate of 6.4%. The figures were released shortly after President Biden outlined his proposals for an infrastructure overhaul for the country to a joint session of Congress. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget. Also in the programme, the BBC's Benjie Guy examines Brazil's palm oil industry, where some believe the pesticides used to produce the commodity are damaging people's health. Plus, to crack down on counterfeits, online auction site eBay is launching a scheme to authenticate high-value trainers on its platform in the UK. We find out more about the move from Courtney Wilkins of the exhibition Sneaker Con, who is also a trainer authenticator.
In the first three months of 2021 the US economy grew at an annual rate of 6.4%. The figures were released shortly after President Biden outlined his proposals for an infrastructure overhaul for the country to a joint session of Congress. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget and Cary Leahy from Decision Economics. Today, India again reported record numbers of new cases and deaths. Many of India's largest companies are switching production to try and help the situation. The Tata Group is one of the countries oldest and largest companies. Its steel plant are now concentration on producing oxygen. We hear from Chanakya Chaudhary, the Vice President of Corporate Services.
A $1.9 trillion stimulus package that includes a third round of direct cash payments to American households will likely wind up on President Joe Biden's desk within the next few weeks. The direct payments are politically popular, but will they become a regular tool in U.S. fiscal policy, even after the pandemic? And if so, is that a good thing? Even among liberal-leaning economists, there is no consensus here. On our weekly podcast Talking Tax, reporter Colin Wilhelm spoke with Claudia Sahm, a senior fellow at the Jain Family Institute, and Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget. One is glad to see a new round of payments, while the other thinks they are a mistake.
C4 and Bryan Nehman heard weekdays from 5:30-10:00am ET on WBAL Newsradio 1090, FM101.5, and the WBAL Radio App.
Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, joins the York County Economic Alliance to discuss the state of our Federal budget and national deficit by looking at recent trends, impacts from COVID-19 stimulus packages, and how we can reduce our national deficit in the coming years.
Chase is joined on the show by Concord Coalition Executive Director, Bob Bixby, Concord’s Policy Director, Tori Gorman, and Sr. Policy Director for the Committee for a Responsible Federal Budget, Marc Goldwein. They discuss Goldwein’s paper on pro-growth Social Security reform and how it might need to be adapted in the post-COVID era, how presidential candidates are approaching fiscal policy right now and the status of pandemic-relief legislation negotiations.
Chase is joined on the show by Concord Coalition Executive Director, Bob Bixby, Concord’s Policy Director, Tori Gorman, and Sr. Policy Director for the Committee for a Responsible Federal Budget, Marc Goldwein. They discuss Goldwein’s paper on pro-growth Social Security reform and how it might need to be adapted in the post-COVID era, how presidential candidates are approaching fiscal policy right now and the status of pandemic-relief legislation negotiations.
Chase is joined on the show by Marc Goldwein, Sr. VP and Sr. Policy Director for the Committee for a Responsible Federal Budget, Phil Sletten, Senior Policy Analyst at the New Hampshire Fiscal Policy Institute and Concord Coalition Executive Director, Bob Bixby. They discuss how the national debt, federal budget deficits, Social Security and the state of New Hampshire are impacted by the COVID-19 pandemic.
Chase is joined on the show by Marc Goldwein, Sr. VP and Sr. Policy Director for the Committee for a Responsible Federal Budget, Phil Sletten, Senior Policy Analyst at the New Hampshire Fiscal Policy Institute and Concord Coalition Executive Director, Bob Bixby. They discuss how the national debt, federal budget deficits, Social Security and the state of New Hampshire are impacted by the COVID-19 pandemic.
This evening, we talk with Marc Goldwein, the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget - or CRFB - where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. Marc works regularly with Members of Congress and their staffs on budget-related issues. He is frequently quoted in a number of major media outlets. Listen in as Marc helps explain some of the complexities of our Federal budget, and how the most recent budget proposal from President Trump affects you as well as our nation.
Chase is joined on the show by Marc Goldwein, senior vice president for the Committee for a Responsible Federal Budget, Concord Coalition Executive Director Bob Bixby and economist Diane Lim. They discuss the recently published Social Security and Medicare Trustees' Reports, as well as the nation's economy, work force development and the need for fiscally responsible growth policies during the latest 'Economist Mom' segment.
Political Analyst Mark Curtis and Marc Goldwein, Senior Vice President and Director of Policy, Committee for a Responsible Federal Budget, dissect the new tax plan.
Marc Goldwein is the Senior Vice President and director of policy for the Committee for a Responsible Federal Budget, a non-partisan organization. He dissects the new version of the GOP tax bill.
- Marc Goldwein, Senior Policy Analyst at the New America Foundation Please call 1-800-388-9700 for a free copy of the report Measuring Up: The Case for Chained CPI.