Session 6: Finale “The Debt: Where are We….Where are We going
Thursday, April 22, 2021 11 - 12:30pm
PURPOSE: The purpose of this session is to continue our discussion on the Federal Debt and its impact on the Economy. In additional, based on current federal spending and the current Federal debt, we will evaluate the future outlook and concerns, as well as opportunities, based on different perspectives and A LOT OF DATA
LEARNING RESOURCES: For this session, please click link for Session 6 presentation federal_budget_and_debt_session_6__final___rev_.pdf
ADDITIONAL RESOURCES: The following resources are available for you to explore (click on blue highlight):
- The Debt Clock: https://zfacts.com/national-debt-clock/blue/
- Committee for Responsible Budgeting website (https://www.crfb.org/) and its Debt Fixer http://www.crfb.org/debtfixer/
- Peterson-Pew Commission on Budget Reform website (http://budgetreform.org/) and https://www.pewresearch.org/fact-tank/2019/07/24/facts-about-the-national-debt/
- White House Budget (https://www.whitehouse.gov/omb/budget/), Department of Treasury revenue and spending (https://www.treasury.gov) and Federal spending details (https://www.usaspending.gov/#/)
- Congressional Research Service's "Introduction to the Federal Budget Process" (https://fas.org/sgp/crs/misc/98-721.pdf)
- Overview of the Authorization-Appropriations Process https://www.senate.gov/CRSpubs/d2b1dc6f-4ed2-46ae-83ae-1e13b3e24150.pdf
- Appropriations 101 http://www.crfb.org/papers/appropriations-101 and Appropriations Tracker https://www.congress.gov/resources/display/content/Appropriations+for+Fiscal+Year+2019
- Deficit tracker https://bipartisanpolicy.org/report/deficit-tracker/
- The State Pension Funding Gap: 2018 https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2020/06/the-state-pension-funding-gap-2018 [BEFORE COVID]
- Rainy Day Fund Strategies: A Call to Action (The Volcker Alliance) https://www.volckeralliance.org/sites/default/files/attachments/Rainy%20Day%20Fund%20Strategies%20-%20A%20Call%20to%20Action%20-%20Volcker%20Alliance.pdf
- Fixing a Broken Budget and Spending Process: Perspectives of Two Former Chairmen https://www.budget.senate.gov/fixing-a-broken-budget-and-spending-process-perspectives-of-two-former-chairmen
- Truth and Integrity in State Budgeting THE BALANCING ACT https://www.volckeralliance.org/sites/default/files/attachments/Truth%20and%20Integrity%20in%20State%20Budgeting%20-%20The%20Balancing%20Act_0.pdf