Brookings Institution & Heritage Foundation Briefing: "Restoring Budget Sanity"

4/21/2004

From: Brookings Office of Communications, 202-797-6105

News Advisory:

WHAT: Brookings Institution & Heritage Foundation Briefing: "Restoring Budget Sanity"

WHEN: Tuesday, April 27, 2004, 12 to 2 p.m., Lunch will be served

WHERE: Rayburn House Office Building, Room B-318, Washington, DC

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Panel 1

STUART BUTLER Vice President, Domestic and Economic Policy Studies, Heritage Foundation

REP. JIM NUSSLE (R-Iowa) Chair, House Budget Committee

ISABEL V. SAWHILL Vice President and Director, Economic Studies Program, Brookings

REP. JOHN M. SPRATT, Jr. (D-S.C.) Ranking Member, House Budget Committee

ALICE M. RIVLIN (Moderator) Senior Fellow and Director, Greater Washington Research Program, Brookings

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Panel 2

BILL DAUSTER Minority Deputy Staff Director and General Counsel, Senate Finance Committee

WILLIAM HOAGLAND Director of Budget and Appropriations, Office of the Senate Majority Leader

RICH MEADE Majority Chief of Staff, House Budget Committee

THOMAS KAHN Minority Staff Director, House Budget Committee

RON HASKINS (Moderator) Senior Fellow, Economic Studies, Brookings

If current policies are continued and recent tax cuts are extended, the United States will face annual budget deficits of more than half a trillion dollars over the next decade. The deficits will escalate rapidly after that and could have serious consequences for the economy.

To address the issue, the Brookings Institution and the Heritage Foundation will co-sponsor an event on Capitol Hill featuring a bipartisan group of lawmakers, budget analysts, and congressional budget staffers to examine the deficit, its possible short- and long-term consequences, and policies that Congress could adopt to reduce it.

The first group of panelists will analyze the deficit and its causes and propose solutions to the problem. Speakers on the second panel will present alternative views on the deficit and critique the Brookings and Heritage proposals. Following their remarks, both panels will take questions from the audience.

RSVP: Please call the Brookings Office of Communications at 202-797-6105, or email communications@brookings.edu.



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