By Kim Dancy On January 10, 2013, the Georgetown Public Policy Review had the distinct honor of bringing Dr. Alice Rivlin and Senator Pete Domenici—two of the foremost experts in federal budget policy—together for a conversation on the US debt and deficit spending. The event, Debt Reduction Revisited: A Conversation on Policy and Politics, featured […]
Debt to GDP – The Red Herring of Red Ink
by Alex Engler In the past year, the United States government spent every penny that it collected. Then it went on to spend an additional $1.1 trillion, generating a deficit equivalent in value to everything produced in Mexico during that same year. Although the fiscal 2012 deficit fell to 7.3 percent of GDP, down from […]