2013 Budget and the Fiscal Cliff

Economic and political scholars talked about the economy and the “fiscal cliff,” the tax increases and budget cuts impending at… read more

Economic and political scholars talked about the economy and the “fiscal cliff,” the tax increases and budget cuts impending at the end of 2012 if Congress failed to reach a new budget agreement. They explained three options: 1) do nothing and let tax cuts expire 2) agree to a “grand bargain” 3) do nothing drastic and take time to make the right decision. All agreed not harming the economy took priority over reducing the budget deficit and national debt. A PowerPoint presentation was included. They also answered questions from audience members.

This program was part of the Economists for Peace and Security Bernard L. Schwartz Symposium “Who’s Afraid of the Fiscal Cliff?” It was held in cooperation with New America Foundation’s Economic Growth Program at the Hyatt Regency Washington on Capitol Hill. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

People in this video

  • James K. Galbraith Chair Economists for Peace and Security
  • Stephanie Kelton Assistant Professor University of Missouri, Kansas City->Economics Department
  • Chad Stone Chief Economist Center for Budget and Policy Priorities
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2013 Budget and the Fiscal Cliff

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Program ID:
309410-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States
First Aired:
Nov 13, 2012
Last Aired:
Nov 18, 2012

Airing Details

  • Nov 13, 2012 | 9:02am EST | C-SPAN 2
  • Nov 13, 2012 | 10:30am EST | C-SPAN RADIO
  • Nov 13, 2012 | 10:45pm EST | C-SPAN 1
  • Nov 13, 2012 | 11:30pm EST | C-SPAN RADIO
  • Nov 14, 2012 | 2:35am EST | C-SPAN 1
  • Nov 14, 2012 | 3:47pm EST | C-SPAN 3
  • Nov 14, 2012 | 10:17pm EST | C-SPAN 3
  • Nov 15, 2012 | 5:20am EST | C-SPAN 3
  • Nov 18, 2012 | 1:11pm EST | C-SPAN 1
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