There is widespread agreement that promoting the competitiveness of American firms and workers will require new investments in infrastructure, people, and basic science. The popularity of big, bold spending proposals such as Medicare for All, Universal Basic Income, or Free College for All, also reveals an appetite among voters for dramatically expanding the role of government to address the failures of American capitalism. Yet, the country’s unsustainable fiscal trajectory complicates the feasibility of new spending programs and investments and raises important questions about the optimal amount of government revenue in today’s economy. Do Americans want more from their government than they are willing to pay for? This panel will consider whether and how new revenue should be raised, and how new spending priorities should be balanced with existing fiscal realities.
Chris Hughes, Economic Security Project
Damon Jones, University of Chicago Harris School of Public Policy
Melissa S. Kearney, Economic Strategy Group and University of Maryland
Robert E. Rubin, Council on Foreign Relations and Centerview Partners
Jim Tankersley, The New York Times