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Fiscal Policy With High Debt and Low Interest Rates

Overview: The U.S. budget trajectory is in uncharted territory. The country faces a structural deficit, accrued the largest increase in debt on record during the current economic recovery, and is expected to surpass its WWII-era debt-to-GDP record of 106 percent within the next 30 years. Gale argues that although historically low interest rates reduce the […]

Bruce Reed

BRUCE REED is chief executive officer and co-founder of Civic LLC., a bipartisan policy ideas company. He is also co-chair of the Aspen Institute Future of Work Initiative. He previously served as President Bill Clinton’s chief domestic policy advisor. In the Obama White House, he served as assistant to the president and chief of staff […]

Mitch Daniels

MITCHELL E. DANIELS, JR. is the 12th president of Purdue University and the former governor of Indiana. He was elected Indiana’s 49th governor in 2004 in his first bid for any elected office, and then re-elected in 2008 with more votes than any governor in the state’s history. During his tenure, Indiana went from an […]