The United States’ federal debt has nearly doubled under the last two presidents. It now equals America’s gross domestic product, and the Congressional Budget Office projects that it will reach as much as 138 percent of US GDP in the next decade. America spends more on annual debt service than national defense, and debt service obligations threaten to impose stringent limits on all other discretionary spending. Neither presidential campaign has offered a convincing program to mitigate this spiraling crisis.
Former Senator Phil Gramm has been a leader in creative thinking and legislating about budgetary restraint over his 45-year public career in government and as an economist. Join Senator Gramm for a discussion at Hudson Institute on the importance and future of budgetary politics with Senior Fellow Thomas Duesterberg. Hudson President and CEO John Walters will deliver introductory remarks.
Join Hudson Institute for a discussion with former US Ambassador to Venezuela James Story to examine recent developments in Venezuela and assess the direction of Washington's strategy.
Please join Ambassador Greer for a fireside chat with Senior Fellow Peter Rough on the Trump administration’s first year back in office and what’s next for US trade policy.
Please join Acting Chairman of the Council of Economic Advisers Pierre Yared for a conversation with Senior Fellow Tom Duesterberg on the first year of the Trump administration’s economic agenda and the key factors shaping the US economy’s outlook.
