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Bringing the Federal Deficit under Control

October 18, 2011

Dialogue with the Fed: Beyond Today's Financial Headlines

Part 1: Welcoming Remarks | Julie Stackhouse (3:32)

The Federal Reserve Bank of St. Louis held the second discussion of its fall evening series for the general public on Oct. 18, 2011. William Emmons, vice president and economist, discussed “Bringing the Federal Deficit under Control” to audiences live in St. Louis and by videoconference in the Memphis Branch. Emmons explored the depths of the deficit problem, including whether current laws or policies are sufficient solutions, and what spending and tax reforms should be considered going forward. An engaging question-and-answer session followed the presentation.

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Part 1: Welcoming Remarks | Julie Stackhouse (3:32)
Part 2: Introduction, "Bringing the Federal Deficit under Control" | William Emmons (5:49)
Part 3: The Nation's Profound Budgetary and Economic Challenges (5:42)
Part 4: Where Do We Stand? (9:43)
Part 5: Where Are We Headed? (11:57)
Part 6: Is Current Law Sufficient To Solve the Budget Problems? (7:07)
Part 7: The Alternative Fiscal Scenario (6:13)
Part 8: Bringing Future Deficits under Control: Ever-Rising Taxes? (3:54)
Part 9: Bringing Future Deficits under Control: Ever-Rising Debt? (3:50)
Part 10: Are There Realistic Alternatives? (17:23)
Part 11: Question-and-Answer Session (23:40)