[Home][Banking][Community Development][Newsroom][Education Resources][Publications][About Us][Research]
Home > Newsroom > Multimedia : Video

Multimedia

Bringing the Federal Deficit under Control

October 18, 2011

Dialogue with the Fed: Beyond Today's Financial Headlines

Part 6: Is Current Law Sufficient To Solve the Budget Problems? (7:07)

Can current law-including the expiration of tax laws in 2012-be sufficient to shrink long-term deficits and reduce debt levels relative to GDP after 2013? Emmons says that while the current law stabilizes the deficit problem, it comes at the expense of constantly rising tax burdens.

Presentation Slides for "Bringing the Federal Deficit under Control"

Get the Flash Player to see this player.

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)