What Comes Next? The Economic and Budgetary Consequences of the Financial Bailout

Date: October 8, 2008

Location:
The National Press Club
529 14th Street NW

Washington, DC 20045

Description:

The current credit crisis, economic slowdown, and the recently-passed "rescue plan" will have far-reaching implications for the nation's financial health.  The next President will have to adjust his campaign agenda to respond to this new fiscal landscape. 
 
What brought us to this point? Will the rescue plan be effective?  Is the worst over? How will the next president govern given the new fiscal realities of a slowing economy and the massive bailout?
 
Please join the Committee for a Responsible Federal Budget and the New America Foundation for an in-depth analysis of these questions with many of the country's leading experts. 

Welcome Remarks 9:00 a.m.

Maya MacGuineas, moderator
Director, New America Fiscal Policy Program
President, Committee for a Responsible Federal Budget

Panel 1: Dissecting the Package - How Will the Markets and the Economy Respond? 
9:10 a.m-10:30 a.m.

Mark Zandi
Chief Economist, Moody's Economy.com
 
Bill Isaac
Former Chairman, Federal Deposit Insurance Corporation
Chairman, The Secura Group

Martin Baily
Former Chairman, Council of Economic Advisers
Senior Fellow, The Brookings Institute

Rob Dugger
Director, Tudor Investment Corporation
 
Dean Baker
Co-Director, Center for Economic and Policy Research

Panel 2: US Budget Watch - How Does this Affect the Campaign?
10:30 a.m -12:00 p.m.

Leon Panetta
Former Chief of Staff for President Clinton and Director Office of Management and Budget
Co-Chair, Committee for a Responsible Federal Budget

William Frenzel
Former Representative from Minnesota
Co-Chair, Committee for a Responsible Federal Budget

Alice Rivlin
Former Director, Congressional Budget Office and Office of Management and Budget
Senior Fellow, The Brookings Institute
 
Rudolph Penner
Former Director, Congressional Budget Office
Senior Fellow, The Urban Institute

To RSVP for this event, email crfb@newamerica.net.

If you have questions, call or email Cecille Isidro at (202) 986-2700 x141 or isidro@newamerica.net.

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