‘From Riches to Rags: How We Turned Surpluses to Deficits and Exploded the National Debt’ with Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget

Date: Thursday, February 29

Time: 12pm to 2pm ET

Location: Logan Tavern, 1423 P St NW, Washington, DC 20005

In 2001, the US national debt was on course to be fully paid off, but in the years since then the federal government has turned a modest surplus into a $1.7 trillion deficit. National debt has tripled as a share of the economy. Marc Goldwein will discuss a new paper from the Committee for a Responsible Federal Budget (CRFB), “Riches to Rags: Causes of Fiscal Deterioration Since 2001” to provide analysis on what caused deficits and debt to rise, how Washington’s action or inaction contributed, and possible options for moving forward.

Please Note: This is an in-person event.

For metro and parking details about the location, please visit the Logan Tavern website.

Please contact the NEC if you have questions at manager@national-economists.org.

About our Speaker:

Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. He is frequently quoted in a number of major media outlets and works regularly with Members of Congress and their staffs on budget-related issues.

Previously, Marc served as Associate Director of the National Commission on Fiscal Responsibility and Reform (The Fiscal Commission) and senior budget analyst on the Joint Select Committee on Deficit Reduction (The Super Committee).  He also conducted research for the Government Accountability Office, the World Bank, the Historian’s Office at the Social Security Administration, and the Institute of Governmental Studies at UC Berkeley. 

In addition to his work at the Committee, Marc serves on Martha’s Tables’ Business Advisory Council and teaches economics at Johns Hopkins University and the University of California DC. Marc is the recipient of the Johns Hopkins University Excellence in Teaching award and was featured in the Forbes “30 Under 30” list for Law & Policy. He holds a BA and MA from Johns Hopkins University.