Stimulus and Recovery: Where Should the Spending Go?

December 5, 2008, 12:30pm – 2:00pm

About This Event

The U.S. economy is in as serious trouble as at any time in decades. The long-run problems of stagnant or falling family incomes are no longer hidden by artificially inflated asset values. The effects of the financial crisis have moved from Wall Street to the daily opera­tions of business and the daily lives of families.

As the economy continues to deteriorate, the need for an economic stimulus and recovery package becomes increasingly pressing. With the 111th Congress hoping to put a final package on President-elect Barack Obama's desk as soon as he takes office, it is important that any plan that passes offers an immediate boost by spurring demand, creates jobs in the near term, and provides a downpayment on the investments we need for long-term economic growth.

Please join us for a panel discussion that looks at the role and makeup of economic stimulus and recovery legislation. The panel will discuss this issue in general, and in the context of the Center for American Progress' paper on "How to Spend $350 Billion in a First Year of Stimulus and Recovery," which will be released at the event.

Featured Speakers:
Robert Greenstein, Founder and Executive Director, Center on Budget and Policy Priorities
Bracken Hendricks, Senior Fellow, Center for American Progress
Janet F. Kavinoky, Director of Transportation Infrastructure, Congressional and Public Affairs Division, U.S. Chamber of Commerce
Will Straw, Associate Director for Economic Growth, Center for American Progress

Moderated by:
Michael Ettlinger, Vice President for Economic Policy, Center for American Progress

Location

Center for American Progress
1333 H St. NW, 10th Floor
Washington, DC 20005

Resources

Read full transcript here.