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Robert Reischauer, President, The Urban Institute

Related Link: http://www.urban.org

Biography provided by participant

Robert D. Reischauer is President of the Urban Institute, a nonprofit, non-partisan policy research and education organization that examines the social, economic and governance problems facing the nation. He served as the director of the Congressional Budget Office (CBO) between 1989 and 1995 and was CBO's Assistant Director for Human Resources and its Deputy Director from 1977 to 1981. Mr. Reischauer has been a Senior Fellow at the Brookings Institution (1986-89 and 1995-2000) and the Senior Vice President of the Urban Institute (1981-86). An economist with an undergraduate degree from Harvard and a Ph.D. and Masters from Columbia University, he has written and lectured extensively on federal budget policy, health reform, social welfare issues, and the Medicare and Medicaid programs. He serves on the boards of several educational and nonprofit organizations, and was Vice Chair of the Medicare Payment Advisory Commission from 2001 until 2008.

Recent Responses

June 8, 2009 10:47 AM

RE: What Is Fiscally -- And Politically -- 'Sustainable'?

Chairman Bernanke and the Obama Administration have defined "fiscal sustainability" to be achieving stability in the debt to GDP ratio.  In an era when this ratio is projected to explode--from 41 percent in 2008 to 82 percent in 2019 under the Congressional Budget Office's re-estimate of the President's budget--this is a tough but achievable initial objective.  But over the longer run, we should ask whether we want we want to live always clinging to the edge of fiscal un-sustainability or would it be better to have a public sector that is a bit further from the cliff's edge, one more capable of…  Read more
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