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Brian Riedl, Senior Policy Analyst at the Heritage Foundation

Biography provided by participant

Brian Riedl is the Grover M. Hermann Fellow for Federal Budgetary Affairs at the Heritage Foundation. Riedl mainly focuses on federal spending trends, appropriations, budget process reform, and budget deficits. He also studies economic growth, tax policy, agriculture spending, antipoverty programs, and long-term entitlement spending trends.

As early and 2002 and 2003, Riedl became one of the first writers to note the beginning of a massive federal spending spree under President Bush, which has since pushed federal spending above $25,000 per household. In 2006, Riedl’s writings helped expose $14 billion in additional domestic spending added to an Iraq bill (including Mississippi's "railroad to nowhere") and the ensuing public backlash forced Congress to strip these funds from the bill. In 2008, Riedl was a leading critic of the farm bill, which was ultimately vetoed by President Bush (although overridden by Congress).

Riedl's budget research has been featured in front-page stories and editorials in The New York Times, The Wall Street Journal, The Washington Post and The Los Angeles Times. He has discussed budget policy on NBC, ABC, CBS, PBS, CNN, FOX News, MSNBC, and C-SPAN. He also participates in the bipartisan "Fiscal Wake-Up Tour," which holds town hall meetings across America focusing on the looming crisis in Social Security, Medicare, and Medicaid.

Before coming to Heritage in 2001, Riedl worked for then-Gov. Tommy Thompson, former Rep. Mark Green (R-WI), and the Speaker of the Wisconsin Assembly. Riedl holds a bachelor's degree in economics and political science from the University of Wisconsin, and a master's degree in public affairs from Princeton University.

Recent Responses

August 31, 2009 11:10 AM

RE: Will States Kill Recovery?

The underlying premise here is that government spending “injects” money into the economy, therefore raising demand and GDP – and that state government spending cuts would thus remove demand and GDP. But if there was truth to the commonly-circulated estimates that $1 in deficit spending brings $1 (or more, with the multiplier) of new GDP, then this year’s massive $1.6 trillion budget deficit would have already overheated the economy – even before any stimulus was enacted.  Instead, the economy continued contracting. Standard Keynesian theory cannot explain this. The simple reason government spending fails to end recessions is because Congress does…  Read more

February 4, 2009 05:36 PM

RE: Fiscal Balance And Credibility

President Obama has spoken at length about the need for us to make “difficult choices.” Yet his stimulus plan is an exercise in ducking choices. Even stimulus supporters should acknowledge that promising the American people $800 billion worth of new benefits while dumping all the costs onto our children and grandchildren is not exactly a profile in courage. Exactly which voters are being asked to make “difficult choices?” Furthermore, this isn’t temporary. Spending hikes for programs like Pell Grants and energy subsidies are unlikely to be repealed in two years. And expanding Washington into new areas like school construction (historically…  Read more

December 1, 2008 01:17 PM

RE: Is The Deficit A Threat To A Future Recovery?

This year’s base budget deficit – even before adding any new stimulus package – is estimated at $1 trillion. At 8% of GDP, that is the highest budget deficit since World War II. If that is not enough Keynesian-deficit-spending stimulus, what is? 10% of GDP? 15%? 20%? The Keynesian gas paddle has already been pushed enough (with little to show for it), its time for a new approach. Furthermore, the problem with these spending stimulus proposals is that Congress does not have a vault of money waiting to be distributed. Thus, every dollar that Congress “injects” into the economy must…  Read more
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