Phillip Swagel

Phillip Swagel, Director of the Congressional Budget Office, oversees crucial economic forecasts and analysis. In this discussion, he delves into the complexities of Trump’s tax bill and the ensuing political debates surrounding it. Swagel sheds light on the CBO's dual analysis approach, balancing static and dynamic effects. He emphasizes the importance of nonpartisanship in economic assessments while highlighting the challenges posed by the tax bill on the deficit and economic growth.

Phillip Swagel, the Director of the Congressional Budget Office, shares insights from his extensive career in economic policy, including his academic journey at Harvard and Princeton. He discusses the vital role of the CBO in the budget process and elaborates on dynamic versus static scoring methods. The conversation also touches on the complexities of fiscal multipliers and their impact on policy decisions, as well as the accuracy of economic forecasting in light of events like the COVID-19 pandemic. Transparency in budget analysis is another key theme, emphasizing the importance of public engagement.

Robyn Grew, President of Man Group, oversees a massive $170 billion in assets, while Brendan Carr, Chair of the FCC, focuses on crucial deregulation and national security in telecommunications. Phillip Swagel, Director of the U.S. Congressional Budget Office, shares insights on navigating budget dynamics. Together, they tackle pressing issues like market volatility, the evolving role of AI in finance, and the intricate balance between economic policies and business growth. Expect deep dives into leadership challenges and the future of tech communications.

Phillip Swagel, Director of the Congressional Budget Office, provides insights on the U.S. economy, including concerns over a potential $2 trillion deficit linked to proposed tax cuts. Frederick Kempe, President and CEO of the Atlantic Council, discusses the escalating tensions between Israel and Iran and their historical significance. They explore the implications these conflicts have on regional stability and the future of Israeli-Saudi normalization. The episode also highlights key takeaways from the G7 summit and Anne Wojcicki's acquisition of 23andMe.

Bloomberg reporter Liz McCormick and Phillip Swagel, director of the Congressional Budget Office, discuss America's increasing national debt reaching $34 trillion, surpassing defense spending. They explore the acceptability of the debt, its impact on the economy due to tax cuts and COVID-19, rising interest rates, lack of political will, and the influence of bond markets on the crisis.