Alice Rivlin discusses how President Obama, Congress, and industry can fix the U.S. deficit and create jobs.
The Honorable Alice Rivlin, Senior Fellow in Economic Studies at the Brookings Institution, former Vice Chairman of the Federal Reserve, former Director of the Office of Management and Budget, and former Director of the Congressional Budget Office
Moderator: Steve Clemons, Washington Editor-at-Large, The Atlantic
Steve Clemons is Washington editor at large for The Atlantic as well as editor in chief of Atlantic LIVE. He also publishes the popular political blog, The Washington Note at The Atlantic.com. Steve is Senior Fellow and Founder of the American Strategy Program at the New America Foundation, a centrist think tank in Washington, D.C., where he previously served as executive vice president. Clemons writes and speaks frequently about the D.C. political scene, foreign policy and national security issues, as well as domestic and global economic policy challenges.
The Honorable Alice M. Rivlin
Alice M. Rivlin is a senior fellow in the Economic Studies Program at Brookings and a visiting professor at the Public Policy Institute of Georgetown University.
Before returning to Brookings, Ms. Rivlin served as vice chair of the Federal Reserve Board (1996-99). She was director of the White House Office of Management and Budget in the first Clinton administration. She also chaired the District of Columbia Financial Management Assistance Authority (1998-2001). Ms. Rivlin was the founding director of the Congressional Budget Office (1975-83). She was director of the Economic Studies Program at Brookings (1983-87). She also served at the Department of Health, Education and Welfare as assistant secretary for planning and evaluation.
In February 2010, Ms. Rivlin was named by President Obama to the Commission on Fiscal Responsibility and Reform. She also co-chaired, with former Senator Pete Domenici, the Bipartisan Policy Center’s Task Force on Debt Reduction.
Ms. Rivlin received a MacArthur Foundation Prize Fellowship in 1983 and the Moynihan Prize in 2008. She was named one of the greatest public servants of the last 25 years by the Council for Excellence in Government in 2008. She has taught at Harvard, George Mason, and The New School Universities. She has served on the boards of directors of several corporations, and as president of the American Economic Association.
Ms. Rivlin is a frequent contributor to newspapers, television, and radio, and is currently a regular commentator on Nightly Business Report. Her books include Systematic Thinking for Social Action (l971), Reviving the American Dream (1992), and Beyond the Dot.coms (with Robert Litan, 2001). She is co-editor (with Isabel Sawhill) of Restoring Fiscal Sanity: How to Balance the Budget (2004), Restoring Fiscal Sanity 2005: Meeting the Long-Run Challenges, (with Joseph Antos) of Restoring Fiscal Sanity 2007: The Health Spending Challenge, and (with Litan) of The Economic Payoff from the Internet Revolution (2001).
Ms. Rivlin was born in Philadelphia, Pennsylvania, and grew up in Bloomington, Indiana. She received a B.A. in economics from Bryn Mawr College and a Ph.D. from Radcliffe College (Harvard University) in economics 1958. She is married to economist Sidney G. Winter, professor emeritus at the University of Pennsylvania. She has three children and four grandchildren.
Alice Rivlin, a member of President Obama's National Commission on Fiscal Responsibility and Reform, shares her objections with the views of economist Paul Krugman on government spending and debt. According to Rivlin, in contrast to Krugman's argument, government can both grow the economy and limit new federal debts.