"The FY05 Federal Budget Game Show"
Will the FY 2005 budget debate put the economy in jeopardy?
January 28, 2004 · Washington, D.C.
Agenda · Register
Fleishman-Hillard, National Journal, and Government Executive are joining forces to conduct a special half-day executive briefing that will help you get ready for next year's television game show-like debate on the federal budget, spending, and taxes.
This will be the 15th year that this popular briefing is presented just as the budget debate gets underway in Washington. "The Federal Budget Game Show" will be held shortly before the Bush Administration is expected to send its fiscal 2005 budget to Congress, so it will take place just when you need it the most. Be sure to register today!
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7:30 - 8:30 a.m.
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Registration
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8:30 - 9:00
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Wheel Of Fortune
The FY 2005 budget will be $2.4 trillion--or more, the federal deficit will be $400 billion to $500 billion-or higher, and interest on the federal debt could be the fastest growing part of federal spending. This should point to substantial pressure on Congress to limit spending and tax cuts. But will that really be the case? This first "program" will provide you all the details on the numbers and whether that means that your program will be able to get the big money or lose a turn. And who will be turning the letters?
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9:00 - 9:30
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To Tell The Truth
Will the real budget forecast please stand up? It wasn't that long ago that everyone was talking about deficits as far as eye can see. Then we were projecting big and growing surpluses and paying off the national debt. Now some are forecasting a steady series of half trillion dollar deficits. This second program will explain how much things have really changed, why, and the truth according to OMB, CBO, and Wall Street.
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9:30 - 10:00
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The Price Is Right
What political and procedural limits will be imposed during the FY 2005 budget debate? How much room will there be for tax cuts and spending increases if the deficit reemerges as an issue? Will appropriations be the place where the line will be drawn? This third program will explain the basic rules under which the FY05 budget, spending, and tax debates will take place and which programs are most likely to be told to "Come on down."
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10:00 - 10:15
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Break
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10:15 - 10:45
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Family Feud
As the Medicare and energy of 2003 debates amply demonstrated, the narrow majorities in both houses are pitting Democrats and Republicans against one other on high stakes issues. And nothing will have higher stakes as the 2004 election approaches than the budget, spending and taxes. This fourth program explains what the feud between the conservatives and moderates, northerners and southerners, etc. in each party mean for different parts of the budget and revenues. Survey says...
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10:45 - 11:00
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Let's Make A Deal/Beat The Clock
For many people, the biggest question will be whether they take the budget they see or the one behind door #1. How will Congress and the White House make the decisions that need to be made this year? Better yet, given that there will be more and longer recesses this year because of the election and national conventions, how will they be able to Beat The Clock and get everything done by the start of the fiscal year? This program will explain what's likely to happen, the deals that will have to be made to make it happen, and when you should think about taking a few days off without missing any of the action, or inaction.
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11:00 - 11:30
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The Gong Show?
This final program will tell you the keys to understanding what will happen-both so you can take advantage of the situation and avoid getting the gong. It will also explain who will really be performing and who will be deciding whether the gong should get rung during the federal budget, tax, and spending debates.
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If you have any questions, please contact: