Fiscal Challenge Kickoff October 21, 2020 The Problem 200 Federal - - PowerPoint PPT Presentation

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Dec 27, 2022 234 likes •328 views

Fiscal Challenge Kickoff October 21, 2020 The Problem 200 Federal Debt Held by the Public CBO Projection 150 Percent of GDP Pandemic 100 Great Recession 50 0 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025

SLIDE 1

Fiscal Challenge Kickoff

October 21, 2020

SLIDE 2

The Problem

10/21/2020 FISCAL CHALLENGE 2

Source: Congressional Budget Office Great Recession Pandemic 50 100 150 200 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 Percent of GDP Federal Debt Held by the Public CBO Projection

SLIDE 3

50 100 150 200 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 Percent of GDP Federal Debt Held by the Public CBO Projection Goal

Your Solution

10/21/2020 FISCAL CHALLENGE 3

Goal: maintain the federal debt-to-GDP ratio at its current level over a 30-year horizon

Great Recession Pandemic Source: Congressional Budget Office, Fiscal Challenge

SLIDE 4

Fiscal Challenge 2021 Rules and Timeline

Rules Timeline October 30, 2020 | Registration opens March 4, 2021 | First round proposal due March 6, 2021 | Finalists notified April 2021 | Final round competition

First round presentations should be no more than

20 minutes in length

Video should include slides and audio, with student

cameras turned off

For fair judging, videos must exclude identification
f team numbers, advisors, or school affiliations,

including school colors, emblems, logos, or the like

Each registered team will receive a unique team

number for use in competition

Videos are to be submitted as unlisted YouTube

videos using guidelines established on our website

10/21/2020 FISCAL CHALLENGE 4

SLIDE 5

Why Participate in Fiscal Challenge?

Learning Networking Teambuilding Resume building

Equivalent content to a 400-level (or equivalent) advanced economics course Connect with our think tank and advisor partners Work as a team to craft a proposal and construct a persuasive presentation Add a unique extracurricular activity to your resume

10/21/2020 FISCAL CHALLENGE 5

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Tips for Crafting a Successful Proposal

1 2 3 4

Form a team of four to six students Set a schedule Research, research, research Submit your deliverable

Tip! Differing backgrounds and expertise help to broaden perspectives Tip! Don’t focus on Q&A practice until after deliverable is submitted Tip! Try to keep your analysis to no more than three key points Tip! An attribution analysis helps the audience track your proposal's progress toward the goal

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Tip! CBO is a great starting point; leverage think tanks and our advisors Tip! Use a baseline forecast for debt AND GDP Tip! Presenting your opinion without supporting evidence is not suggested

SLIDE 7

Judging Rubric

10/21/2020 FISCAL CHALLENGE 7

SLIDE 8

Next Steps: Register!

10/21/2020 FISCAL CHALLENGE 8

Registration opens October 30, 2020 at fiscalchallenge.org

SLIDE 9

Questions?

10/21/2020 FISCAL CHALLENGE 9