Heritage Expert

J.D. Foster, Ph.D.

  • Norman B. Ture Senior Fellow in the Economics of Fiscal Policy

JD Foster is the Norman B. Ture Senior Fellow in the Economics of Fiscal Policy at The Heritage Foundation.

His primary focus is studying long-term changes in tax policy to ensure a strong economy. He also examines changes in Medicare, Medicaid and Social Security so they are both affordable and more effective.

Foster came to Heritage in 2007 after serving many years at the White House, the Executive Branch, Capitol Hill and private policy institutions. His last job before joining Heritage was at the White House's Office of Management and Budget, where he was Associate Director for Economic Policy.

While there, Foster led the office's economic policy staff and advised three Directors on developments in the economy and potential changes in economic policy. He was also the chief adviser to the Director on matters of tax policy and led the OMB team in the Administration's "Troika" economic forecasting process. In addition, he played a leading role in the development and advancement of the Administration's pension and private health care policies.

Before joining OMB in June 2002, Foster served at the Treasury Department, where he was Senior Adviser in Economics at the department's Office of Tax Policy. He also advised the Assistant Secretary on issues concerning the 2001 tax cut, the 2002 tax stimulus bill, reform of the tax expenditure presentation in the President's budget, simplification, and options for tax reform.

On Capitol Hill, he was the Legislative Director for Rep. Philip M. Crane (R-IL), then Vice Chairman of the House Ways and Means Committee. Before that, he was the Executive Director and Chief Economist at the Tax Foundation, a Washington, D.C.-based research and education institution. While at the foundation, he saw its research program and reputation restored, a variety of new education programs instituted, and its debt retired. He also was Chief of Staff to Chairman Michael Boskin at the President's Council of Economic Advisors at the White House.

Prior to joining the Council of Economic Advisors, Foster was:

  • Economic Counsel to Sen. Steve Symms (R-ID) and working on the Senate Finance and Budget Committees, 1991.
  • Staff Economist at the Senate Republican Policy Committee under Sen. Don Nickles (R-OK), 1991.
  • Economic Counsel to Sen. William Armstrong (R-CO) and working on the Senate Finance and Budget Committees, 1989-1990.
  • Staff Economist at the Institute for Research on the Economics of Taxation, 1985–1989.

Foster received his doctorate in economics from Georgetown University, his master's degree in economics from Brown University, and bachelor's degrees in economics and mathematics from the University of Colorado.

All Publications by J.D. Foster, Ph.D.
  • Issue Brief posted May 14, 2012 by J.D. Foster, Ph.D. The Good News in the Medicare Trustees Report

    The release of the annual Medicare trustees report in late April, containing as it did a vast array of very bad news, was immediately greeted with valid dire warnings of fiscal disaster.[1] Little noticed, however, were three important bits of good news: the inevitability of imminent action; a…

  • Issue Brief posted May 9, 2012 by J.D. Foster, Ph.D. Germany’s Economy Is Badly Exposed

    As the European economic crisis once again comes to a boil, many wonder how the Europeans put themselves in such hot water. This is a political crisis on top of an unemployment crisis, which bubbles on top of a fiscal crisis, underneath which is the critical element of an unsustainable…

  • Issue Brief posted May 9, 2012 by J.D. Foster, Ph.D. The 2012 Tax Policy Two-Step: Taxmageddon, Then Tax Reform

    The nation faces an unprecedented tidal wave of tax hikes on January 1, 2013. Aptly called “Taxmageddon,” at nearly $500 billion the tax hike is so massive that it has accomplished what many regarded as impossible: consensus.[1] There is broad agreement that at least most of this tax…

  • Issue Brief posted May 1, 2012 by J.D. Foster, Ph.D. Tax Extenders Review Needs a Framework

    The House Ways and Means Committee is performing an important public service in laboriously working through the “tax extenders.” Specifically, the Subcommittee on Select Revenue Measures under Chairman Pat Tiberi (R–OH) is compelling supporters to come forward and make the case why their provision merits extension. …

  • Backgrounder posted March 26, 2012 by J.D. Foster, Ph.D. The Obama Budget’s Hidden Medicare Spending

    Abstract: The President’s budget perpetuates a misleading portrayal of the true magnitude of federal spending. This is most clearly evident in the figures for Medicare spending, which the Office of Management and Budget (OMB) reports as $480 billion for 2011—$80 billion less than the…

  • Backgrounder posted February 7, 2012 by J.D. Foster, Ph.D. Premium Support Is Incremental, Not Radical Medicare Reform

    Abstract: Medicare reform is inevitable because its demands on the federal budget are unsustainable. The question is whether Congress will extend the premium support model to the rest of Medicare or pursue a radical approach that …

  • WebMemo posted February 1, 2012 by J.D. Foster, Ph.D. CBO Baseline: A Few Quirks Do Not Distract from a Dismal Picture

    The Congressional Budget Office (CBO) released its baseline budget outlook through fiscal year 2022 on January 31. The analysis is as creditable to the CBO as its message is daunting to the nation. After squandering three years in which the signal consequences have been persistent high unemployment coupled with an…

  • Backgrounder posted December 13, 2011 by J.D. Foster, Ph.D. The New Flat Tax—Easy as One, Two, Three

    Abstract: The current tax system discourages saving. It discourages investment. It discourages entrepreneurship. It causes decision makers to misallocate the nation’s resources, limiting productivity gains, wage gains, and the nation’s overall level of international competitiveness. And, it is far, far too complicated. The New Flat Tax is the remedy.…

  • Backgrounder posted November 2, 2011 by J.D. Foster, Ph.D. True Tax Reform: Improves the Economy, Does Not Raise Taxes

    Abstract: There is little dispute that the current federal income tax is in real need of an overhaul. The heart of tax reform is to achieve a stronger economy through the adoption of a more economically neutral tax system featuring much lower marginal…

  • WebMemo posted October 18, 2011 by Derek Scissors, Ph.D., J.D. Foster, Ph.D. Avoiding America’s Lost Decades

    The warning bells were sounded in early 2009: The U.S. government had to act swiftly and forcefully to avoid repeating Japan’s painful experience of sustained economic stagnation.[1] The Obama Administration’s policies have failed to this point, and Japanese-style long-term stagnation may well ensue unless a fundamental course correction…