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Tracy Foertsch, Ph.D. (Former employee)
Senior Policy Analyst, Center for Data Analysis
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summary:
Tracy Foertsch is a Senior Policy Analyst in The Heritage Foundation's Center for Data Analysis.
Foertsch runs the center's macroeconomic economic models and supports its work on tax reform, Social Security, Medicare and a host of other issues. She is also responsible for the center's "dynamic analysis" of changes in fiscal policy.
Dynamic analysis measures the impact on federal tax revenues on the changes in output and incomes induced by changes in tax policy. Proponents of pro-growth tax policies and fundamental tax reform often use dynamic analysis because conventional revenue estimates did not take into account behavioral changes caused by tax cuts. Dynamic analysis uses advances in computers and economic modeling to generate revenue estimates that include these factors.
Foertsch received her doctoral degree in economics from Ohio State University in 1997. She received her bachelor's degree in economics and mathematics from Heidelberg College in Tiffin, Ohio, in 1991.
Before joining Heritage in 2005, Foertsch was an Associate Analyst in the Macroeconomic Analysis Division at the Congressional Budget Office (CBO), where she developed one of the macroeconomic models used for the CBO's first dynamic analysis of President George W. Bush's budget. While at CBO, she also wrote and supported analysis for the economic outlook chapter of the CBO's biannual Budget and Economic Outlook report. Before joining the budget office, Foertsch was an operations research analyst with the Joint Warefare Analysis Center in Dahlgren, Va.
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