Economic Recovery Measures
Latest
-
Fed Pays Record $78.4B to Treasury from Interest on Risky Assets
Read moreYesterday the Federal Reserve announced it would be paying a record $78.4 billion to the U.S. Treasury for 2010. It accumulated this large sum from...
-
Moody's Warns U.S. over Tax Cut Deal
Read moreWith the Senate getting past a procedural vote in approving the tax deal, it appears more and more likely that this deal will soon become law. With...
-
So, How About That TARP?
Read moreLast week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
-
Markets’ Initial Reactions to the New Fiscal Compromise
Read moreFinancial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
-
Tax Cut Deal Revealed
Read moreIt appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...
-
CBO Unveils New TARP Estimate
Read moreCBO has issued new numbers for the total costs of the Troubled Asset Relief Program (TARP). CBO now estimates that TARP will cost $25 billion over the...
-
'Our Fiscal Security' Gets Specific
Read moreYou might have missed it last week if you were preparing to chow down on some turkey, but Our Fiscal Security (OFS)--a joint project of the Economic...
-
Warner's Bipartisan Solution to the Tax Cut Problem
Read moreIn an op-ed in the Financial Times today, Senator Mark Warner (D-VA) discussed tax breaks for the wealthy, an issue on everyone’s minds in the wake of...
-
Have No Fear, CRFB Is Here!
Read moreNoted economist Brad DeLong is asking: where are the technocrats of the center? In a recent blog post, he laments the lack of a concrete plan among...
-
Agreeing with Rubin
Read moreBob Rubin, former Clinton Treasury Secretary, had an opinion piece in the Financial Times on Monday that made a lot of points we certainly agree with...
-
The Fed Takes Another Big Step to Boost the Economy
Read moreAs widely expected (and priced into the markets), the Fed decided at its monetary policy committee meeting today that it would increase purchases of...
-
How to Build a Fiscal Consolidation Package: Some Lessons from the IMF
Read more“Virtually all advanced economies are likely to conduct fiscal consolidation at some point in the future to put their fiscal positions back on a...