Economics
Latest
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IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.
Read moreThe International Monetary Fund (IMF) made news earlier this week when it issued a report saying that most advanced economies will not need future... -
Comparing Fiscal Multipliers
Read moreThe United States is currently facing one of its worst economic and public health crises as a result of COVID-19. Though substantial COVID relief has... -
Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve
Read moreJanet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the Federal... -
Did GDP Fall by One-Third?
Read moreIn their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) report, several news outlets have used the... -
Income Has Risen Through the COVID Recession But That May Soon Change
Read moreDespite the sharpest economic contraction is modern history, personal income has actually grown since the COVID-19 crisis started through May. While... -
How Big Should the Next COVID Package Be?
Read moreWith over $2 trillion of fiscal support now out the door, Congress is considering additional legislation to help stabilize the economy, support the... -
CBO Releases New Economic Projections
Read moreToday, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic... -
How Does COVID Relief Compare to Great Recession Stimulus?
Read moreWe have published an abbreviated update of this analysis, incorporating additional legislation. We now find the COVID-19 response to be larger than... -
Treasury Data Shows Other Countries Not Buying Additional Debt
Read moreTotal foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing that took... -
Chartbook: The COVID-19 Crisis and Federal Response
Read moreThe economic crisis sparked by the COVID-19 pandemic has been sharper and more dramatic than any we have experienced in our nation’s history. Likewise... -
CBO Releases Interim Economic Projections
Read moreThe Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during the... -
Is the Fed Buying Our New Debt?
Read moreSo far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination with...