Economics
Latest
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Economists Agree: Deficits Matter
Rarely do economists agree on anything. But a survey this week through the University of Chicago's IGM Forum found that 42 top economists from across...
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Maya MacGuineas: The Rise of Free Lunch Economics & the Growth of Our National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Erskine Bowles: Americans are being left behind. Here's how we fix it.
Many Americans are being left behind by today’s modern, global economy, and they are justifiably angry about it.
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The Longest Shutdown Has Hit Consumer Sentiment the Hardest
It's not just the economy that's taken a hit from the partial shutdown of the government. Consumer confidence has taken a dip as well, falling more...
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The Government Shutdown Could Wipe Out Recent Stimulus Effects on This Quarter
The current government shutdown has lasted long enough to temporarily erase all the positive stimulus effects of recent major legislation. Chairman of...
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The Shutdown's Economic Toll Equals the Average Hurricane
The current government shutdown is the economic equivalent of a self-imposed natural disaster. As the 32nd day of the longest government shutdown in...
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CBO: Fixing the Debt Could Increase Average Income by $6,000 Per Person
While some recent commentators have suggested Americans stop worrying about our debt, evidence shows there is a significant upside to addressing our...
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The Deficit Has Never Been This High When the Economy Was This Strong
This year, the budget deficit is projected to total about $970 billion – 4.6 percent of GDP – up from $666 billion (3.5 percent of GDP) in 2017. This...
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Maya MacGuineas Discussed Rising Interest on NPR
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, discussed our deteriorating fiscal situation, including how the U.S...
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3rd Quarter Growth of 3.5 Percent is Good News, But Doesn't Reflect a Sustained Boost
The Bureau of Economic Analysis (BEA) today announced its initial estimate that the economy grew at a 3.5 percent annualized rate in the third quarter...
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CBO Shows Faster Growth Is Important for Fixing the Debt
Strong, sustained economic growth is an important ingredient in putting the debt on a sustainable course. In addition to increasing incomes and...
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CBO Releases New Economic Projections
The Congressional Budget Office (CBO) released new ten-year economic projections today, updating its projections from April. The latest projections...