Economy
Latest
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The OECD and Robert Solow on the Effects of Debt
Read moreAs our national debt and deficit continue to rise, a question that continues to be on many people’s minds is how rising debt levels impact the economy...
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Bowles: National Debt Threatens U.S. Innovation
Read moreIn an interview with Forbes contributor Henry Doss, former Fiscal Commission co-chair Erskine Bowles explains just how our unsustainable debt...
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The Economic Effects of Avoiding (Much of) the Fiscal Cliff
Read moreUpdate: CBO confirmed our numbers today, finding a remaining fiscal contraction of about 1 1/4 percent . The American Taxpayer Relief Act which...
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QE 3.1: The Fed Gets Specific
Read moreIn September, the Federal Open Market Committee (FOMC) announced a third round of quantitative easing, consisting of purchases of mortgage-backed...
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Could We Go Bungee Jumping Off the Fiscal Cliff?
Read moreIt is a point of consensus among those following the budget that the fiscal cliff would likely be very damaging for the economy in the short term...
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Changes to Income-Based Repayment for Student Loans: "Safety Net or Windfall?"
Read moreOur colleagues Jason Delisle and Alex Holt of the New America Foundation's Federal Education Budget Project have released a new paper "Safety Net or...
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Social Security Adjustments Announced Today
Read moreWith the release of September inflation numbers from the Bureau of Labor Statistics, the Social Security Administration also announced its cost-of...
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Quantifying the Effects of Uncertainty
Read moreWe have seen many lawmakers and business leaders claim that the fiscal cliff is holding back the recovery and leading to higher unemployment, and in...
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Event Recap: "Economic and Foreign Policy Implications of America's Debt"
Read moreThe Center for Strategic and International Studies hosted an event today chaired by former Senators Sam Nunn (D-GA), who is a member of the steering...
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CBO Projects a Recession -- But How Deep?
Read moreWe've warned many times before that going off the fiscal cliff would throw the economy into a double dip recession. With CBO's updated budget and...
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Goldman Sachs On the Fiscal Cliff
Read moreIn a new investor note, Alec Philips of Goldman Sachs produced a useful new chart comparing three different scenarios for extending all the fiscal...
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How Long Will Low Interest Rates Last?
Read moreAre we really borrowing for free, and should we be taking advantage of it? Over the last few years, we’ve seen interest rates continue to fall to...