Economy
Latest
-
Under Dynamic Scoring, House Tax Bill Still Explodes the Debt
Read moreNote: this blog has been updated to reflect the Tax Foundation's corrected growth and revenue numbers. Recent dynamic estimates of the Tax Cuts and...
-
Chartbook: Dynamic Scoring and Tax Reform
Read moreThis presentation covers that tax cuts don't pay for themselves, smart tax reform can generate $300 billion to $400 billion of dynamic revenues (not...
-
Have Stock Market Gains Reduced the National Debt?
Read moreOn Fox News last night, President Trump claimed the growth in the stock market has reduced the national debt. It has not. The two measures are not...
-
Does 3% Growth Mean We Can Go Much Higher?
Read moreYesterday, President Trump gave a speech in which he mentioned that the U.S. economy grew 3.0 percent in the second quarter. While this is a solid...
-
Highlights from CBO's June Baseline Update
Read moreToday, the Congressional Budget Office (CBO) released updated ten-year budgetary baseline and economic projections. Like its previous projection in...
-
Do Temporary Tax Cuts Only Have A Small Impact on Growth?
Read moreWhile promoting tax reform, House Speaker Paul Ryan stated Tuesday that temporary tax cuts do not produce a large boost to economic growth: These...
-
Marc Goldwein on NPR's Planet Money: How to Get 3% Growth
Read moreAchieving 3 percent sustained annual growth would be incredibly difficult, yet that assumption is embedded in President Trump’s proposed budget. In an...
-
How Fast Can America Grow?
Read moreOfficial projections show real economic growth will average less than 2 percent annually over the next decade. However, some policymakers have...
-
Policies to Grow the Economy
Read moreThe aging of the population will make achieving past levels of economic growth much more difficult in the years ahead. The Congressional Budget Office...
-
CBO Economic Forecast Sees Major Headwinds Facing Growth
Read morePredicting what the economy will look like over the next 30 years is no easy task, but the assumptions in the Congressional Budget Office’s (CBO) Long...
-
Don't Count on 4% Growth
Read moreDuring the campaign, President-elect Trump frequently claimed his policies would grow the economy by 4 percent per year, also mentioning growth...
-
Governing through Leadership: Steps to Secure Our Fiscal Future
Read moreA Memorandum to President-Elect Donald J. Trump TO: President-Elect Donald J. Trump FROM: Governor Mitch Daniels, Secretary Leon Panetta, Congressman...