Latest
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Debate on Necessity of Additional Stimulus
Read moreIn response to high unemployment numbers, the Obama Administration is discussing the idea of a tax credit for employers that create new jobs. House...
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Memo for FY2011 Budget Preparation: Positive Effects from Preannouncing Deficit Reduction
Read moreFaced with massive debt burdens coming out of the economic and financial crisis – even before the retirement and health care tsunami hits – experts...
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The U.S. Taxpayer and the IMF
Read moreFor the U.S. taxpayer, last weekend’s International Monetary Fund (IMF) meetings in Turkey were a reminder of the importance of global cooperation to...
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Urban Institute Panelists Examine Exploding Debt
Read moreThe Urban Institute hosted an event today on The Financial and Economic Consequences of an Exploding Debt. Len Burman, Norman Ornstein, Mike Mussa...
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TARP -- One Year Later
Read moreSaturday marked the one-year anniversary of the Troubled Asset Relief Program (TARP), established as part of the Emergency Economic Stabilization Act...
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Three More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional three banks ( Southern Colorado National Bank, Jennings State Bank, and...
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Weekend Editorial Roundup
Read moreThis weekend, there have been a number of editorials about fiscal and budget policy. Among them: USA Today argued for "patching" the estate tax next...
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September Unemployment Rate and Uncertain Outlook
Read moreTo those watching the economy as it enters into positive territory and the financial markets as they seemed to be getting into gear again, today’s...
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Social Security Beneficiaries Rise by 19%
Read moreAccording to Bloomberg News, the number of Social Security beneficiaries increased by 19 percent, or 2.6 million retired workers, in FY 2009. This...
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This Week's Finance Committee Markup
Read moreThe Senate Finance Committee wrapped up work today on the markup of their Health Care Reform legislation, America’s Healthy Future Act. After moving...
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FDIC Proposes Banks Prepay Insurance Premiums
Read moreThis week, the FDIC issued a Notice of Proposed Rulemaking (NPR) to require insured banks to prepay premiums for Q4 2009 all the way through 2012. The...
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Simplifying the Tax Code
Read moreYesterday, the tax subgroup of the President's Economic Recovery Advisory Board (PERAB) met to discuss ideas for simplifying the tax code as part of...