Economic Recovery Measures
Latest
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Moody's Warns U.S. over Tax Cut Deal
With the Senate getting past a procedural vote in approving the tax deal, it appears more and more likely that this deal will soon become law. With...
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So, How About That TARP?
Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
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Markets’ Initial Reactions to the New Fiscal Compromise
Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
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Tax Cut Deal Revealed
It appears that President Obama and Republican lawmakers have reached a deal to extend the tax cuts enacted from 2001 to 2003. Part of the deal...
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CBO Unveils New TARP Estimate
CBO has issued new numbers for the total costs of the Troubled Asset Relief Program (TARP). CBO now estimates that TARP will cost $25 billion over the...
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'Our Fiscal Security' Gets Specific
You might have missed it last week if you were preparing to chow down on some turkey, but Our Fiscal Security (OFS)--a joint project of the Economic...
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Warner's Bipartisan Solution to the Tax Cut Problem
In an op-ed in the Financial Times today, Senator Mark Warner (D-VA) discussed tax breaks for the wealthy, an issue on everyone’s minds in the wake of...
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Have No Fear, CRFB Is Here!
Noted economist Brad DeLong is asking: where are the technocrats of the center? In a recent blog post, he laments the lack of a concrete plan among...
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Agreeing with Rubin
Bob Rubin, former Clinton Treasury Secretary, had an opinion piece in the Financial Times on Monday that made a lot of points we certainly agree with...
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The Fed Takes Another Big Step to Boost the Economy
As widely expected (and priced into the markets), the Fed decided at its monetary policy committee meeting today that it would increase purchases of...
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How to Build a Fiscal Consolidation Package: Some Lessons from the IMF
“Virtually all advanced economies are likely to conduct fiscal consolidation at some point in the future to put their fiscal positions back on a...
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Blinder on the Fiscal Policy Paradox
In an op-ed in today’s Wall Street Journal, Alan Blinder discusses his frustrations with what he dubs the “fiscal policy paradox”: that the economy...