Economic Recovery Measures

This weekend, there have been a number of editorials about fiscal and budget policy. Among them: USA Today argued for "patching" the estate tax next...

This 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...

It would be easy to dismiss the recent G-20 Summit in Pittsburgh as just more political babble, more empty business as usual just among more countries...

On Friday evening, the FDIC reported that it has taken over an additional bank ( Georgian Bank) for a cost to the FDIC of around $892 million. This...

The Government Accountability Office (GAO) recently issued a report (congrats to Andrew Samwick for pointing this out) on the status of government...

As the G-20 Summit gets underway in Pittsburgh, what should we hope to hear from the G-20 leaders? That they are prepared to continue supporting...

Following its two day meeting yesterday and today, the Fed’s monetary policy setting body (the Federal Open Market Committee or FOMC) released its...

Recently, Senate Majority Leader Harry Reid announced his support for the extension of the First-time Homebuyer Tax Credit by signing on as a...

On Friday evening, the FDIC reported that it has taken over an additional bank ( Irwin Union Bank and Trust Company) for a cost to the FDIC of around...

This week, members of the 10-person, bipartisan Financial Crisis Inquiry Commission met for the first time to begin efforts to investigate the causes...

Today, the Treasury announced the end of the Guarantee Program for Money Market Funds. According to the Treasury, risk of a “catastrophic failure” of...

This week marks the one year anniversary of the Lehman Brothers collapse, an event that both seriously destabilized and ominously ruptured the U.S...