Economic Recovery Measures
Latest
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UI Offsets a Good Start, But Fall Short
Today, the Congressional Budget Office released their score of the proposal from Majority Leader Harry Reid (D-NV) to renew extended unemployment...
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Offsetting A Long-Term UI Extension
The unemployment insurance saga continues. Today, Senate Majority Leader Harry Reid (D-NV) proposed an alternative unemployment benefit extension...
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Unfinished Business for the New Year
The passage of the Bipartisan Budget Act was a positive move away from governing by crisis, and a demonstration that policymakers can meet self...
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Stopgap Unemployment Benefit Extension Should Be Offset
At the end of 2013, Congress allowed extended unemployment benefits to expire, and as a result the maximum number of weeks for collecting benefits has...
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The FOMC Tapers, But That's Not All!
In a move that has been discussed and anticipated for months, the Federal Reserve's Federal Open Market Committee announced that it would slightly...
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Like Other Extenders, Unemployment Benefits Should Be Offset
Recently, several Members of Congress and outside groups have called for continuing extended unemployment benefits to allow the unemployed to collect...
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Treasury Set to Exit GM By Year's End
The New York Times is reporting that the Treasury Department will sell its remaining shares in General Motors, bringing to an end its five-year...
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The President's Housing Reform Proposals
Yesterday in Phoenix, one of the hardest hit areas by the housing bust, President Obama gave a speech that laid out his plan to strengthen the housing...
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On the President's Proposed "Grand Bargain"
The talk of the town in recent days has been President Obama's new plan to combine corporate tax reform with public investments in what President...
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The $21 Billion TARP
Yesterday, the CBO released its latest estimate of the subsidy cost of the Troubled Asset Relief Program (TARP). The estimate serves as a...
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Expanding Principal Writedowns to Fannie and Freddie
Sometimes, the timing of things can really work out in Washington. Yesterday, President Obama nominated Rep. Mel Watt (D-NC) to be the head of the...
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How Much Is the Economy Contributing to Deficits?
Last Friday, the CBO released a report showing how much the business cycle has affected budget deficits since 1960. The report shows the effect that...