Economics
Latest
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2022 Inflation Hit a 41 Year Record
Inflation surged at the fastest pace since 1981 last year, based on the final Consumer Price Index (CPI) and Personal Consumption Expenditure Price...
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Biden IDR Plan Will Cost More than Advertised
Last month, the Biden Administration put forward a proposed rule to unilaterally expand the Income-Driven Repayment (IDR) program for student debt. In...
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Marc Goldwein on You Don't Have to Yell Podcast Discussing Debt Ceiling
Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently appeared on the " You Don't Have to...
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The 2022 U.S. Economy in Ten Charts
In economic history, 2022 will be remembered for high and rising inflation and rising interest rates in response. While high inflation dominated the...
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Chris Towner: Three Charts That Tell America’s Troubling Fiscal Tale
Chris Towner is policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for Inside Sources , an excerpt...
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Mitch Daniels: Modern Monetary Theory, debunked everywhere except among government big-spenders
Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co...
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Fiscal Policy in a Time of High Inflation
Inflation is currently surging at the fastest rate in more than four decades, with the Consumer Price Index (CPI) up 8.2 percent over the past year...
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Student Debt Cancellation is Not Financially Justified
The White House has justified the unilateral implementation of its $400 billion student debt cancellation plan based on authority the Secretary of...
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Student Debt Changes Would Boost Inflation
The student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...
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Cancelling Student Debt Would Undermine Inflation Reduction Act
The recently-passed Inflation Reduction Act (IRA) will reduce budget deficits by roughly $275 billion while pushing fiscal policy in the right...
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IRA Will Help Fed Fight Inflation
A recent Penn Wharton Budget Model (PWBM) study has been used by opponents to claim the Inflation Reduction Act (IRA) would increase rather than...
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Maya MacGuineas: Five ways national debt is canceling our future
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...