Economy

With last week’s rate decision, the Federal Reserve has now cut the federal funds rate by 75 basis points over the past eight weeks. Over that same...

Recently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent larger than previously reported and...

Several major elements of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. While the estimated cost of extending...

A new report from the Congressional Budget Office (CBO) finds rising national debt will slow economic growth and reduce projected incomes. Compared to...

Overview Student debt cancellation has gained attention in recent years as a policy proposal to address rising student debt levels in the United...

In its June 2023 Long-Term Budget Outlook, the Congressional Budget Office (CBO) dedicated an entire section to discussing the risks and threats of...

G. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...

Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently appeared on the " You Don't Have to...

In economic history, 2022 will be remembered for high and rising inflation and rising interest rates in response. While high inflation dominated the...

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...

Chris Towner is research director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for Madison News , an excerpt...