Economy
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CBO Continues to Say the Debt Will Be a Problem for Economic Growth
In its February 2014 Budget and Economic Outlook, CBO continued its previous warnings from last year's February outlook and September's long-term...
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Growth and Deficit Reduction Are Not Incompatible
Yesterday in an interview on CNBC's Squawkbox, former Treasury Secretary Larry Summers chimed in again on his views that boosting economic growth...
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Wessel: Why It's Wrong to Dismiss the Deficit
Two weeks ago, we responded to a Larry Summers op-ed calling for a focus on growth rather than deficits. Yesterday, Wall Street Journal economics...
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Could Faster Growth Solve Our Debt Woes?
A number of commentators have suggested recently that our budget problems could be solved if only we focused more on promoting economic growth...
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The Economic Cost of the Shutdown
As we enter day 2 of the government shutdown, Americans across the country are already feeling the impact. With federal government offices and...
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As the Fed Meets, CRFB Quantifies Interest Rate Risk Facing the Budget
Beginning tomorrow, the Federal Open Market Committee, the Fed's interest rate setting and deliberative body that meets eight times a year -- will...
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Economists' Survey: Long Term, Not the Short Term, Should Be the Focus
The National Association for Business Economics (NABE) conducted its semi-annual survey recently, surveying 220 economists on questions of fiscal...
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Get Ready for Budget Numbers to Change
As of Wednesday's GDP report, GDP for fiscal year 2012 was revised upward by roughly $560 billion to a total of $16.2 trillion. This almost Houdini...
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The Analysis of the Analysis: CRFB's Take on CBO's Immigration Estimates
CBO's recent budgetary and economic analyses of the Senate immigration bill have been making waves in the political sphere as lawmakers rush to...
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CBO Estimates the Senate Immigration Bill
Yesterday, the Congressional Budget Office released two analyses, a cost estimate and an economic analysis, of the Senate's immigration bill -- S.744...
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The Debt Won't Magically Solve Itself
Over the past few weeks, we've seen a common argument in favor of turning away from solving our long-term debt problem due to short-term improvements...
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MY VIEW: Gene Steuerle June 2013
At times, the fiscal debate can be confusing, as it is often set up as a simplistic contest between an argument for austerity against an argument for...