Economy

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...

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...

When the financial crisis began at the end of 2007, it soon became clear that the government would need to run higher deficits in response. Tax...

Bipartisanship will be a crucial element when it comes to reforming Social Security and achieving other budget related reforms in the near future. In...

In light of the recent controversy over the findings from economists Carmen Reinhart and Ken Rogoff on the relationship between debt and growth, there...

Economists Carmen Reinhart and Kenneth Rogoff of Harvard University have issued an erratum to their 2010 paper, “ Growth in a Time of Debt.” Their...

Today, the Peter G. Peterson Foundation held its third annual Fiscal Summit, assembling a number of prominent current and former lawmakers, experts...

As lawmakers gear up to debate immigration reform in the weeks and months ahead, it will likely coincide with the ongoing budget debate in Washington...

Regular readers of The Bottom Line are probably familiar with our goal of putting the debt on a downward path as a share of the economy over the long...

Harvard professors Carmen Reinhart and Kenneth Rogoff’s (R&R) 2010 paper, Growth in a Time of Debt, has been all over the news in the past few weeks...

Some commentators have criticized deficit reduction plans like " A Bipartisan Path Forward" for, in their opinion, promoting austerity at a time when...

The Congressional Budget Office has been busy on its blog lately, posting both snapshots of federal programs and also publishing responses to...