Economy
Latest
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Trichet Calls for ‘Ambitious’ Debt Reduction
While a great deal of attention has been given to Federal Reserve Chairman Ben Bernanke’s address in Jackson Hole, Wyoming on Friday, the remarks...
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‘Line’ Items: Emmy Edition
From Red Carpet to Red Ink – The Emmy Awards last night celebrated the best in TV. In Washington, the plotlines are still being written for this fall...
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Current Policy Extensions and Growth
If lawmakers extended various current policies, as opposed to letting them expire as they are set to under current law, what would happen to economic...
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S&P Warns U.S. About Credit Rating
Credit-rating agency Standard & Poor’s has a message to U.S. policymakers: We are watching you on the growing national debt. In an interview today in...
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Boehner Speaks on Deficits and Taxes
House Republican Leader John Boehner (R-OH) gave an economic speech today that was billed as setting the policy table if Republicans gain control of...
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Economic Projections in CBO's Budget Update
Since economic assumptions have such a big effect on fiscal projections, we have compared their new assumptions in the Updated Budget and Economic...
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FOMC to the QE?
With heated public debate and growing uncertainty about the momentum of the economic recovery, all eyes turned to the scheduled meeting of the Federal...
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This Year (and a Half) In Stimulus
Yesterday, the House passed the $26 billion bill that would extend increased Medicaid matching to states and education funding to prevent teacher...
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MARKETWATCH: August 2-6
Today’s disappointing employment report (unexpectedly, June was revised downward and July was weak) prompted a Treasury rally, attributed by the...
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Memo to Policymakers: Expectations Matter
Our policymakers need to focus more how shaping and managing fiscal expectations can help us get our fiscal house in order while supporting growth at...
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Three Economists Testify Before Senate Budget Committee
Yesterday morning, Richard Berner of Morgan Stanley, Simon Johnson of MIT, and Joel Naroff of Naroff Economic Advisors testified before the Senate...
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‘Line’ Items: War Supplemental Finally Passes; Small Biz Bill Not So Lucky
House Gone, Senate Eyeing the Exit – The House started its six-week recess Friday and the Senate will adjourn at the end of this week. Debate and a...