International
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How Much will Biden’s Tariffs Raise?
President Biden recently announced increases to a number of tariffs on Chinese imports, including for lithium-ion batteries, electric vehicles, and...
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Donald Trump’s 60% Tariff on Chinese Imports
Former President and current Republican presidential candidate Donald Trump recently proposed implementing a tariff of 60 percent or higher on imports...
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A Breakdown of Foreign Aid Obligations
With policymakers considering supplemental appropriations for Ukraine, Israel, and other foreign policy needs, many are wondering how much of the...
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House Supplemental Should Find Real Offsets
Today, the House of Representatives released draft legislation to provide emergency funding related to the conflict in Israel and Gaza. The $14.3...
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CRFB Reacts to $106 Billion of Supplemental Funding
Today, the White House requested $106 billion of supplemental appropriations to address the conflicts in Ukraine, Israel, and Gaza as well as border...
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Congress Approved $113 Billion of Aid to Ukraine in 2022
Since Russia launched its invasion of Ukraine less than one year ago, Congress has approved more than $113 billion of aid and military assistance to...
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IMF: U.S. Continues to Stand Out with Growing Debt
The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic Product (GDP) according to...
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IMF: US is the Only Advanced Economy With Debt Rising
The International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...
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Greece is Rather Unique
The Greek saga took another turn last week as the second bailout from the Eurozone countries approved in 2012 expired on June 30, leading to Greece...
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CFR: U.S. Falling Behind Other Advanced Countries on Debt
The Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries...
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The IMF Looks at Budget Institutions in G-20 Countries
The International Monetary Fund recently published a study on budget institutions in G-20 countries. The study takes stock of these countries'...
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Baucus Releases International Tax Reform Draft
This week, Senate Finance Committee Chairman Max Baucus (D-MT) is moving ahead with tax reform, starting with the release of discussion drafts on...