fiscal-policy

Think tank: Congress, you fix the economy

A new initiative by the left-leaning Center on Budget and Policy Priorities launching today is refocusing on the role of fiscal policy in the nation’s economic recovery. It's about time.

In 2013, the Fed showed why fiscal policy is still important

Last year, we got to see whether monetary policy could offset fiscal austerity from Congress.

  • Mike Konczal
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  • Jan 18, 2014

Don’t expect a big budget deal. But what about a small one?

Here's what to make of the hints coming out of the budget conference committee.

  • Neil Irwin
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  • Oct 31, 2013

Congratulations, America! Your deficit fell 37 percent in 2013.

The 2013 fiscal year revenue and spending data are in, and the U.S. budget deficit is dropping.

  • Neil Irwin
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  • Oct 31, 2013

Everything you need to know about why the government might shut down

The government could shut down at the end of the month. Here's why, in gory, horrible detail.

  • Dylan Matthews
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  • Sep 18, 2013

Bernanke to Congress: Seriously, guys, what are you doing?

The Federal Reserve chairman thinks Congress is getting it backwards on deficit reduction.

  • Neil Irwin
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  • May 22, 2013

Austerity may help growth during good times. But man, does it hurt during bad times.

Lost in the debate about Reinhart-Rogoff is the big question: does austerity help growth?

  • Dylan Matthews
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  • Apr 18, 2013

The single best chart on the policies driving our deficits — now updated!

For four years, the Center for Budget and Policy Priorities has put out a great chart showing what's driving our deficit (the wars in Afghanistan and Iraq and tax cuts). Here's the final version of that chart, as informative as ever.

  • Dylan Matthews
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  • Feb 28, 2013

Everyone hates TARP and the stimulus. Alan Blinder thinks everyone’s wrong.

The Princeton economist discusses how the economy blew up, how we put it back together, and how to prevent it all from happening again.

  • Dylan Matthews
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  • Jan 23, 2013