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.
Last year, we got to see whether monetary policy could offset fiscal austerity from Congress.
Here's what to make of the hints coming out of the budget conference committee.
The 2013 fiscal year revenue and spending data are in, and the U.S. budget deficit is dropping.
The government could shut down at the end of the month. Here's why, in gory, horrible detail.
The Federal Reserve chairman thinks Congress is getting it backwards on deficit reduction.
Lost in the debate about Reinhart-Rogoff is the big question: does austerity help growth?
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.
The Princeton economist discusses how the economy blew up, how we put it back together, and how to prevent it all from happening again.