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Oct 13, 2020
On September 30, the federal government ended fiscal year 2020 with a budget deficit of $3.1 trillion. At an estimated 15.2 percent of gross domestic product (GDP), it was the largest deficit since 1945. On October 7, a fly nestled…


President Trump stunned politicos, investors, business groups, the media, and ordinary Americans alike earlier this week when, by executive tweet, he suddenly and unexpectedly withdrew from negotiations on a second major COVID relief package after weeks of shuttle diplomacy with…


For too long now we have watched as the national discourse has taken a divisive turn. Bipartisanship is endangered, “compromise” a dirty word. This has made dealing with key challenges all the more difficult, including our nation’s unsustainable fiscal path. …


On September 15, three panelists and roughly 100 attendees participated in a moderated discussion via Zoom on topics related to challenges presented by America’s aging population. This webinar was an outgrowth of a quarterly-issue series called “The Shape of Things…


The first Friday of every month is affectionately known in political circles as “Jobs Friday.” It’s when the Bureau of Labor Statistics releases its Employment Situation Report – a comprehensive snapshot of labor market conditions in the previous month. These…


This week, the Congressional Budget Office released its much-anticipated update to the 2020 budget baseline. The previous installment from CBO was published in March 2020, just ahead of the COVID-19 outbreak in the United States, the subsequent economic fallout, and…


We are deeply saddened by the news of Harold Janeway's passing. If there was one thing that characterized Janeway, it was his commitment to future generations. He demonstrated this with his life’s work and through his many philanthropic endeavors.…


Avid readers of The Lookout will notice that my missive today is unlike any of my previous entries. If you are accustomed to the colorful charts and technical policy analyses that usually accompany my posts, my sincerest apologies. Those features…


In a much-anticipated jobs report, the Department of Labor released data today showing continued hiring in July despite a surge in coronavirus cases, albeit at a slower pace than in previous months. The U.S. economy added 1.8 million jobs in…


The economic picture painted by a double dose of economic statistics released Thursday reveals a US economy struggling to escape the grip of the coronavirus. Record drop in real output. The Commerce Department’s Bureau of Economic Analysis reported that U.S.…


More than two months after House Democrats passed their version of the next installment of pandemic relief for struggling Americans (H.R.6800, the HEROES Act), Senate Republicans and Trump administration officials finally joined the debate and introduced their own: The Heath,…


On July 29, more than 100 people participated in a Zoom webinar on the topic of “health coverage for all.” The panel discussion featured three policy experts on a wide range of issues, such as the fiscal implications of expanded…

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