Elected officials often approach discussions about deficit reduction as a zero-sum game in which compromise amounts to defeat. But as various experts and bipartisan groups have demonstrated, certain policy options could bring results that should please both parties.“The best ideas…
With an eye on the need to raise the federal debt limit soon, administration officials and six congressional representatives began deficit-reduction negotiations last week. Some of those involved in the talks, chaired by Vice President Joe Biden, have offered hopeful…
Since the early 1990s, public pension reforms in countries in the Organization for Economic Cooperation and Development have reduced future benefits by an average of 20 percent.But a new O.E.C.D. report says further reforms will be necessary for these national…
The administration recently issued the new Economic Report of the President that unfortunately avoids getting into the “tough choices” facing the nation on tax and spending policy.Another disappointment: While focusing on a “Foundations of Growth” theme, it leaves out an…
