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Good Friday is Good for Jobs Data

Apr 2, 2021
On this Good Friday, the March jobs report was indeed good. The Bureau of Labor Statistics reported that the U.S. economy added 916,000 jobs last month, vastly exceeding consensus expectations of 675,000, and almost double the gain of the previous…
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GAO Warns on U.S. Fiscal Health

Mar 25, 2021
For understandable reasons, the focus in Washington over the past year has been on the nation’s physical health, and its resulting consequences for the near-term economy, rather than on our longer-term fiscal health. A new report by the Government Accountability…
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Debate the Debt

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…
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Health Coverage for All: What Does that Mean and What are the Implications?

Jul 31, 2020
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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Blogs

Bipartisan Panel Pans Payroll Tax Cut

Jul 23, 2020
This week, I hosted an informal online conversation with think-tank scholars Brian Riedl of the right-leaning Manhattan Institute and Ben Ritz of the left-leaning Progressive Policy Institute. The goal: to bring together public policy experts with differing political philosophies in…
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Blogs

As Benefits Increase, Social Security Remains on Unsustainable Path

Oct 12, 2018
Social Security benefits for more than 67 million Americans will increase 2.8 percent next year, the federal government announced yesterday. The increase, which is tied to the government’s Consumer Price Index (CPI), is the highest in seven years. While older Americans…
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