FISCAL BLOG

Understanding the United States’ changing labor force can be a key part of understanding larger trends in the overall economy. Here are key characteristics of the foreign-born population and how they compare to the native-born population.

While the Tax Cuts and Jobs Act of 2017 will likely boost economic growth in the near term, the effects of the legislation are temporary.

Economists generally agree that public investment in infrastructure has a positive effect on productivity, and therefore on gross domestic product.

The concentration of income toward high earners has become more pronounced over the last 36 years.

CBO reports that the fiscal outlook is dramatically worse than it was last year, primarily due to the fiscally irresponsible tax legislation and budget deal that were enacted within the past few months.

On March 15, 2018 the federal government passed an unfortunate milestone: $21 trillion dollars in gross federal debt.

There are three widely used measures of federal debt. What are the important differences between these measurements?

The Tax Cuts and Jobs Act will lower revenues significantly and made changes to both tax rates and bracket widths.

There are separate limits on the amount of funding that can be provided for defense and nondefense purposes through the appropriation process.

Proposed work requirements would be a major change in the way that Medicaid works, and would have important implications for the program, its beneficiaries, and the federal budget.