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Deficits and Debt in the Lens of History

“Sustained deficit reduction is possible only when different political factions can compromise and stick to an agreed course of action,” writes Barry Eichengreen.

Welcome to the New Era of U.S. Debt, Where the Bond Market is King

“For now, investors would rather own U.S. bonds than many other nations’ debts . . . That might not always be the case,” writes Heather Long.

What Are Estate and Gift Taxes and How Do They Work?

Estate and gift taxes produce relatively lower revenue compared to other sources, but they generate a significant amount of attention, and even controversy.

What Is Site Neutrality and Could It Help Reduce Healthcare Costs?

While the quality of care is often the same in non-hospital versus hospital settings, the prices charged for treatment in hospitals is higher.

Careers

We seek employees who are creative and motivated, and who share our commitment to addressing our nation’s most pressing challenges.

What Types of Securities Does the Treasury Issue?

Learn about the different types of Treasury securities issued to the public as well as trends in interest rates and maturity terms.

What Are Caps on Discretionary Spending and Do They Work?

Let’s look at the trends in discretionary spending and how effective caps are in reducing the debt.

What Is the SALT Cap?

The deduction of state and local tax payments from federal income taxes has been a subject of debate among economists and policymakers over the past few years — with significant implications for our budget and fiscal outlook.

Fiscal Internship

The Fiscal Internship program provides students with first-hand research experience at public policy institutions in Washington, D.C.

How Does the U.S. Healthcare System Compare to Other Countries?

Despite higher healthcare spending, America’s health outcomes are not any better than those in other developed countries.