How Can Fiscal Policy Help Reduce Inflation?
Responsible fiscal policy can play an important complementary role to monetary policy in helping to moderate inflation.
Read MoreWhat’s the Difference between CUTGO and PAYGO?
CUTGO is short for “cut-as-you-go.” An internal rule used by the House of Representatives, it does not apply to consideration of legislation in the Senate.
Read MoreInterest Rates Are Climbing Higher Than Expected, Leading to Pressure on the Federal Budget
Interest rates on Treasury securities are rising faster than most economists anticipated earlier in the year, with potentially serious consequences for the nation’s fiscal position.
Read MoreThese Eight Decisions by Lawmakers in the Last Two Years Will Add $2.3 Trillion to the National Debt
Just eight actions over the past two years will add an estimated $2.3 trillion to deficits between 2021 and 2031.
Read MoreThe Rising National Debt Drives Up Long-Term Interest Rates
Mounting federal debt can cause interest rates to rise significantly, according to a new report released by the American Enterprise Institute (AEI).
Read MoreThe Deficit Was Cut in Half in 2022 Thanks to the Expiration of Pandemic-Related Spending
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Read MoreDivided Government Presents an Opportunity for Democrats and Republicans to Work Together to Solve the Country’s Fiscal Challenges
With a divided government, lawmakers have an opportunity to find common ground on the nation’s pressing fiscal and economic challenges.
Read MoreTop Economists Don’t See Immediate Recession; Share Concerns on Inflation, Interest, and Debt
Two top American economists said that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
Read MoreHow Much Does the United States Spend on Prescription Drugs Compared to Other Countries?
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
Read MoreThe U.K. Economic Crisis Proves That Debt Matters, Even for the United States
The economic turbulence in the United Kingdom shows that fiscal responsibility is increasingly important amid high inflation and rising interest rates.
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