Newsletter

  • The Great Debt Debate: How Dangerous Is It?

    MIT economist Olivier Blanchard caused a stir in fiscal circles last month with an academic paper suggesting that current levels of public debt may be less worrisome than many experts think (see our...

  • U.S. President Trump addresses sheriffs and police chiefs conference in Washington

    Trump to Sign Border Deal — and Declare a National Emergency, Too

    Roses are red, Violets are blue, President Trump will sign the spending deal and declare a national emergency too. OK, it’s not the most romantic of gestures, but you could call it a Valentine’s Day...

  • Trump’s Exploding Deficit

    Federal tax revenues fell by 0.4 percent to $3.33 trillion in 2018, the first year under the new tax law, The Treasury Department said Wednesday. The drop in revenues, combined with a 4.4 percent...

  • Senator Bernie Sanders (I-VT) speaks during an event to introduce the "Medicare for All Act of 2017\

    Voter Support for 'Medicare for All' Plunges: Poll

    With Democratic proposals to provide “Medicare for all” increasingly in the headlines — and increasingly the subject of debate over whether the program would or should involve eliminating private...

  • Eighty-four percent of Americans receiving refunds intend to pay down debt, save or invest.

    Why Smaller Tax Refunds Could Ding the Economy

    Although tax season has only just begun, early data from the IRS shows that the average individual tax refund is 8.4 percent smaller so far this year. Some critics have been quick to blame the...