Does Biden’s $1.9 trillion pandemic relief package do enough to get Americans through the pandemic? Public finance fellow Jorge Barro answers critical questions about the stimulus measure. Continue Reading
The authors discuss the proposal to repeal the cap on the state and local tax deduction and why that would be a mistake, especially given the pandemic and the policy responses that should be enacted. Continue Reading
In this post, the authors discuss the main provisions of three emergency funding bills passed by Congress and then discuss general rules for evaluating current and future policies designed to mitigate long-term damage to the economy from the coronavirus pandemic. Continue Reading
With debt expected to continue soaring over the next 30 years, many are beginning to wonder how large debt can grow before it reaches a breaking point. [One possible] outcome is an intolerable surge in debt servicing costs. Continue Reading