Yellen Again Rejects Trillion Dollar Coin
A silly workaround to an infuriating problem that won’t go away.
The 1% are Paying Slightly Less Tax Than They Owe!
An interesting but rather misleading report from a Biden Treasury official.
Competitive Pressures and Party Behavior
Assessing Republican strategic positioning (and the incentives in our system).
Raise The Debt Ceiling? Let’s Eliminate It Instead
The Trump Administration is warning Congress that we will need to raise the debt ceiling by September. Congress should take this as an opportunity to eliminate it entirely.
Sooner Or Later, We Will Have A Recession
The current economic recovery is nearly ten years old. It isn’t going to last forever, though, and that could pose a problem for the GOP in 2020.
Economic Growth Beats Expectations, But It’s Hardly Impressive
The first estimate of economic growth in the first three months of 2018 beat expectations slightly, but it doesn’t bode well for the immediate future.
The Case For Bringing Back Earmarks
It’s been seven years since Congress eliminated earmarking, and what we’ve seen has provided good evidence for the argument that it should never have been eliminated.
Eliminating The Debt Ceiling: An Idea Whose Time Has Come?
Perhaps it’s time to consider getting rid of the debt ceiling entirely.
Federal Reserve Raises Interest Rates For Third Time In Fifteen Months
For only the third time since the Great Recession ended, the Federal Reserve Board has raised interest rates.
As Expected, Federal Reserve Raises Interest Rates For Second Time In Ten Years
The Federal Reserve Board raised interest rates for only the second time in a decade, but it still seems like it’s chasing an inflation monster that doesn’t exist.
September Jobs Report Reveals A Resilient, But Not Strong, Economy
The September Jobs Report continues to show an economy that is growing to some degree, but hardly growing as fast as it should be.
Federal Reserve Board Declines To Raise Interest Rates Again
An unsurprising decision from the Federal Reserve.
The End, At Least For Now, Of The Bush Dynasty
For now at least, the Bush Dynasty has seen the end of its involvement in national politics.
Final Spending Bill Sails Through Congress, Giving Speaker Ryan Another Legislative Win
The final spending bill for the 2016 Fiscal Year sailed through Congress today, marking the end of a very successful first two months in office for Speaker Paul Ryan
Senate Passes Two-Year Budget Deal
As expected, the Senate easily passed the two-year budget deal early this morning.
Paul Ryan Now Has A Clear Path To Become Speaker Of The House
With the top conservative caucus in Congress acquiescing to his candidacy, Paul Ryan is largely certain to become the next Speaker of the House.
Who’s Going To Pay For The President’s War Against ISIS?
As we head into a new conflict, perhaps we ought to give more thought to fiscal issues than the President is to overall strategy.
