by jpitney | Aug 2, 2021 | Debt, Economic Policy
From the Congressional Budget Office: CBO projects a federal budget deficit of $3.0 trillion in 2021 as the economic disruption caused by the 2020–2021 coronavirus pandemic and the legislation enacted in response continue to boost the deficit (which was large by...
by jpitney | Jun 22, 2021 | Bipartisanship, Budget, Debt
Many posts have discussed the deficit and the debt. Policymakers and the general public have tended to ignore these problems in recent years, In 1994, President Clinton named Bob Kerrey and John Danforth to lead a bipartisan commission on entitlements and tax...
by jpitney | Jun 5, 2021 | Congress, Debt, House of Representatives
Still, the disconnect between what Boehner himself had termed fiscal “Armageddon” and the bullheadedness of the tea partiers unnerved members like Jo Ann Emerson. She sidled up to one of the freshman one day and said, “I need you to explain why you don’t...
by jpitney | Mar 14, 2021 | Debt, Economic Policy
From the Committee for a Responsible Federal Budget: Now that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a new record as a share of the economy. In February,...
by jpitney | Mar 11, 2021 | Debt, Economic Policy
No Labels at RealClearPolicy:
by jpitney | Mar 2, 2021 | Congress, Debt, Economic Policy
Jonathan Bydlak at LegBranch.org: [As] we come out of the economic and public health hellscape of the last year, the potential for a new crisis is beginning to rear its ugly head. The haunting fiscal picture that the coronavirus has left in its wake was summarized in...
