Trying to reduce federal budget deficits by increasing the efficiency of federal operations is an appealing idea. However, greater…
In the United States, massive fiscal expansion during the pandemic protected households and helped to return output and unemployment nearly…
The outlook for federal debt represents a significant economic challenge for the United States. Economic developments and policy changes…
The Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act authorized and appropriated…
Countercyclical fiscal policy generally focuses on national economic downturns. But US states experience significantly different patterns…