Republicans will face a critical test of their unity when a spending bill that would avoid a partial government shutdown and keep federal…
The House of Representatives narrowly passed a budget resolution last month that included a framework for trillions of dollars of tax cuts…
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…
Information provided to Congress about the economic and budgetary effects of proposed legislation could be expanded and improved if further…
This paper shows that China's lending boom to developing country sovereigns has largely ended and that debt distress and defaults are…
The global economy has witnessed great economic volatility in the first two decades of the 21st century. Yet over this period, and in…
This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress. It builds the…
The Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act authorized and appropriated…
This paper employs an updated algorithm and database for classifying exchange rate and anchor currency choice, to explore the evolution of…