The possibility of a government shutdown, defaulting on the debt: Ponnuru on...
AEI Visiting Fellow Ramesh Ponnuru discusses the economic impact of a default on the debt ceiling.
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The Fed and fiscal policy during the Obama years - deficit - AEI
The federal government has run massive deficits since President Obama became president in 2009, but the deficits, and the government’s interest payments on the cumulative federal debt, would have been...
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Red ink reminder: Even before Trump’s fiscal stimulus, the budget deficit is...
The Wall Street Journal notes some possible GOP pushback against Donald Trump’s deficit-financed spending plans: Republican lawmakers may stomach larger deficits from a Republican president, but...
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Mr. Trump’s cognitive dissonance about the trade deficit - deficit - AEI
One of Donald Trump’s more important economic policy objectives is to reduce the size of the country’s trade deficit. Yet the macro-economic policies that he is proposing for the country would seem to...
View ArticleLinks and quotes for Dec. 9, 2016: Making bots funny, Hong Kong’s...
Why Trade Deficits Matter – Jared Bernstein The goal of trade policy should thus be to push back on U.S. trade deficits without distorting current trade flows. Large tariffs like the ones Trump has...
View ArticleDiscussing U.S. protectionism and how East Asia should respond: Scissors on...
https://www.aei.org/wp-content/uploads/2017/03/03-06-17-Scissors_Bloomberg-Radio.mp3
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CBO’s Forecast Shows Long-Term Deficit Reduction Should Be the Top Budget...
Abstract: Achieving the Trump administration’s goal of eliminating annual federal budget deficits within 10 years will be difficult unless the administration adjusts some key commitments that President...
View ArticleTrade deficits and the Trump administration - deficit - AEI
Event Materials Event PowerPoints Event Transcript Event Summary On Friday, a group of experts met at AEI to discuss Donald Trump’s international trade policy challenges. Harvard Kennedy School’s...
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Debt and deficits should not be partisan issues - deficit - AEI
If you’re a normal person who pays attention to politics, you’d be forgiven for thinking that Washington can’t decide whether deficits are bad or not. Well, I have one easy trick that will help you...
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The tax cut may boost the trade deficit $200 billion - deficit - AEI
I want to give an order to the Commander-in-Chief. Not the best idea but here goes: Mr. President, if you sign the tax bill, you have to stop talking about the trade deficit costing America hundreds of...
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The GOP needs a down payment on deficit reduction - deficit - AEI
The recently enacted tax bill is an important component of the Republican effort to boost economic growth and wages. The Joint Committee on Taxation has confirmed that the legislation will increase GDP...
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India shows its fiscal colors: red - deficit - AEI
India was abuzz late last week over the fiscal year 2018–19 national budget. Among other things, it purports to more intensively subsidize hundreds of millions of farmers and start to provide free...
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Funding paid family leave through Social Security is a dangerous idea -...
Originally posted at National Review Online’s The Corner. Funding paid parental leave by allowing new parents to collect early Social Security benefits in exchange for delaying the collection of their...
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A less cynical view on why the GOP now seems fine with big deficits - deficit...
Since late December, Republicans in Washington have signed onto tax cuts and spending increases that could, over a decade, add several trillion dollars to the national debt and some 20 percentage...
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Some of the problems with Trump’s ‘phase two’ tax cuts - deficit - AEI
I’m skeptical that there’s actually much to President Trump’s talk about “phase two” tax cuts. Making all the temporary tax cuts permanent would add some $500 billion to the national debt over the next...
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When it comes to American families, the spending bill got two things right -...
When it comes to the health and well-being of children and families, the omnibus spending bill signed by President Trump on Friday gets at least two things right. The bill enhances spending on opioid...
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Trump and the GOP can’t reduce the deficit on their own - deficit - AEI
Last month, the Congressional Budget Office (CBO) issued its annual assessment of the president’s budget, and no one seemed to notice. That’s probably because neither political party is terribly...
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Long-Term deficits will weaken the economy and invite a crisis - deficit - AEI
The Congressional Budget Office (CBO) released its annual long-term budget forecast this week, looking at federal spending and revenue trends over the coming three decades. The agency’s projections are...
View ArticleEp. 116: Our impending entitlement crisis, and what to do about it —...
“The entitlement crisis is real, and it is worse than you think.” So argue James Capretta and Yuval Levin in a recent cover story in The Weekly Standard. As they write, the CBO projects that under...
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