May 24, 2023
The debt limit debate has cuts to Medicaid, SNAP and TANF on the table. The scope for savings in government spending is bound by their share of the budget.
May 11, 2023
The consequences of a failure to raise the debt ceiling are serious but difficult to quantify. Why does the U.S. have a debt ceiling, and what does it mean to raise it?
January 22, 2023
As the U.S. Congress fails to raise the debt ceiling in a timely manner, what lessons might policy-makers draw from the British budget crisis of September 2022?
November 20, 2022
Bill Gale discusses recognizing and analyzing racial disparities fostered by public policy and how public finance policies can better address past injustices.
October 30, 2022
As of October 2022, the U.S. national debt stood at over $31 trillion. That amounts to nearly $90,000 of debt per citizen. But is there an upside to a government spending more than its tax revenues?
March 29, 2022
The fiscal condition of state and local governments proved far less dire than forecast at the pandemic’s outset. How did predictions end up being so off target?
April 22, 2021
Public policy must address the fairness, efficiency, compliance, and revenue concerns raised by the taxation of of pass-through businesses.
November 9, 2020
Michael Klein is joined by Bill Gale at the Brookings Institution, to discuss the government’s large budget deficit, tax policy, and issues of redistribution.
July 16, 2020
Michael Klein interviews Maurice Obstfeld, Professor at UC Berkeley, and the former Chief Economist at the IMF, on fiscal policy and the state of the economy.