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The One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, marks a pivotal moment in U.S. fiscal policy. By making key tax cuts from the 2017 Tax Cuts and Jobs Act ...
The Impact of a Fiscal Stimulus on the Economy Dr. Tyler Goodspeed testified at a House Oversight and Reform Subcommittee on Economic and Consumer Policy hearing on the role of the American Rescue ...
The second half of 2025 could start off with a bang for fiscal policy as Congress faces a July 4 deadline to pass the "One Big Beautiful Bill" tax and spending bill. President Donald Trump pushed ...
Chapter 1: Fiscal Policy under Uncertainty Escalating uncertainty and policy shifts are reshaping the fiscal outlook. Global public debt projections have been revised upwards, while tariffs, market ...
Trump's position on protecting Social Security and health programs underscores the complexities of fiscal policy negotiations. As lawmakers navigate these discussions, they must consider the ...
Policy wonks are worried about the national government’s fiscal integrity. I am, too, but I’m more worried about the independence of the Federal Reserve.
A top Federal Reserve official said the steep cost of President Trump’s major policy bill caught the bond market off-guard, leading to a spike in U.S. interest rates. In a Thursday interview,… ...
But this debate is not about monetary policy. It's a power play aimed at subordinating America's central bank to the fiscal needs of the executive branch and Congress.
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy ...
The Lesotho Economic Update (LEU): Transforming Fiscal Policy into an Engine of Inclusive Growth, released April 7, 2025 by the World Bank, includes a review of recent economic developments, an ...
But this debate is not about monetary policy. It’s a power play aimed at subordinating America’s central bank to the fiscal needs of the executive branch and Congress.