William G. Gale

Fiscal therapy: Curing America’s debt addiction and investing in the future

10:00 AM - 12:00 PM EDT

Dan Demeglio, race and sports book supervisor, cashes a 200-to-1 future bet for Doug O'Neill, trainer of Kentucky Derby winner "I'll Have Another", at the Primm Valley Casino in Primm, Nevada June 25, 2012. O'Neill won $20,000 for his $100 bet, which he made in February, that the horse would win the Kentucky Derby. REUTERS/Las Vegas Sun/Steve Marcus (UNITED STATES - Tags: SPORT HORSE RACING) - GM1E86Q09TL01

How big is the problem of tax evasion?

William G. Gale and Aaron Krupkin

Tuesday, April 9, 2019

Treasury Secretary Steven Mnuchin sits under a display of the U.S. national debt as he testifies to the House Financial Services Committee on "The Annual Report of the Financial Stability Oversight Council" on Capitol Hill in Washington, U.S., February 6, 2018. REUTERS/Joshua Roberts - RC131089F510

How to cure America’s debt addiction (and invest in the future)

William G. Gale and David Wessel

Friday, April 5, 2019

A woman crosses a nearly empty street at rush hour, near the U.S. Treasury Building during a snow storm in Washington March 5, 2015. A large winter storm reaching from Texas to southern New England, which prompted school closings and led to almost 2,300 flight cancellations, had dumped over a foot (30 cm) of snow on parts of the eastern United States by early Thursday morning. REUTERS/Joshua Roberts (UNITED STATES - Tags: ENVIRONMENT SOCIETY) - GM1EB351UKX01

The US budget imbalance needs fiscal therapy

William G. Gale

Thursday, April 4, 2019

U.S. flag flies over a statue of George Washington outside Federal Hall National Memorial, as the partial U.S. government shutdown continues in New York

Fiscal therapy: 12 framing facts and what they mean

William G. Gale

Wednesday, April 3, 2019

A member of Metro Bank's staff poses for a photograph in the vault of their new branch in Slough, southern England May 3, 2013. This is the only bank in the United Kingdom that has a drive-thru facility. Metro Bank, which launched in 2010 as Britain's first new high street lender for more than a century, saw customer numbers surge in 2012, benefiting from the unpopularity of the established banks. REUTERS/Eddie Keogh (BRITAIN - Tags: BUSINESS) - LM1E95310CJ01

How will retirement saving change by 2050? Prospects for the millennial generation

William G. Gale, Hilary Gelfond, and Jason Fichtner

Thursday, March 21, 2019

Women eat watermelons at the Coachella Valley Music and Arts Festival in Indio, California April 10, 2015. REUTERS/Lucy Nicholson - GF10000055583

Are the kids alright? Saving and wealth accumulation among the millennial generation

William G. Gale

Wednesday, March 20, 2019

A general view of the U.S. Internal Revenue Service (IRS) building in Washington May 27, 2015. Tax return information for about 100,000 U.S. taxpayers was illegally accessed by cyber criminals over the past four months, U.S. IRS Commissioner John Koskinen said on Tuesday, the latest in a series of data thefts that have alarmed American consumers. REUTERS/Jonathan Ernst - GF10000109446

Did the Tax Cuts and Jobs Act Pay for Itself in 2018?

William G. Gale and Aaron Krupkin

Friday, March 15, 2019

The U.S. flag flies on the Federal Reserve Bank of New York in the financial district in New York City, U.S., March 4, 2019. REUTERS/Brendan McDermid - RC147A03C280

The tax cuts will make fighting future recessions complicated

William G. Gale

Friday, March 8, 2019

House Majority Whip Rep. Steve Scalise (R-LA) looks on during a news conference announcing the passage of the "Tax Cuts and Jobs Act" at the U.S. Capitol in Washington, U.S., November 16, 2017. REUTERS/Aaron P. Bernstein - RC1B213C57E0

Testimony on the 2017 tax law: Impact on the budget and American families

William G. Gale

Thursday, February 28, 2019