Federal Fiscal Policy

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

Wednesday, Apr 10, 2019 10:00 AM - 12:00 PM EDT

Brookings Institution

Washington, DC

Map

Skyscrapers Shanghai Tower (L), Jin Mao Tower (Top) and Shanghai World Financial Center are seen during a hazy day at the financial district of Pudong in Shanghai, China March 20, 2017. REUTERS/Aly Song - RC1CFB242650

Brookings Papers on Economic Activity

Fiscal space and the aftermath of financial crises: How it matters and why

Christina D. Romer and David H. Romer

Thursday, March 7, 2019

A woman points to an electronic board showing stock prices as she poses in front of the board after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in Tokyo, Japan, January 4, 2019. REUTERS/Kim Kyung-Hoon - RC14906C3900

Brookings Papers on Economic Activity

On falling neutral real rates, fiscal policy, and the risk of secular stagnation

Lukasz Rachel and Lawrence H. Summers

Thursday, March 7, 2019

People walk by the U.S. Capitol building in Washington, U.S., February 8, 2018. REUTERS/ Leah Millis - RC13737E70C0

FixGov

How does a divided government impact the congressional budget process?

Molly E. Reynolds

Thursday, February 28, 2019

Reports

A general view of the U.S. Capitol building in Washington February 28, 2013. Positions hardened on Wednesday between U.S. President Barack Obama and Republican congressional leaders over the budget crisis even as they arranged to hold last-ditch talks to prevent harsh automatic spending cuts beginning this week. Looking resigned to the $85 billion in "sequestration" cuts starting on Friday, government agencies began reducing costs and spelling out to employees how furloughs will work. REUTERS/Jason Reed (UNITED STATES - Tags: POLITICS BUSINESS) - GM1E92S1U0N01

U.S. Economy

If Not Now, When? New Estimates of the Federal Budget Outlook

Alan Auerbach, William G. Gale, and Aaron Krupkin

Monday, February 11, 2019

A man walks away from the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder - RC1FD03EA500

Report

Optimizing the maturity structure of U.S. Treasury debt: A model-based framework

Terry Belton, Kristopher Dawsey, David Greenlaw, Huachen Li, Srini Ramaswamy, and Brian Sack

Wednesday, October 10, 2018

The Danish central bank, also known as Danish Nationalbank, is seen in Copenhagen, January 22, 2015. The Danish central bank cut its key policy rate on Thursday for the second time this week to defend the crown's peg to the euro after the European Central Bank unveiled a stimulus package that weakened the single currency. REUTERS/Fabian Bimmer (DENMARK - Tags: BUSINESS) - GM1EB1N02TA01

Regulatory Policy

From the Great Moderation to the Great Recession and beyond: How did we get here and what lessons have we learned?

Donald Kohn

Friday, September 7, 2018

Michelle Arthur is seen working on the sealer line in the paint department during a tour of the Honda automobile plant in Marysville, Ohio October 11, 2012. REUTERS/Paul Vernon/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH BUSINESS WEEK AHEAD SEPTEMBER 26 FOR ALL IMAGES - S1BEUDKRMNAA

Report

GDP as a measure of economic well-being

Karen Dynan and Louise Sheiner

Friday, August 24, 2018

Workers box jars of pasta sauce at a plant run by Chelten House Products in Bridgeport, New Jersey July 27, 2015. The company produces private-label sauces, salsas and salad dressings for grocers such as Kroger, Whole Foods and Trader Joe's. As the Federal Reserve puzzles over what is holding back U.S. wages and productivity six years into the economic recovery, a pasta sauce company in New Jersey may offer some answers. Picture taken July 27, 2015. To match Insight USA-ECONOMY/LABOR REUTERS/Jonathan Spicer - GF20000007221

Report

The measurement of output, prices, and productivity

Brent Moulton

Wednesday, July 25, 2018

Blog Posts

Marijuana is seen for sale at Harborside, one of California's largest and oldest dispensaries of medical marijuana, on the first day of legalized recreational marijuana sales in Oakland, California, U.S., January 1, 2018. REUTERS/Elijah Nouvelage - RC14812827E0

Up Front

An easy fix could give the marijuana industry access to banking

Aaron Klein

Thursday, January 31, 2019

Up Front

The Hutchins Center Explains: How worried should you be about the federal debt?

David Wessel

Friday, January 4, 2019

FixGov

Congress in 2019: What’s ahead for tax and fiscal policy?

William G. Gale and Mark Mazur

Tuesday, January 1, 2019

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Events

2017

Jun

Past Event

The lamppost theory: Why economic policy so often comes up short

10:30 AM - 12:00 PM EDT

The fiscal-monetary mix in an era of low interest rates

10:00 AM - 12:15 PM EDT

The impact of fiscal policy on monetary policy: A conversation with Fed Governor Lael Brainard

10:00 AM - 11:15 AM EST

Washington, DC

View All Events

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The $13 Trillion Question

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Multimedia

Editions of the Brookings Papers on Economic Activity are pictured

Brookings Now

Bernanke on the causes of the financial crisis, questioning how we measure potential economic output, and more new research in economics

Fred Dews

Thursday, September 13, 2018

John C. Williams speaks at an event at the Brookings Institution.

Brookings Now

As John C. Williams joins the New York Fed, a look at his contributions to Brookings

Alison Burke

Tuesday, April 3, 2018

Retired engineer and his wife look over documents concerning their investments at their home in Orlando.

The Federal Budget

America’s aging population could worsen the federal budget problem

Louise Sheiner and Fred Dews

Friday, March 30, 2018

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Federal Fiscal Policy

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

Brookings Institution

Washington, DC

Fiscal space and the aftermath of financial crises: How it matters and why

On falling neutral real rates, fiscal policy, and the risk of secular stagnation

How does a divided government impact the congressional budget process?

Reports

If Not Now, When? New Estimates of the Federal Budget Outlook

Optimizing the maturity structure of U.S. Treasury debt: A model-based framework

From the Great Moderation to the Great Recession and beyond: How did we get here and what lessons have we learned?

GDP as a measure of economic well-being

The measurement of output, prices, and productivity

Blog Posts

An easy fix could give the marijuana industry access to banking

The Hutchins Center Explains: How worried should you be about the federal debt?

Congress in 2019: What’s ahead for tax and fiscal policy?

Events

The lamppost theory: Why economic policy so often comes up short

The fiscal-monetary mix in an era of low interest rates

The impact of fiscal policy on monetary policy: A conversation with Fed Governor Lael Brainard

Related Books

The $13 Trillion Question

To the Edge

Transpacific Rebalancing

Multimedia

Bernanke on the causes of the financial crisis, questioning how we measure potential economic output, and more new research in economics

As John C. Williams joins the New York Fed, a look at his contributions to Brookings

America’s aging population could worsen the federal budget problem

More on Federal Fiscal Policy

Hutchins Center Fiscal Impact Measure

Don’t ignore the national debt. It will only get worse if we don’t act now

Shutdowns hurt the people the government is meant to protect. Here’s how to end them

(Not so) Happy birthday to the Tax Cuts and Jobs Act

The Hutchins Center Explains: Federal budget basics

Trump and Xi at the G-20: Why bilateralism won’t work