Federal Fiscal Policy

Multi-colored, braided rope on a yellow background.

U.S. Economy

Budgeting to promote social objectives—a primer on braiding and blending

Stuart M. Butler, Timothy Higashi, and Marcela Cabello

Monday, April 6, 2020

Coronavirus (COVID-19) Economics

Explaining the new Fed-Treasury emergency fund

Peter Conti-Brown

Friday, April 3, 2020

An advisory sign urges motorists to stay home on Interstate 84 near the Providence Medical Center in Portland, Ore., on March 26, 2020. Oregon is enforcing a statewide executive order to stay home except for essential needs as more extreme social distancing measures aim to slow the spread of the novel coronavirus (COVID-19) and flatten the curve. (Photo by Alex Milan Tracy/Sipa USA)No Use UK. No Use Germany.

Up Front

Careful or careless? Perspectives on the CARES Act

Grace Enda, William G. Gale, and Claire Haldeman

Friday, March 27, 2020

U.S. Senate Minority Leader Chuck Schumer (D-NY) heads to a meeting in the office of U.S. Senate Majority Leader Mitch McConnell (R-KY) to wrap up work on coronavirus economic aid legislation, during the coronavirus disease (COVID-19) outbreak, in Washington, U.S., March 22, 2020. REUTERS/Mary F. Calvert

Podcast Episode

What’s in the Senate’s $2 trillion economic package?

Jay Shambaugh and Adrianna Pita

Wednesday, March 25, 2020

Reports

Double exposure of city and rows of coins for finance and banking concept

Report

Stress tests: A policymaker’s perspective

Donald Kohn

Wednesday, February 5, 2020

Report

Revisiting the budget outlook: An update after the Bipartisan Budget Act of 2019

Alan J. Auerbach and William G. Gale

Thursday, October 10, 2019

A cyclist passes the the U.S. Capitol, on the day the House is expected to vote here to repeal Obamacare in Washington, D.C., U.S., May 4, 2017. REUTERS/Kevin Lamarque - RC149622B020

Report

Revisiting the federal budget outlook

Alan J. Auerbach, William G. Gale, and Aaron Krupkin

Monday, September 9, 2019

Report

Fiscal policy with high debt and low interest rates

William G. Gale

Thursday, August 15, 2019

Report

The Fiscal Ship as a teaching tool

Vivien Lee, Finn Schuele, and Louise Sheiner

Friday, June 14, 2019

Blog Posts

Inscription COVID-19 on white background. World Health Organization WHO introduced new official name for Coronavirus disease named COVID-19

Up Front

Where is the US government getting all the money it’s spending in the coronavirus crisis?

Louise Sheiner and David Wessel

Wednesday, March 25, 2020

A man wearing a protective face mask in front of a restaurant in Paris (Avenue des Champs Elysee) as shops, schools remain closed and workers asked to work from home if possible, part of the latest French governmental measures against the coronavirus disease (COVID-19) outbreak, France, March 16, 2020.Photo by Eliot Blondet/ABACAPRESS.COM

Future Development

The triple economic shock of COVID-19 and priorities for an emergency G-20 leaders meeting

Adam Triggs and Homi Kharas

Tuesday, March 17, 2020

Red sign hanging at the glass door of a shop saying: "Going out of business".

Up Front

The economic policy response to COVID-19: What comes next?

Jay Shambaugh

Monday, March 16, 2020

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Events

2019

Dec

Past Event

The repo market disruption: What happened, why, and should something be done about it?

1:30 PM - 5:00 PM EST

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

10:00 AM - 12:00 PM EDT

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

10:30 AM - 12:00 PM EDT

Washington, DC

View All Events

Related Books

The $13 Trillion Question

Edited by David Wessel

2015

To the Edge

By Philip A. Wallach

2015

Transpacific Rebalancing

Edited by Barry P. Bosworth and Masahiro Kawai

2015

View All Books

Experts

Henry J. Aaron

The Bruce and Virginia MacLaury Chair

Senior Fellow - Economic Studies

Joshua Gotbaum

Guest Scholar - Economic Studies

@JoshGotbaum

Louise Sheiner

The Robert S. Kerr Senior Fellow - Economic Studies

Policy Director - The Hutchins Center on Fiscal and Monetary Policy

View All Experts

Multimedia

A "Now Hiring" sign hangs on the door to the Urban Outfitters store at Quincy Market in Boston, Massachusetts September 5, 2014. U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates. Nonfarm payrolls increased 142,000 last month after expanding by 212,000 in July, the Labor Department said on Friday. The jobless rate fell one-tenth of a percentage point to 6.1 percent, partly because people dropped out of the labor force. REUTERS/Brian Snyder (UNITED STATES - Tags: BUSINESS EMPLOYMENT)

Podcast Episode

The top economic issues in 2020

Stephanie Aaronson, Louise Sheiner, and Fred Dews

Friday, January 3, 2020

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

Policy 2020

Who are the rich and how might we tax them more?

David Wessel

Tuesday, October 15, 2019

The U.S. Capitol building is seen in a long exposure at sunrise on the day of the U.S. midterm election as voters go to the polls across the country to elect 33 U.S. senators and all 435 members of the U.S. House of Representatives in Washington, U.S., November 6, 2018. REUTERS/Jim Bourg - RC1E75D3B580

Podcast Episode

Preparing for the next recession

Jay Shambaugh, Heather Boushey, and Fred Dews

Friday, May 24, 2019

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