Search results
Results from the WOW.Com Content Network
Political debates about the United States federal budget discusses some of the more significant U.S. budgetary debates of the 21st century. These include the causes of debt increases, the impact of tax cuts, specific events such as the United States fiscal cliff, the effectiveness of stimulus, and the impact of the Great Recession, among others.
The National Commission on Fiscal Responsibility and Reform (often called Simpson–Bowles or Bowles–Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) was a bipartisan Presidential Commission on deficit reduction, [1] created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal ...
Tuesday's debate could be a moment where, one way or another, the two candidates shed light on the economic issues that voters often list as their top concern. Trump vs. Harris: The economic ...
The United States debt ceiling is a legislative limit that determines how much debt the Treasury Department may incur. [23] It was introduced in 1917, when Congress voted to give Treasury the right to issue bonds for financing America participating in World War I, [24] rather than issuing them for individual projects, as had been the case in the past.
Political debates between opposing candidates ramped up this past week, and if you were hoping for substantive policy contrasts, you must not have watched a debate in the past few decades.
Now intellectual honesty requires the observation that even radical cuts to the federal payroll won’t have much impact on the $840 billion budget deficit or the $36 trillion federal debt. The ...
Several key economic variables (e.g., Job level, real GDP per capita, household net worth, and the federal budget deficit) hit their low point (trough) in 2009 or 2010, after which they began to turn upward, recovering to pre-recession (2007) levels between late 2012 and May 2014, which marked the recovery of all jobs lost during the recession.
The political conversations in 2016 were considerably milder than was common in decades prior, according to academics who say Fed transcripts from the 1970s through the 1990s demonstrate that ...