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Tag: Federal Budget (US)
Modern Monetary Theory Got a Pandemic Tryout. Inflation Is Now Testing It.
The problem is that the alternative to a Fed response is, at the moment, not obvious. The Biden administration’s attempts…
Inflation and Deficits Don’t Dim the Appeal of U.S. Bonds
Looking Ahead, and to the PastWhat would have to happen for these rock-bottom borrowing costs to rise significantly? There could…
Biden to Nominate Shalanda Young as Budget Director
WASHINGTON — President Biden said Wednesday he intends to nominate Shalanda Young, the acting director of the Office of Management…
SALT Deduction That Benefits the Rich Divides Democrats
WASHINGTON — A plan by House Democrats to reduce taxes for high earners in states like New Jersey, New York…
Pelosi Predicts Thursday Vote on Biden’s Ambitious Social Policy Bill
WASHINGTON — House Democrats, increasingly confident that they have the support to pass their $1.85 trillion social policy and climate…