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Fiscal policy

An anti-government protester hits by a tear gas canister during a protest march in Hong Kong, China, on Oct. 20, 2019.

Global protests gaining attention in financial markets

Forced fiscal loosening in a world already swamped with debt and heading into another downturn may unnerve creditors and bond holders, especially those holding government debt as an insurance against recession and a haven from volatility.

The World

Commission considers how to reduce burgeoning national debt

Business, Economics and Jobs

Latest figures say U.S. deficit declining, economy improving

Global Politics

Spanish turning to carrots to protest higher taxes on cultural events

Business, Economics and Jobs

Some Republicans open to idea of tax increases in deficit reduction deal

Global Politics

How debt deal impacts U.S. economic recovery

Business, Economics and Jobs

The current bipartisan plan to raise the debt ceiling would cut at least $2.4 trillion dollars in government spending.

Europe reacts to US debt deal

Business, Economics and Jobs

In Europe, some see the eleventh-hour package of spending cuts and tax hikes making up the US debt deal as too little, too late.

The National Debt

Business, Economics and Jobs

The U.S. national debt is now well above 9 trillion dollars — Andrew Yarrow thinks this is not just bad economic policy, but also a moral issue.

From the National to the Local: Federal Investment in Urban Policy

In the 1980s, the national recession and high unemployment led to increased violence and crime in cities throughout the United States. The Great Recession of 2007-2008 left many Americans in much worse shape and yet, sociologist  Patrick Sharkey  notes, “the downturn never made its way out of their homes and onto the streets.” Sharkey argues that the […]

We’ve Run Up the National Debt Before – But It’s Different This Time

The United States was born into debt. The long, expensive Revolutionary War devastated the infant nation’s finances, and forced the United States to grapple with a primary public policy issue: How should debt and taxes be handled in the brave, new world of America? Today, as the United States teeters on the edge of the […]