FISCAL BLOG

Proponents argue that a well-designed benefit reduction policy would improve the equitability by better balancing the payouts between low- and high-income earners.

With a divided government, an opportunity exists for lawmakers to seek and find common ground on the nation’s pressing fiscal and economic challenges.

Two of America’s top economists said Monday that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.

The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.

The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.

There are many critical differences between our two nations, but are there lessons to be learned by US policymakers from the UK predicament?

The number one financial worry for Americans is having enough money for retirement — and for good reason.

Healthcare is uniquely inefficient in the United States, as we have the most expensive system in the world, but we do not get the best outcomes.

Many policymakers have called for the full retirement age to be gradually raised and ultimately pegged to average life expectancy.

The pandemic caused a severe economic slowdown that reduced tax revenues and generated a set of large legislative responses.