News and Commentary

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News November 2, 2024

ProPublica: Trump says he’ll fight for working-class Americans. His first presidency suggests he won’t.

“'Trump proposed significantly deeper cuts to programs for low- and modest-income people than any other president ever has, including Reagan, by far,' said Rob…
News October 28, 2024

The New York Times: Trump’s vast tariffs would rock global businesses and shake alliances

“The costs for businesses could also be significant. Wendy Edelberg, a senior fellow at the Brookings Institution, said tariffs would force companies to raise …
News October 24, 2024

The New York Times: Trump flirts with the ultimate tax cut: No income taxes at all

“A challenge for raising revenue from tariffs is that placing a tax on imports tends to cut the amount of trade—and therefore reduce the amount of revenue coll…
News September 29, 2024

Yahoo Finance: What 3 economists say is in store in a second Trump economy

“On the stump, the former president has called for a 60% tariff on Chinese imports along with a blanket 10% to 20% on all remaining goods imported from other c…
News August 29, 2024

CNBC Squawk Box: Harris’ tax plan would be far more committed to a responsible fiscal trajectory, says Wendy Edelberg

“As it relates to the deficit, I think a Harris administration would be far more committed to a responsible fiscal trajectory and far more committed to making …
News August 15, 2023

Associated Press: ‘Bidenomics’ delivered a once-in-generation investment. It shows the pros and cons of policymaking

“’We spent decades underinvesting,’ said Wendy Edelberg, a former chief economist at the nonpartisan Congressional Budget Office and now a senior fellow in eco…
News June 29, 2023

Axios: America may need to start caring about the deficit again

“‘The pandemic created enormous economic losses, and we used borrowing not so much to make the losses vanish into thin air but to spread them out over time,’ W…
Commentary March 21, 2023

Project Syndicate: The Fed must not flinch

“The failures of Silicon Valley Bank and Signature Bank are significant market events. But, given an overheated labor market and 1970s-like inflation, if the F…
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