News and Commentary
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CNN: If US defaults on its debt, Treasury would have to decide how to pay the bills
“It shouldn’t be up to Treasury which bills to pay when, said Wendy Edelberg, a senior fellow at the Brookings Institution. ‘They don’t have that authority, an…
Financial Times: US debt ceiling debacle adds to economists’ fears of turmoil
“Wendy Edelberg and Louise Sheiner, the authors, said the extent of the damage depended in large part on how the government chose to prioritise its payments — …
The Hill: What would a debt ceiling failure mean for Americans?
“In a recent report, Wendy Edelberg and Louise Sheiner — both senior fellows at the Brookings Institution — said Social Security beneficiaries, agencies and co…
Wall Street Journal: Crosscurrents hide a rapidly cooling labor market
“Second, the U.S. population is 1.4 million people smaller and the labor force 900,000 smaller than would have been expected in 2019 because of deaths from Cov…
International Banker: Is the US economy headed for a soft landing?
“’In our view, the persistence of both high inflation, strong consumer demand, and very high job openings suggest that the Fed needs to slow the economy enough…
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…
The Hill: How to fight poverty and boost work with an enhanced Child Tax Credit
“Our design maintains the overall anti-poverty effects of the 2021 expansion while encouraging the labor force participation of low-income parents. And it cost…
Fast Company: What the Family and Medical Leave Act has meant for U.S. women
“In partnership with the Hamilton Project at the Brookings Institution, Patel and her colleague Tanya Byker, who teaches economics at Middlebury College, have …
