US

Debt Ceiling

Because all federal spending and taxes must be approved by both houses of Congress and the executive branch, a separate debt ceiling that has to be increased periodically creates unneeded uncertainty and can potentially lead to worse fiscal outcomes.

 
Bloomberg

Blue States’ Fiscal Woes Test Obama

by Brian Barry The electoral map, the demographics behind President Barack Obama’s re-election and the high-end tax increases that were just wrung from the Republicans give Democrats reason to believe that long-term political trends are on their side in budget negotiations. This view, however, ignores what is happening at the state level. Read article> 
Miscellaneous

What Do Economists Think about Major Public Policy Issues?

See a discussion of the IGM economic experts panel, examining how much economists agree and disagree on major issues and comparing economists’ views with those of the general public. This video features original research by Gordon Dahl and Roger Gordon from the University of California at San Diego and Paola Sapienza (Kellogg) and Luigi Zingales […]