Fiscal Policy

• Why Washington’s Huge Tax Bill is Worrying Bond Investors By Colby Smith and Joe Rennison, The New York Times, May 21, 2025
• U.S. Debt Is on Pace to Set a Record High, Going All the Way Back to 1790 By Alicia Pariapiano and Margot Sanger-Katz, The New York Times, May 21, 2025
• Briefing Book: A citizen’s guide to the fascinating (though often complex) elements of the US tax system By The Tax Policy Center
  
• Sources of Federal Revenue Tax Policy Center, July 8, 2024. [Time series stacked chart of % shares.]
  
• A Cross-Country Database of Fiscal Space Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara (2017). "A Cross-Country Database of Fiscal Space." Policy Research Working Paper 8157, World Bank, Washington, DC.
  
• State Fiscal Briefs Urban Institute
  
• Time For a Victory Lap* By Jeanna Smialek, The New York Times, January 6, 2022
  
• Spending without taxing: now we’re all guinea pigs in an endless money experiment By Satyajit Das, The Guardian, December 10, 2021
  
• Who’s Afraid of Big Numbers? By Aiyana Green and Steven Strogatz, The New York Times, June 17, 2021
  
• Economists Want to Put Stimulus on Autopilot. Congress Has Other Ideas.  By Neil Irwin, The New York Times, May 15, 2020
• Stabilization Policy
• Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times? By Ben Casselman and Colby Smith, The New York Times, June 2, 2025
• Rethinking Keynesian fiscal stimulus LSE, YouTube, April 2, 2025. [Economica Phillips Lecture by Valerie Ramey.] 
• Fix recessions by giving people money  The Weeds Podcast, January 31, 2020 [Matthew Yglesias interviews Claudia ("Sahm Rule") Sahm.]
• Recession Ready: Fiscal Policies to Stabilize the American Economy By Heather Boushey, Ryan Nunn, and Jay Shambaugh (editors), The Hamilton Project, May 16, 2019
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• Budget Deficit
• Justin Wolfers Answers: Should We Actually Be Worried About the National Debt Platypus Economics with Justin Wolfers, YouTube, May 6, 2026
• Running deficits larger than during the Great Depression is reckless By The Editorial Board, The Washington Post, January 11, 2026
• Biden’s Chief Economist: The Chart That Convinced Me Our Debt Is a Serious Problem By Jared Bernstein, The New York Times, July 9, 2025
• The Path to Record Deficits By Richard Rubin, Anthony DeBarros and Rosie Ettenheim, The Wall Street Journal, June 18, 2025
• Has the U.S. finally borrowed too much? Interview of Jason Furman, The Economics Show with Soumaya Keynes, The Financial Times, Spotify Podcast, May 20, 2024
  
• U.S. Budget Deficit Hit $3.1 Trillion Amid Virus Spending Surge By Alan Rappeport, The New York Times, Oct. 16, 2020
  
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• Government Debt
• Why the National Debt Matters More Than It Used To and Why We Should Not Count on AI To Fix the Problem By Bobby Kogan and Jared Bernstein, Center for American Progress, June 23, 2026
• Debt to the Penny U.S. Treasury
• When America’s budget will break, disastrously By The Editorial Board, The Washington Post, August 10, 2026
• The National Debt Is Already Causing Bigger Problems Than People Realize By The Editorial Board, The New York Times, June 27, 2025
• How the U.S. Government Borrows to Fund Its Massive Budget Shortfall By Sam Goldfarb and Danny Dougherty, The Wall Street Journal, June 11, 2025
• America’s Novel and Gratuitous Fiscal Crisis By Adam Tooze, The New York Times, June 3, 2025
• Stop rolling the dice on the American economy: Democrats should work with Trump and Republicans to end the debt limit. By Peter R. Orszag, The Washington Post, January 14, 2025
  
• Guess How Much This Debt Ceiling Nonsense Is Costing Us By Betsey Stevenson, The New York Times, June 5, 2023
  
• How Bond Investing Can Still (Sometimes) Fail | WSJ Wall Street Journal, YouTube, April 24, 2023
  
• See how the national debt grew to $31 trillion By Jeff Stein, The Washington Post, March 6, 2023
  
• How the U.S. Government Amassed $31 Trillion in Debt By Jim Tankersley, The New York Times, January 22, 2023
• U.S. National Debt Tops $30 Trillion as Borrowing Surged Amid Pandemic By Alan Rappeport, The New York Times, Feb. 1, 2022
  
• The National Debt: Last Week Tonight with John Oliver (HBO) LastWeekTonight YouTube Channel, April 5, 2021
  
• We Have Crossed the Line Debt Hawks Warned Us About for Decades By Matt Phillips, The New York Times, Aug. 21, 2020
  
• Videos
• Fiscal Policy and Crowding Out Marginal Revolution University, YouTube, October 10, 2017
  
• The Dangers of Fiscal Policy Marginal Revolution University, YouTube, October 3, 2017
  
• The Limits of Fiscal Policy Marginal Revolution University, YouTube, August 31, 2017
• Fiscal Policy: The Best Case Scenario Marginal Revolution University, YouTube, August 30, 2017
• Introduction to Fiscal Policy Marginal Revolution University, YouTube, August 29, 2017