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
• 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
• 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