IMF: U.S. Continues to Stand Out with Growing Debt
The United States ranks number one among advanced economies in expected increase of debt as a percentage of Gross Domestic...
International
IMF: US is the Only Advanced Economy With Debt Rising
The International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...
Greece is Rather Unique
The Greek saga took another turn last week as the second bailout from the Eurozone countries approved in 2012 expired on June 30, leading to Greece...
CFR: U.S. Falling Behind Other Advanced Countries on Debt
The Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries (...
The IMF Looks at Budget Institutions in G-20 Countries
The International Monetary Fund recently published a study on budget institutions in G-20 countries. The study takes stock of these...
Baucus Releases International Tax Reform Draft
This week, Senate Finance Committee Chairman Max Baucus (D-MT) is moving ahead with tax reform, starting with the release of discussion drafts...
What Works and What Doesn't for Deficit Reduction
The IMF's most recent World Economic Outlook has a very helpful chapter looking at six case studies on countries who have dealt with a high debt...
Lessons from Canada
The United States is not the only country in the world who has, or is, facing fiscal problems. Our neighbor to the north faced some severe fiscal...
Warning Shots for Lawmakers on the Debt
Today, the credit rating agency Moody’s made it clear that it is unlikely that the U.S. will be able to maintain its Aaa rating unless a...
The Concord Coalition Provides Fiscal Lessons From Europe
The Concord Coalition has just unveiled a new paper, authored by Edmund Andrews, Joe Minarik, and Diane Lim Rodgers, called "Not Just Their...