You have JavaScript turned off! Javascript is required for the best experience on this site.

All News

News Coverage Sep 2, 2020

The Wall Street Journal: U.S. Debt Is Set to Exceed Size of the Economy Next Year, a First Since World War II

“‘It was a massive rise in borrowing and quite shocking, but incredibly effective,’ said former CBO chief economist Wendy Edelberg, who in June became director of the Hamilton Project, a think tank affiliated with the Brookings Institution. ‘On the flip side, this is exactly why we, as a country, want to have room to increase borrowing during times of emergency.’”