Jared Bernstein

Lowered deficit forecasts also lowers drive for budget deal

Lowered deficit forecasts also lowers drive for budget deal

The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the government deficit over the next decade has alleviated some of the pressure on lawmakers to act. And a […]