…of England’s purchase program remains firm at around 13% of GDP. The asset purchase programs are emergence liquidity programs and are not normal monetary policy tools. But while the Fed…

…any spending program can be transformed into a tax expenditure that directs money in the same way. This week the Supreme Court rejected that equivalence, ruling that an Arizona tax…

…whose numbers even the White House uses, predicts that the Social Security program can pay all promised benefits for the next 38 years — with no changes at all. The…

…is his claim to have discovered a savings in the student loan program. In fact, this example is exactly the opposite of what Ryan (and the story) proclaim. [skipped part…

…Board and the Treasury Department in the administration of the program. The Secretary of the Treasury is designated as the Managing Trustee. Resources made available to the trust fund included…

…the Build America Bonds program. BABs now account for more than 20 percent of new debt sold by states and local governments thanks to a federal rebate equal to 35…

…Marine Corps’ Expeditionary Fighting Vehicle program. Halve the number of F-35 Joint Strike Fighters in favor of F-16s and F/A-18Es. Cancel the Marine Corps F-35 program. Cancel the Navy’s Future…

…program to be out of balance in the long-term, therefore we would be best advised to make changes as soon as possible. This paper argues that supporters of the existing…

…reduce bank reserves by the amount of the bond purchase program. The chart above illustrates the size of the bond purchase programs (assets sitting on the central bank balance sheet)…

…levels of long-term unemployment, President Obama plans to announce a new national public-private partnership on Monday to help retrain workers for jobs that are in demand. The national program is…