Jessica Riedl is a fellow at the Brookings Institution. Follow her on X @JessicaBRiedl.
Even an AI-Sparked Economic Miracle Will Not Save the Federal Budget
Congress cannot sit by and hope for AI to fix the deficit.
Congress cannot sit by and hope for AI to fix the deficit.
The accuracy and reliability of BLS data on inflation and jobs will depend on what the Trump administration does with it.
Don't comfort yourself with wishful thinking that millionaires and billionaires could take the entire burden of the deficit off our hands.
Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.
The new advisory group promises bold savings and massive spending cuts, but without any expertise in the federal budget, it’s likely to be all bark and no bite.
Should we blame Biden and the politicians applauding him for their unwillingness to address our looming fiscal disaster?
Both parties—and the voters—are to blame for the national debt fiasco.
Both parties—and the voters—are to blame for the national debt fiasco.
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