Economy content

Extreme weather has devastating impacts on the American people, our communities, and our economy. Severe wildfires that have ravaged parts of the American West, and destructive tropical cyclones along the…

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With a rise of digital protectionism around the world threatening the free flow of data, a rise in authoritarianism threatening democracy, and the rise of China threatening U.S. competitiveness, there…

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President Joseph Biden and House Speaker Kevin McCarthy brokered a deal that would reduce federal spending in FY2024 and FY2025 and raise the statutory debt limit through January 2025. President…

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On May 12, the Economic Development Administration (EDA) released the first of two planned Notices of Funding Opportunity (NOFOs) for the Tech Hubs. This Insight provides an overview of the…

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The United States is likely just weeks away from the federal government reaching the maximum debt ceiling. The U.S. Department of the Treasury is not permitted to expend funds beyond…

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The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that is chaired by the Secretary of the Treasury and serves the President in overseeing the…

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The Economic Report of the President is an annual report written by the Chairman of the Council of Economic Advisers. It overviews the nation's economic progress using text and extensive…

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This white paper highlights the issue of revenue from carbon credits not staying within countries where projects are implemented. The paper recommends creating national carbon markets and accountable project management…

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This report opens with an overview of the Small Business Administration (SBA) Disaster Loan Program’s financing, followed by the history of SBA disaster loan interest rate policy and the statutory…

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Based on current rates and scheduled increases occurring at some point in 2023, minimum wage rates are above the federal rate of $7.25 per hour in 30 states and the…

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U.S. debt – issued in the form of U.S. Treasury securities – is considered among the safest investments in the world because the U.S. has never defaulted on its debt…

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The EY theme for 2023, “Transforming uncertainty into opportunity”, is based on five key tenets. The EY team discusses how we must be conscious that, going forward, we’re likely to…

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The Federal Reserve promotes a safe, sound, and efficient banking system that supports the U.S. economy through its supervision and regulation of domestic and foreign banks. As part of its…

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This report summarizes the work that the Congressional Budget Office (CBO) has been doing on the effects of climate change and climate change policy on the economy and the federal…

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The size of the U.S. population, as well as its age and sex composition, affects the economy and the federal budget. In this report, the Congressional Budget Office describes its…

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