Fiscal Outlook

Independent Fiscal Policy Analysis

A Policy Research Publication


Featured Research

The Impact of Fiscal Stimulus on Economic Recovery

An in-depth examination of how government fiscal stimulus programs influence economic recovery trajectories, employment, and long-term national debt sustainability.

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Understanding Central Bank Interest Rate Decisions

Explore the frameworks central banks use to set interest rates, the economic indicators that drive their decisions, and the cascading effects on fiscal policy and government borrowing costs.

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Policy Briefs

National Debt Trajectory: Projections Through 2035

Our latest projections model the national debt path under current fiscal policy assumptions, examining the sustainability of government spending relative to projected tax revenues.

Federal Budget Deficit: Structural vs. Cyclical Components

Decomposing the federal budget deficit into its structural and cyclical components reveals important insights about the true state of fiscal policy and long-term sustainability.

Infrastructure Spending and Its Fiscal Multiplier Effect

Research examining the economic return on government infrastructure investment, including analysis of fiscal multiplier effects across different types of public spending programs.