November 08 2023 | Figures Figure 1: Federal Spending and Revenues as a Share of GDP Since 1980 AIESG From, “The Next Business Tax Regime: What Comes After the TCJA,” by Owen Zidar and Eric Zwick Recent Resources October 06 2026 | Papers $15 Trillion on the Table in 2029: Ordinary Taxes to Meet an Extraordinary Fiscal Moment The US national debt passed 100 percent of GDP in March 2026 and is projected to reach nearly 130 percent… Kimberly Clausing , Natasha Sarin September 21 2026 | Papers Skills Alignment for the AI Economy: A Framework for US Labor Market Policy As generative artificial intelligence (AI) diffuses across the economy, speculation about its impact on the labor market continues to grow.… Robert Seamans August 20 2026 | Papers America’s Risky Debt: What Markets See That Policymakers Don’t For decades, global investors were willing to pay a premium for the safety and liquidity of US Treasurys. That premium… Hanno Lustig