February 01 2026 | Figures Figure 4b. Decomposition of Effects of Rising Old-Age Dependency Ratios on Old-Age Entitlement Spending and Deficits: Aging Effects on Primary and Total Deficits Lisa Dettling , Luke Pardue 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