IN BRIEF: Cutting the Safety Net Is Not an Effective Way to Reduce Government Spending
BRIEFLY… High-stakes negotiations over the debt limit center on ways to bring government spending more in line with government revenues. The political contours of the debate have excluded cuts to Social Security and Medicare from consideration, as well as the possibility of raising taxes. With these options off the table, much of what is left ...
Press Release: Why Drug Pricing Is Complicated
Aspen Economic Strategy Group releases new paper by Kellogg’s Craig Garthwaite and Amanda Starc WASHINGTON, DC | WEDNESDAY, AUGUST 30, 2023 — The Aspen Economic Strategy Group (AESG) today released a new paper, “Why Drug Pricing is Complicated,” by Craig Garthwaite and Amanda Starc of Northwestern’s Kellogg School of Management. The paper details the complicated drug ...
Figure 1: Federal Spending and Revenues as a Share of GDP Since 1980
From, “The Next Business Tax Regime: What Comes After the TCJA,” by Owen Zidar and Eric Zwick