Blog Posts and Analysis / Revenue & Spending

Economy and Jobs Watch: Taking the Long View

Current economic policy is becoming unsustainable. Current and projected federal deficits are reaching the point where many economic commentators worry about the long-run viability of current policy.

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Report from the Treasury Department "Death Tax" Roundtable

On Nov. 6 the Treasury Department hosted a “Roundtable on Jobs, Growth, and the Abolition of the Death Tax." There was surprisingly little substance discussed at this one-sided event – most participants opted to rehash old rhetoric opposing the estate tax. There was no new serious research discussed and no new data presented.

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Economy and Jobs Watch: Employment Positive, But Still Weak

October’s unemployment rate remains essentially unchanged from September’s 6.0 percent rate, the Bureau of Labor Statistics (BLS) announced last week. The labor market has improved slightly in recent months, posting employment gains of 126,000 jobs in October, and 125,000 in September.

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Economy and Jobs Watch: GDP Update

Total output as measured by Gross Domestic Product (GDP) grew at an annual rate of 7.2% in the third quarter, the Bureau of Economic Analysis reported last Thursday.

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Congress Slow to Extend Unemployment Benefits

Unemployed workers may face another bleak holiday unless Congress passes legislation extending benefits.

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Congress Moves to Fund Efforts in Iraq & Afghanistan

The president's request for $87 billion seems to be on the way to final passage.

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Appropriations Still in Knots

Congress has completed only three of the 13 appropriations bills for fiscal year 2004, which began Oct. 1. In the meantime, several continuing resolutions -- which continue funding at last year’s levels -- have kept the government afloat.

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