New Hire Roundup: Ex-CBO Chief Elmendorf Back at Brookings
Meanwhile, Royal Alliance adds Quincy Group; MarketCounsel beefs up staff with three new lawyers.
Repealing Obamacare Would Cost $353 Billion Over Next Decade
The new CBO estimate comes as the Supreme Court is expected to decide on an important Affordable Care Act-related case.
There's No Shortage of Bad Ideas on Social Security
Social Security is an emotional topic, made more so by misinformation.
House Votes to Kill Estate Tax
The "death tax is actually hurting our economy now and putting unnecessary pressure on families and small businesses," said House Ways and Means Chairman Ryan.
Rising Rate Consensus Is Wrong: Research Affiliates
Worried about rising rates? Don’t be. But there’s ample room to be worried about the reason rates won’t be rising much, Research Affiliates warns.
The Third Rail of American Politics Is Live
The Congressional Budget Office's economic outlook for the next 10 years, released in late January, found that the federal deficit will balloon to 4% of GDP by 2025 from 2.8% today, thanks in large part to entitlement programs like Social Security.
Keith Hall Named New CBO Director, Replacing Elmendorf
Keith Hall, chief economist of the International Trade Commission, will start his four-year term on April 1.
Axel Merk: All Roads Lead to Gold
Negative real rates, the risks of holding cash and coming market instability are among the factors suggesting an increased allocation to the precious metal.
Top 7 Income Sources in America
While wages dominate, the idea that the middle class doesn't earn substantial returns from capital is false, the Tax Foundation says.
CBO Says Entitlements Will Cause Ballooning Deficits
Does that mean reform of Social Security and health care programs is coming? Probably not, says strategist Greg Valliere.