In December, Congress is poised for another showdown on the deficit and taxes, in what is now being called the fiscal cliff. In his new book Red Ink, David Wessel explains how the federal budget got to the point where it is today -- and where to go from here.
More and more state and local governments have approved casino gambling in order to generate new jobs and tax revenue. But does it work? Economist Richard McGowan outlines why states are turning to gambling to solve their fiscal crises -- and now upping the ante even more.
David M. Walker is the former comptroller general of the United States. His book, Comeback America, details the current financial crisis and offers his ideas on controlling spending and restoring fiscal responsibility in the United States.
Parsing the presidential candidates' tax plans is necessary to understanding their general takes on the economy. Economist Len Burman has been doing just that. He is a senior fellow at the Urban Institute, which has just released a report comparing the candidates' proposed tax policies.
To win this coming election, presidential candidate John McCain must prove that he is as strong on the economy as he is on military and foreign affairs. His senior economic adviser, Douglas Holtz-Eakin, discusses McCain's approach to economic policy.
Jason Furman has been given the task of formulating Barack Obama's economic policy. He's the presidential hopeful's top economic adviser, and he will talk about where Obama stands on the most pressing economic issues.
The Republican Party has often been stereotyped as the party of wealthy, old white men. Conservative writers Ross Douthat and Reihan Salam think that can change. Their new book, Grand New Party, offers a vision for expanding the Republican base.
Lincoln Chafee, former U.S. senator from Rhode Island, was often called the most liberal Republican in the Senate. In office, he bucked his party on a number of hot-button issues, including same-sex marriage and the war in Iraq. His book Against the Tide challenges the Republican Party on its rightward drift.
Economist Douglas Holtz-Eakin stepped down last fall as director of the Congressional Budget Office. He had been appointed to a four-year term that was to have ended in February of 2007. Previously, Holtz-Eakin served as President Bush's chief economist.