GDP Byte

Budget and National DebtEconomic Crisis and RecoveryGDP ByteGlobalization and TradeInflationUnited States GDP Grows 4.9 Percent in Third Quarter as Inflation Slows Further

Dean Baker / October 26, 2023

Op-Ed/Commentary

AbortionBudgetBudget and National DebtDebt CeilingGovernmentHealth and Social ProgramsPoverty Debt Ceiling Has Become a Weapon Against Democracy in the United States

The debt ceiling fight was never really about debt reduction. It’s part of a vicious cycle in which political power is abused in order to consolidate a system that is increasingly undemocratic.

Mark Weisbrot / THE GUARDIAN / June 01, 2023

Op-Ed/Commentary

Budget and National DebtDebtEconomic Crisis and RecoveryUnited States Will Biden Invoke the 14th?

Many of us have underestimated Biden before. He managed to get an amazing amount of important legislation through a 50-50 Senate and with only a narrow Democratic majority in the House. It doesn’t seem likely he would walk into negotiations with a Republican Speaker indebted to the party’s biggest loons without a backup plan.

Dean Baker / May 16, 2023

Op-Ed/Commentary

BudgetBudget and National DebtHealth and Social ProgramsHealthcareUnited States Medicaid Work Requirements: Fun with Numbers for the Wall Street Journal

The Wall Street Journal apparently believes this is a better way to reduce the federal budget deficit than making rich people pay the taxes they owe. That’s fine, but it should not try to hide its priorities from readers.

Dean Baker / April 26, 2023