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April 29, 2019

Sub-Saharan Africa
Africa’s ‘Leaders for Life’

Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state, but civil society and regional blocs may be slowing the trend of extending presidential terms in some areas.

A taxi passes an electoral poster for Cameroonian President Paul Biya in a market in Yaounde.

April 26, 2013

Labor and Employment
Policy Initiative Spotlight: Multiyear Budgeting

The U.S. budget process has become increasingly dysfunctional, a large factor in Standard and Poor’s downgrading the U.S. sovereign credit rating in 2011. Budgets were always passed for each fiscal y…

President Obama's FY 2014 budget proposal is released (Gary Cameron/Courtesy Reuters).

October 20, 2011

Budget, Debt, and Deficits
Achieving a Sustainable Federal Budget

Douglas W. Elmendorf, director of the Congressional Budget Office, discusses the effects of revenue increases and spending cuts on the projected budget deficit. This meeting is part of the C. Peter …

March 2, 2012

Trade
Morning Brief: Volcker Rule Will Miss Congressional Deadline

In his testimony to Congress, Federal Reserve Chairman Ben Bernanke indicated the Volcker rule (FT) will not be in effect by the July deadline. A signature part of 2010’s Dodd-Frank Wall Street Refor…

A Wall St. sign is seen outside the New York Stock Exchange.

October 20, 2011

Budget, Debt, and Deficits
Achieving A Sustainable Federal Budget

CHRYSTIA FREELAND: I'm Chrystia Freeland, your presider over our breakfast this morning. I was delighted when the council invited me to do this, because we're going to have the chance to hear from, …

October 1, 2018

United States
How Does the U.S. Spend Its Foreign Aid?

With President Donald J. Trump advocating for deep cuts to U.S. foreign aid, debate has renewed over the role of foreign assistance funds in boosting growth, promoting democracy, and saving lives.

Foreign-Aid-BGR-Header-1160x630.jpg

April 9, 2013

Chained CPI's Diminishing Returns for U.S. Budget

On Wednesday, President Obama will send his proposed budget to Capitol Hill. While it includes many ideas floated in the president’s previous budget plans, it proposes a switch to an inflation formul…

April 12, 2013

U.S. Budget Policy: Problem Solved?

The Obama administration’s long-term budget projection estimates government debt as a share of GDP will remain stable until 2050, then decline, and in seventy-five years place the U.S. federal govern…

August 8, 2012

Trade
Morning Brief: White House to Detail Automatic Budget Cuts

President Obama signed a new law requiring his budget office to provide details on how it will implement $109 billion in automatic budget cuts for January 2013 (TheHill). The law was passed unanimous…

An employee at the federal government’s printing office stacks copies of the 2013 budget (Joshua Roberts/Courtesy Reuters).

January 31, 2012

How to Control the Budget Deficit? Do Nothing

What should Congress and the Obama administration do to bring the federal deficit under control? Well, according to the Congressional Budget Office’s annual Budget and Economic Outlook, released toda…

The cover of CBO's "Budget and Economic Outlook: Fiscal Years 2012 to 2022" (Courtesy Congressional Budget Office).