Topic Fiscal Policy

Congress plays an important role in combatting recessions and supporting economic growth. The money it sends to families, workers, businesses, and communities softens the toll of recessions. Well-designed fiscal policies boost income and employment for all Americans. Equitable Growth works to improve our understanding of different fiscal policies, including how they can reduce the pain of economic downturns, reduce inequality, and support growth.

Featured Work

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The deeper argument at the heart of the federal budget debate

Tax & Macroeconomics
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Tariff policies in 2025 increased input costs for key U.S. industries, threatening growth and investment

Tax & Macroeconomics
working paper

The Macroeconomic Effects of Tariffs: Evidence From U.S. Historical Data

Tax & Macroeconomics
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What is austerity, and how does it affect the broader U.S. economy?

Inequality & MobilityTax & Macroeconomics
working paper

Why Financial Crises Recur

Inequality & MobilityTax & Macroeconomics
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Congressional Republicans’ budget bill is the most regressive in at least 40 years

Tax & MacroeconomicsInequality & MobilityFamilies

Explore Content in Fiscal Policy171

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New research examines the historical macroeconomic effects of tariffs and sheds light on current U.S. trade policies

Tax & Macroeconomics
working paper

The Macroeconomic Effects of Tariffs: Evidence From U.S. Historical Data

Tax & Macroeconomics
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ASSA 2026 Round-up: Day 3

CompetitionTax & MacroeconomicsInequality & MobilityLabor
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ASSA 2026 Round-up: Day 2

LaborFamiliesCompetitionInequality & MobilityTax & Macroeconomics
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What impact is artificial intelligence having on the U.S. labor market and the nation’s economy?

LaborCompetitionTax & Macroeconomics
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IRA Subsides for EVs, Import Tariffs, and Domestic Industry

Tax & MacroeconomicsLabor
report

What is austerity, and how does it affect the broader U.S. economy?

Inequality & MobilityTax & Macroeconomics
working paper

Why Financial Crises Recur

Inequality & MobilityTax & Macroeconomics
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Tariffs impact U.S. industries differently, with manufacturing the most exposed

Tax & Macroeconomics
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Republican reconciliation bill’s cuts to social programs will damage some congressional districts’ local economies

Inequality & MobilityFamiliesTax & Macroeconomics
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Equitable Growth responds to passage of the federal budget bill

Tax & Macroeconomics
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Americans informed about the distributional effects of Republicans’ tax and budget bill overwhelmingly oppose it

Inequality & MobilityFamiliesTax & Macroeconomics
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