U.S. Treasury turns entitlements into infrastructure
We heard from the head of the US Treasury last week that the US economy is in
great shape [https:
The Pandemic Hit on Public Finance
The emergence of a series of COVID variants this year suggests that we are merely in middle of the pandemic
Stress Test the States
State finances offer an enormous systemic risk for the country as we have seen recently. For the too large to fail banks, the remedy for managing this type of risk has been stress testing and it should be extended in a politically appropriate way to the states.