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New data from the first quarter of 2019 showed increased state and local government spending contributing to GDP growth. We updated the Hutchins Center Fiscal Impact Measure to show how fiscal policy affected growth.
The U.S. foster care caseload rose for the fifth consecutive year, reaching nearly 443,000 children in 2017. A new guide from Children Need Amazing Parents, informed by a Brookings Center on Children and Families event held earlier this year, outlines strategies to recruit and retain foster parents for better child outcomes.
In his new book, “Fiscal Therapy,” William Gale offers policy proposals to reduce the federal debt. New analysis from the Penn-Wharton Budget Model finds that these policies would be even more effective than originally thought.
In the next 15 years, publicly held debt will surpass its all-time high of 106% of GDP. Stuart Butler offers strategies to force lawmakers to make the hard choices (raising taxes, reducing benefits, etc.) that are necessary to rein in the federal debt.
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