In light of recent economic trends and the latest Congressional Budget Office projections, Alan Auerbach and William Gale provide estimates of the medium- and long-term fiscal outlook for the United States, emphasizing how persistent primary deficits and rising net interest payments are significantly increasing unified deficits and public debt as a substantial share of GDP.
The myth of a silver bullet for U.S-China relations. Speculation is mounting about what kind of single, sweeping deal President Trump might try to strike with President Xi Jinping. "Rather than chasing an elusive grand bargain, the United States and China should adopt a more pragmatic, disciplined approach,"writes Patricia Kim.
The role of Medicaid in addressing the opioid epidemic. Medicaid represents the largest commitment by the federal government to the treatment of Americans with opioid use disorder (OUD) and other types of substance use disorders. Richard Frank reviews Medicaid’s role in treating OUD and the lessons learned from the impact of Medicaid expansion on opioid-related treatment in the United States.
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