Alice Rivlin , a member of President Barack Obama ’s deficit-reduction commission, is trying to stir a debate over imposing a national sales tax to reduce the deficit as part of a plan that includes steep Medicare cuts and a one-year payroll-tax holiday to spark economic growth.
Federal Reserve Chair Janet Yellen says she doesn’t disagree with her predecessor on the substance of monetary policy. She does differ in style, which may prove important if the market reaction to her debut press conference is indicative.
Nov. 16 (Bloomberg) -- Douglas Holtz-Eakin, president of American Action Forum, Alice Rivlin, senior fellow at the Brookings Institution, Michael Ettlinger, vice president for economic policy at the Center for American Progress, Josh Bivens of the Economic Policy Institute, and Alison Acosta Fraser of the Heritage Foundation, speak on a panel discussion at the Peterson Institute in Washington about U.S. fiscal policy and economic growth outlook. Ben White, correspondent for Politico, moderates. (Source: Bloomberg)
Scott Rigby, president of Immersyve Inc., talks with Kathleen Hays about the Electronic Entertainment Expo and his new book, "Glued to Games: How Video Games Draw Us In and Hold Us Spellbound." Alice Rivlin, former vice chairman of the Federal Reserve and founding director of the Congressional Budget Office, talks with Kathleen Hays about the U.S. budget and the debt ceiling.
When the housing bubble burst in 2006, U.S. policy makers looked to Japan for clues about what to do -- and not do -- in response. Now their attention is shifting to Europe as America gets set to follow that region with a concerted attack on its budget deficit.