Alice Rivlin News
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The recent deceleration in U.S. health-care costs appears to be at least partially structural, and not entirely due to a still-lackluster economy. That offers some hope that the slowdown will continue. Still, more needs to be done to encourage the trend.
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The U.S. Senate confirmed Sylvia Mathews Burwell as director of the White House budget office, adding a key player to this summer’s looming battle over raising the debt limit.
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David Stockman’s warning that the Federal Reserve’s quantitative easing is steering the world’s largest economy toward a crash is at odds with nine quarters of job growth, record stock prices and unprecedented corporate earnings, former fiscal and monetary policy makers said.
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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.
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President Barack Obama said the proposals in his State of the Union speech won’t increase the U.S. deficit “by a single dime.” He didn’t say they’d be free.
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For years, Erskine Bowles and Alan Simpson pulled off a very unusual and very difficult trick: They managed to position themselves firmly in the political center even as their budget proposal was far beyond the boundaries of what either party was proposing.
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Alice Rivlin, a former Federal Reserve vice chairman, said investor confidence in the U.S. economy will help stave off the damaging effects of a potential downgrade by credit rating companies.
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The wrangling of President Barack Obama and congressional Republicans over the federal budget underscores a clash of core philosophies about how the economy works that supersedes any skirmish on taxes or spending cuts.
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In a 1997 Oval Office meeting with President Bill Clinton, Sylvia Mathews Burwell tried to discreetly pass a note to her boss, Treasury Secretary Robert E. Rubin. She got caught.
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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)
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