Just unreal. Republicans who say that debt is an “existential threat” say that paying for tax cuts would “set a bad precedent.

.Olivier Blanchard moderates the next panel at the PIIE-IMF conference on steering structural change on the green transformation with Kimberly Clausing, Jean Pisani-Ferry, & Nicholas Stern.
Tune in to watch live: piie.com/events/2024/re…

NOW: We are excited to kick off the 'Rethinking economic policy' conference with @IMFnews on steering structural change, featuring Kristalina Georgieva, Gordon Brown, Sergei Guriev, Angus Deaton, Maurice Obstfeld, Gita Gopinath, & more.

Watch live: piie.com/events/2024/re…

NEW: In the latest episode of the special podcast series “WITHpod 2024: The Stakes,” Chris Hayes talks to economist Kimberly Clausing about both presidential candidates' records on tax and economic policy.

Listen now wherever you get your podcasts: bit.ly/43ZuJ5U

Chief economist opening at CBPP!

cbpp.org/careers/chief-…

The Budget Lab Joe Biden Natasha Sarin Kimberly Clausing The Full Extension option would cost nearly $3T over the 10-year budget window, while Partial Extension would cost about $2T. The Clausing-Sarin proposal would reduce primary deficits by more than $4T over 10 years

Thanks to David S. Mitchell for his thread summarizing my new Equitable Growth issue brief, based on my (longer) paper: 'Capital Taxation and Market Power'. I have a thread on the paper (forthcoming in TaxLawRev) here: twitter.com/KClausing/stat…

A new institution is born!

The Budget Lab is off to a great start with analysis of the expiration of the TCJA and the child tax credit. Next level in going beyond just budget scoring to think about outcomes.

I can't wait for more from this all-star group.

The unemployment rate: financial crisis vs. COVID crisis.

Secretary Yellen to Premier Li Qiang: “As the world’s two largest economies, we have a duty to our own countries and to the world to
responsibly manage our complex relationship and to cooperate and show leadership on
addressing pressing global challenges.”

Today in Guangzhou, I met with Guangdong Governor Wang Weizhong.

We discussed Guangzhou’s rich history as China’s window to the world economy and a center of economic reform, and discussed our goal of a healthy economic relationship that benefits both sides.

In a new Brookings Econ essay, Liam Marshall and I outline the caregiving shortfalls that coincides with the aging population and present a solution to address the deficiency: immigration reform.
brookings.edu/articles/immig…

Immigrants are, and always have been, a key part of US economic growth. Read the latest from Ernie Tedeschi and if you want an overview, see chapter 8 of my book Open.

Immigration and the U.S. economy since the pandemic: an accounting exercise briefingbook.info/p/immigration-…

A nice explainer from Howard Gleckman Tax Policy Center about another bad idea to hurt workers, consumers, and the US economy with tariffs.

taxpolicycenter.org/taxvox/what-tr…

The first of two papers on inflation. This one on US inflation. The second, to come out soon, on inflation in 11 countries, based on the work of national central bank teams.
Meta conclusions very similar in the second paper.
shorturl.at/txHM3

Let me add a sixth reason to this excellent article: there is no plausible path to climate safety without putting a price on carbon pollution.
thehill.com/opinion/energy…