The Budget Lab is a non-partisan policy research center dedicated to providing in-depth analysis of federal proposals for the American economy.
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Read the new report from @The_Budget_Lab that scores the budgetary effects of the May 2025 Tax Bill.
budgetlab.yale.edu/research/…
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A 25 percent tariff on all Canadian and Mexican imported goods — paired with a 10 percent tariff on all Chinese imports — would lead to a permanent 0.8 percent bump in the price level, as measured by the Personal Consumption Expenditures price index.
That translates to roughly $1,300 for households on average.
Eventually this could shave 0.2 percent off gross domestic product, once inflation is taken into account.
Ernie Tedeschi, Director of Economics, @The_Budget_Lab
The World Economy Awaits Trump’s First Round of Tariffs
w/ @AnaSwanson@colbyLsmith
nytimes.com/2025/01/31/busin… via @NYTimes
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“The labour market doesn’t feel great, so it feels correct that AI is taking people’s jobs. But we’ve looked at this many, many different ways, and we really cannot find any sign that this is happening,” said @The_Budget_Lab's @MarthaGimbel in today's @FT piece "AI is not killing jobs" by @senoj_erialc
ft.com/content/c9f905a0-cbfc…
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The Budget Lab at Yale has launched! Our non-partisan policy research center will provide in-depth analysis for federal policy proposals impacting the American economy. The Budget Lab aims to fill a critical gap in policy evaluation. Read more: budgetlab.yale.edu/news/2404…
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Join us Tuesday, September 30 at noon EDT for the next @The_Budget_Lab webinar, "Tariffs in an Uncertain Legal Environment. Register here: yale.zoom.us/webinar/registe…
@AnaSwanson @nytimes will moderate a timely discussion with @petereharrell @CarnegieEndow, @scottlincicome @CatoInstitute, @NatashaRSarin @YaleLawSch, and @stanveuger @AEI.
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Today in @jacobbogage's Early Brief @washingtonpost. "The team at the @The_Budget_Lab ran the analysis on what the tax cuts and new spending in the One Big Beautiful Bill Act plus the effect of Trump's tariffs would mean for Americans' personal economic fortunes." washingtonpost.com/politics/…
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Post Next 50! Thrilled for @The_Budget_Lab's @NatashaRSarin named by @washingtonpost as part of the first-ever Post Next 50, a list of people whose work will shape our society. wapo.st/NatashaSarin
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Join @The_Budget_Lab and @NiskanenCenter for a webinar on July 23 at 3pm ET: Economic consequences of weak governance and policy instability. @KateDavidson @Bloomberg will moderate a discussion with @dolanecon,@MichaelRStrain @AEI, @ernietedeschi RSVP: us02web.zoom.us/webinar/regi…
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Join @The_Budget_Lab for a webinar on Thursday, February 27 at noon EST to discuss TCJA.
@Neil_Irwin @axios will moderate a discussion with @NatashaRSarin, @George_A_Callas @Arnold_Ventures, and @Brendan_Duke @amprog.
RSVP: yale.zoom.us/webinar/registe…
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“For the typical American household, the tariffs will mean a loss of about $1,200 in purchasing power, according to the Budget Lab at Yale University, a nonpartisan research center.”
washingtonpost.com/business/…
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"We are currently seeing an economy that may or may not be at a turning point, particularly for the labor market,” said @marthagimbel @The_Budget_Lab. "Such turning points are always difficult to recognize in real time, which makes it even more important to have as much high-quality data as possible. Less data is not going to make understanding the economy at such a pivotal time easier."
Today's @nytimes story by @bencasselman
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Tonight. 6pm ET. PBS @NewsHour will air an interview with @The_Budget_Lab's Director of Economics @ErnieTedeschi on the "No Tax on Tips" proposals by both presidential candidates.
If you miss it, you can watch online at pbs.org/newshour.
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Key takeaways from the report that analyzes the legislation under consideration by the House Ways and Means Committee as part of the reconciliation process:
1.) As written, the tax bill under consideration by the House would add $3.4 trillion to the debt over the 2025-2034 window and $15.3 trillion from 2025-2055.
2.) If temporary provisions became permanent, the cost over the 2025-2034 window is $5.0 trillion and over the 2025-2055 window is $23.7 trillion. ($2.5 trillion and $13.5 trillion respectively, if possible tariff revenue is taken into account.)
3.) If the provisions become permanent, the debt-to-GDP ratio would hit 200 percent in 2055. The only countries that currently have a higher debt-to-GDP ratio are Sudan and Japan.
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Tomorrow. LIVE 7am ET. @ernietedeschi will be talking with @NPR @NPRinskeep about @the_budget_lab's estimates of the economic and fiscal effects of the Trump tariffs. budgetlab.yale.edu/research/…
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New analysis released today by @The_Budget_Lab analyzes a plan aimed at simplifying and reducing the individual income tax code, fundamental tax reform can reduce the amount of time spent filing taxes without losing revenue or reducing progressivity.
budgetlab.yale.edu/research/…
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Watch @marthagimbel on @YahooFinance discuss the latest @The_Budget_Lab report evaluating the impact of AI on the labor market: finance.yahoo.com/video/data…
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Tomorrow. Tuesday, March 11 at 12:10 EDT. Join @The_Budget_Lab for a webinar "Debt and Deficits in 2025." Register: yale.zoom.us/webinar/registe…. @marthagimbel will moderate a panel with Daniel Hornung, @JessicaBRiedl @ManhattanInst and @ernietedeschi
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Listen here to @ernietedeschi on @NPR's Marketplace discussing cuts to discretionary spending by half over the next year: “That would mechanically reduce GDP by 3%. That’s a substantial reduction in GDP growth." Tedeschi said cuts of that size are extremely unlikely but any cuts have effects on economic growth that reverberate over time.
marketplace.org/2025/02/26/f…
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"How much is the US raising from tariffs and what are they doing to the economy?" Listen to @The_Budget_Lab's @marthagimbel talk with @FT's @senoj_erialc on the FT podcast "The Economics Show": ft.com/content/0c9a7bbe-120f…
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New @The_Budget_Lab report on Trump's reciprocal tariff policy featured in @politico's Morning Money:
politico.com/newsletters/mor…
"Game it out — The Budget Lab at Yale published new estimates for what Trump’s reciprocal tariff policy could mean for prices. The personal consumption expenditures index will climb by 1.7 percent in the short term if other countries don’t retaliate. They’ll jump by 2.1 percent if there is retaliation."
Read the report: budgetlab.yale.edu/research/…
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Today. 8:25am ET. Tune in to @BloombergRadio to hear @ernietedeschi discuss the latest on tariffs and the U.S. economy.
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Read @petercoy @nytimes latest column that cites the new Budget Lab report from @ernietedeschi "Political Risks to the U.S. Safe Harbor Premium"
Peter Coy's column: nytimes.com/2024/05/03/opini…
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From @TonyRomm @nytimes:
Studying a since-amended version of the Senate bill, experts at the @The_Budget_Lab, a research center, concluded Monday that it would parcel out its benefits disproportionately.
Americans who comprise the bottom fifth of all earners would see their annual after-tax incomes fall on average by 2.3 percent within the next decade, while those at the top would see about a 2.3 percent boost, according to the analysis, which factors in wages earned and government benefits received.
On average, that translates to about $560 in losses for someone who reports little to no income by 2034, and more than $118,000 in gains for someone making over $3 million, the report found. @marthagimbel, the co-founder of the budget lab, described the Senate measure as “highly regressive.”
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Today's @politico's Weekly Tax features a new report by @The_Budget_Lab: "Who Is Paying Their Fair Share of Taxes?"
@NatashaRSarin and @riccoja discuss various factors around horizontal equity in the tax code with Politico's @berniebecker3.
From Politico: The Budget Lab also found that rolling back provisions that contribute to those inequities could raise some $560 billion in 2026. But beyond sheer numbers, the group’s Natasha Sarin said the fact that people making the same amount can have such different tax burdens contributes to the public’s general feeling that the tax code is unfair.
That’s something policymakers should keep in mind during next year’s negotiations, Sarin added. “They need to be looking not just through the lens of cost, but also asking, ‘What does this do to overall equity?’” Sarin said. “That’s an important part of rebuilding trust in the tax system.” politico.com/newsletters/wee…
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Register today for Thursday's webinar on TCJA Frameworks. yale.zoom.us/webinar/registe…
Join us on Thursday, February 27 at noon for a discussion with @The_Budget_Lab's @NatashaRSarin, @George_A_Callas @Arnold_Ventures, and @Brendan_Duke moderated by @Neil_Irwin @axios.
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Budget Lab Director of Economics @ernietedeschi spoke with @NPR 's @HorsleyScott about the Federal Reserve and the US Economy.
"What's underpinning the Fed's concern and mystery is economic strength, not economic weakness" - Ernie Tedeschi
npr.org/2024/04/30/124789131…
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Watch @NatashaRSarin on @SquawkCNBC this morning discuss the latest news on tariffs and the economy. cnbc.com/video/2025/05/30/to…
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Watch @NatashaRSarin discuss tariffs on @NewsHour
This week, the Supreme Court will hear oral arguments in the case challenging President Trump's authority to impose sweeping tariffs. to.pbs.org/3JMOurH
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Register for the next @The_Budget_Lab webinar on Monday, June 23 at noon ET. A timely discussion of the potential macroeconomic impacts of the One Big Beautiful Bill Act. yale.zoom.us/webinar/registe…
@gregleiserson @TaxLawCenterNYU will moderate a discussion with: @WendyEdelberg @BrookingsEcon, @KentOnMoney @BudgetModel, @ericadyork @TaxFoundation, and The Budget Lab's @marthagimbel.
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Featured in @YahooFinance today: @The_Budget_Lab estimates that the top 5% of earners account for 53% of the tax gap, or $386 billion worth of unpaid taxes per year. The bottom 70% of earners account for just 15% of the tax gap, or $107 billion in unpaid taxes. finance.yahoo.com/news/comme…
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@The_Budget_Lab 's Director of Economics @ernietedeschi writes in the @FT today about "The Independence of the Fed is Critical for the US" and explains how political capture of the central bank would have profound implications for future fiscal policy. ft.com/content/b58963ab-83d0…
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There's a new entrant in the 'bill scoring" game. @MarthaGimbel spoke with @MHollenhorst for @NPR's @Marketplace about how @The_Budget_Lab is innovating new ways to score legislation with a focus on longer term outcomes.
marketplace.org/2024/07/04/t…
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@ErnieTedeschi spoke to @HansNichols @axios about wage growth and the US economy. "The good news is that wage growth has been outpacing inflation for more than a year. But it will take more of that before consumer attitudes about prices brighten back up."
axios.com/2024/05/23/biden-f…
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Watch @ernietedeschi on @MSNBC @11thHour discuss the latest @The_Budget_Lab report about the combined distributional effects of the One Big Beautiful Bill Act and of tariffs: msnbc.com/11th-hour/watch/-t…
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PBS @Newshour's segment last night on the hidden downfalls of ending taxes on tips with @The_Budget_Lab's @ErnieTedeschi.
Watch here: pbs.org/newshour/show/econom…
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“He’s clearly thinking of fundamentally changing the sort of balance of revenue sources in the American tax system," stated @ernietedeschi
ft.com/content/f5f60203-176b…
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Featured in @politico Weekly Tax @berniebecker3:
DRILLING DOWN ON TAX: As it stands, the tax provisions in both the House and Senate versions of the megabill would be regressive, according to a new report from the @The_Budget_Lab.
In short, the centerpiece of the tax plans — extending the expiring parts of the Tax Cuts and Jobs Act — would mostly help higher earners, the group found. Meanwhile, the new policies like "no tax on tips" don't offer much relief at the lower ends of the income scale.
"This means the tax portion of the bill is regressive overall — and that’s even before considering the cuts to Medicaid and SNAP," said @riccoja of the Budget Lab.
politico.com/newsletters/wee…
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@ernietedeschi spoke with @RichardRubinDC for his recent @WSJ article: “We have to think about the unforeseen consequences of this,” said Ernie Tedeschi, a former Biden administration economist who is now at Yale University’s Budget Lab. “Money finds a way to game the system.”
New from us:
Trump is proposing to make tips non-taxable. That would likely mean... more requests for tips.
wsj.com/politics/policy/trum…
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Read the new @The_Budget_Lab report by @ernietedeschi , "The Effect of Monetary Policy Assumptions on Fiscal and Macroeconomic Analysis." budgetlab.yale.edu/news/2407…
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“This time really may be different. The unemployment rate may be drifting higher because it is settling into its natural rate,” @ernietedeschi told @NickTimiraos @WSJ wsj.com/economy/jobs/even-a-…
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Great to see @The_Budget_Lab cited in new analysis from @USCBO looking at the budgetary and economic effects of increased tariffs. cbo.gov/system/files/2024-12…
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Watch @The_Budget_Lab's @ernietedeschi on @markets with @scarletfu discuss potential changes to the Social Security Administration.
bloomberg.com/news/videos/20…
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Today at 8:10am ET. Tune in to @BloombergRadio to hear @NatashaRSarin talk with @tomkeene and Paul Sweeney about the One Big Beautiful Bill. piped.video/watch?v=f39oHo6v…
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New analysis from @The_Budget_Lab on the "no tax on tips" proposals featured in @politico today:
"a deeper dive into exempting tipped income from taxes, examining who might benefit, how such a tax cut might be designed and the overall potential cost."
politico.com/newsletters/wee…
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Watch The Budget Lab Launch event at the National Press Club! Thank you to @ShalandaYoung46, @greg_ip, Josh Bolten, and @djheakin for participating in the event and discussing how to innovate US policy analysis.
c-span.org/video/?534878-1/w…
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The analysis is based on a recent @BrookingsInst research brief by @WilliamGale2, which proposes a series of tax reform options designed to simplify the tax code, increase tax progressivity, and be revenue-neutral in 2023. brookings.edu/articles/radic…
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Watch @The_Budget_Lab's @NatashaRSarin on @BloombergTV talk with @DavidWestin about the Congressional Budget Office's role in predicting the fiscal impact of the One Big Beautiful Bill Act bloomberg.com/news/videos/20…
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@The_Budget_Lab tariffs analysis featured in today's @axios by @EmilyRPeck. "By the numbers: The lowest income households could see their disposable income fall by as much as 5.5%, in a scenario of 20% across-the-board tariffs where other countries retaliate with levies of their own, per an analysis from the Yale Budget Lab." Read here: axios.com/2025/04/02/trump-t…
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Today. Noon ET. Join us for this timely conversation on tax policy in 2025 with @The_Budget_Lab's @NatashaRSarin, @George_A_Callas @Arnold_Ventures and @Brendan_Duke @CenterOnBudget moderated by @Neil_Irwin @axios.
Register here: yale.zoom.us/webinar/registe…
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"The Coming Tax Debate." Join @The_Budget_Lab for a webinar on Wed. Nov. 20 at 12:10pm EST.
With most provisions of the Tax Cuts and Jobs Act (TCJA) expiring next year, the tax system will be a central point of debate and policy making in the next presidential administration. Policymakers are faced with real tradeoffs that will have long-run effects on the U.S. fiscal outlook.
@marthagimbel will moderate the panel including @kpomerleau with @AEI, @RachelSnyderman with @BPC_Bipartisan, and @MichaelSLinden with @equitablegrowth.
RSVP here: yale.zoom.us/webinar/registe…
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Ahead of CPI tomorrow, read @marthagimbel's new @The_Budget_Lab commentary “Where Is Inflation Heading? Yearly Changes May Be Deceiving." budgetlab.yale.edu/news/2406…
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Listen to @ernietedeschi weigh in on the latest tariffs updates on @BloombergRadio with @tomkeene. (starts at min 20). bloomberg.com/news/audio/202…
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@Zachary highlights The Budget Lab team @NatashaRSarin @dannyyagan @marthagimbel @ernietedeschi @richpriz @riccoja @HEppsteiner whose goal is to bring fresh ideas and new methods to policy making. politico.com/newsletters/mor…
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"Economic data is looking good. So why the glum vibes?" - Marketplace
@marthagimbel weighs in with @svaneksmith on @Marketplace
marketplace.org/2024/06/25/e…
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Tomorrow. Nov. 12 at 12:10pm ET. Join the @The_Budget_Lab webinar, "Undermining Democratic Institutions: A Hidden Threat to Economic Growth." Register here: yale.zoom.us/webinar/registe…
Panel moderated by @jbarro with: @cmrodriguez95, Deputy Dean and Leighton Homer Surbeck Professor of Law at @YaleLawSch, @vannostrand, Former Assistant Secretary of the Treasury for Economic Policy, and @marthagimbel, Co-Founder and Executive Director, The Budget Lab at Yale.
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"One of my worries is that an increase in US risk might punch above its weight," listen to @ernietedeschi's discussion on full employment, US safe harbor premium and the current path of R-star on @Macro_Musings with @DavidBeckworth and @mercatus. mercatus.org/macro-musings/e…
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Listen to @marthagimbel talk with @Marketplace @NPR about the labor market and the possible pause of economic data because of the shutdown. marketplace.org/episode/2025…
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"The Coming Tax Debate." Watch a discussion hosted by @The_Budget_Lab on the expiring provisions of the TCJA and areas for subsequent reforms with a panel including @marthagimbel, @kpomerleau with @AEI, @RachelSnyderman with @BPC_Bipartisan, and @MichaelSLinden with @equitablegrowth.
Watch here: budgetlab.yale.edu/events/20…
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@Bloomberg coverage on US Jobs Report includes context from @marthagimbel
bloomberg.com/news/live-blog…
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@MattEganCNN highlights the latest @The_Budget_Lab analysis on the effect of tariffs on poverty. cnn.com/2025/09/10/business/…
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Director of Economics at The Budget Lab @ernietedeschi spoke with Rogé Karma for his article in @TheAtlantic "The Inflation Plateau"
“The excess inflation we have left is in a few esoteric areas that reflect past price increases" - Ernie Tedeschi
theatlantic.com/ideas/archiv…
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In today's @politico Morning Money: "On Friday, the Yale Budget Lab estimated that the bill could result in slightly higher growth through 2027, but that the economy would ultimately weaken in the face of larger deficits and higher interest rates. The yield on 10-year Treasury notes — which is used to price mortgages and other forms of consumer debt — would be 1.2 percentage points higher by 2054, according to the Budget Lab’s projection." politico.com/newsletters/mor…
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A little more than 81% of native-born residents between the ages of 25 and 54 were employed in October according to Bureau of Labor Statistics data analyzed by @ErnieTedeschi @the_budget_lab
cnn.com/business/live-news/u…
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Register for the next @The_Budget_Lab webinar, "Undermining Democratic Institutions: A Hidden Threat to Economic Growth" on Wed. November 12 at noon. yale.zoom.us/webinar/registe…
Panel moderated by @jbarro with: @cmrodriguez95, Deputy Dean and Leighton Homer Surbeck Professor of Law, @YaleLawSch, @NatashaRSarin, President of the Budget Lab and Professor of Law, @YaleLawSch, and @vannostrand Former Assistant Secretary of the Treasury for Economic Policy
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“If you want to help low-wage workers, raising the federal minimum wage — and eliminating the tipped minimum wage — would be more effective policy levers for doing that,” said @ernietedeschi
politico.com/newsletters/mor…
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Tune in to @NPR @1A at 10am today to hear @ernietedeschi weigh in on proposed tariffs and what they mean for the global economy and their impact on consumers and business.
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Register for the next @The_Budget_Lab webinar on Monday, June 9 at noon ET. yale.zoom.us/webinar/registe….
Join the Budget Lab for a timely discussion of the questions involved in estimating the distributional effects of tariffs. @nytimes Chief Economics Correspondent @bencasselman will moderate a discussion with: @KClausing @UCLA_Law, @kpomerleau @AEI, Joseph Rosenberg @TaxPolicyCenter , and @The_Budget_Lab's @johnricco
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Today. April 16 at 10am ET. Tune into @NPR 1A to hear @ernietedeschi discuss the latest on tariffs and @The_Budget_Lab analysis.
the1a.org/
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Listen to @Marketplace @kairyssdal talk with @marthagimbel about the potential consequences of economic data erosion. marketplace.org/episode/2025…
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Tune into @BloombergRadio tomorrow, Oct. 23, at 8:15am ET to hear @ernietedeschi discuss @The_Budget_Lab's analysis on Trump's tariff plan with @tomkeene and @ptsweeney.
piped.video/watch?v=f39oHo6v….
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New @The_Budget_Lab analysis featured in @politico's Weekly Tax by @berniebecker3: "Yale’s Budget Lab has new research out today finding that most people will continue to benefit from the simplified tax system enacted in 2017. But provisions like “no tax on tips” likely will make it more time-consuming for some taxpayers to file, particularly those with lower incomes." politico.com/newsletters/wee…
We @The_Budget_Lab have pout together an analysis of the OBBBA's effect on the time burden of filing taxes. The TCJA reduced just about everyone's filing burden - a true benefit of the passage of the bill. However, OBBBA undoes many of those gains.
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Associate Director of Policy Analysis @riccoja released a new @The_Budget_Lab analysis, “Pandemic-Era Trends in Estate Tax Collections.” Read it here: budgetlab.yale.edu/news/2406…
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@ernietedeschi with @NPR @Marketplace discussing how modeling the tariff economy means dealing with a ton of uncertainty. “I'm under no illusions that there could be surprises just around the corner,” said Tedeschi. marketplace.org/story/2025/0…
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Join @The_Budget_Lab for our next TCJA webinar, "The Child Tax Credit," on Thursday, April 17 at noon EDT. @dylanmatt @voxdotcom will moderate discussion with @MeganACurran @CpspPoverty @Columbia, @JoshuaTMcCabe @NiskanenCenter, and our own @riccoja. Register here: yale.zoom.us/webinar/registe…
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@The_Budget_Lab's @ernietedeschi on @SquawkCNBC this morning weighs in on the corporate tax rate and TCJA. cnbc.com/video/2024/06/14/th…
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"About 4 million people worked in tipped occupations in 2023, or about 2.5% of all employment, according to the Budget Lab at Yale University, a policy research center." - CNN
cnn.com/2024/08/12/politics/…
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Listen to @The_Budget_Lab's @ernietedeschi and @endacurran, Global Economy News Reporter for Bloomberg News @business, unpack what proposed tariffs could mean for consumers and businesses and talk about how they’ll affect the American and global economies. Today's @NPR @1a segment here:
the1a.org/segments/what-dona…
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Link to full Budget Lab report: budgetlab.yale.edu/news/2405…
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Today. Noon EDT. Register here to learn more about tariffs in an uncertain legal environment: yale.zoom.us/webinar/registe…
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@The_Budget_Lab's new analysis on 25% auto tariffs featured in today's @nytimes: "Tariffs would cause vehicle prices to increase by an average of 13.5 percent — an additional $6,400 to the price of an average new 2024 car." nytimes.com/2025/03/30/us/po…
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Watch @The_Budget_Lab's latest webinar "Debt and Deficits in 2025" with a timely panel discussion with @ernietedeschi @JessicaBRiedl @DanielZHornung moderated by @marthagimbel
budgetlab.yale.edu/events/20…
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Explore @The_Budget_Lab's analysis and new interactive tool that explains why certain parts of the tax code may lead to tax filers paying less than their fair share and highlights how similarly situated tax filers may in fact have divergent tax burdens.
budgetlab.yale.edu/research/…
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Register for the @The_Budget_Lab webinar tomorrow Sept. 30 at noon EDT. yale.zoom.us/webinar/registe…
Join us Tuesday, September 30 at noon EDT for the next @The_Budget_Lab webinar, "Tariffs in an Uncertain Legal Environment. Register here: yale.zoom.us/webinar/registe…
@AnaSwanson @nytimes will moderate a timely discussion with @petereharrell @CarnegieEndow, @scottlincicome @CatoInstitute, @NatashaRSarin @YaleLawSch, and @stanveuger @AEI.
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Today at 1pm ET. Watch @ernietedeschi @The_Budget_Lab talk with @DianeSwonk and @Claudia_Sahm on @CNBC about today's job report.
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@The_Budget_Lab analysis on tariffs featured in @YahooFinance Chartbook: "44 Charts that Tell the Story of Markets and the Economy to Start 2025" finance.yahoo.com/news/yahoo…
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@marthagimbel on the Tax Chats podcast with @ScottDyreng and @JeffLHoopes to discuss the launch of @The_Budget_Lab, our recent reports on TCJA and CTC, and even the Budget Lab dogs!
Listen here: podcasts.apple.com/us/podcas…
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Today's @Politico Morning Money @Zachary cites the "the cost of political risk" from a new @The_Budget_Lab report by @ErnieTedeschi
politico.com/newsletters/mor…
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@Samjsutton spoke with @The_Budget_Lab for @politico's Morning Money, "The First DOGE Jobs Report."
"Its going to take time for things to flow through. This is happening very fast - and it feels very fast - so people are expecting things to show up in the data as fast as things are happening in the news, and that’s just not how it works,” said @marthagimbel.
"Unemployment insurance claims in the District of Columbia have been inching higher in recent weeks, Gimbel and @ernietedeschi wrote in a research note, which suggests that the workforce reductions may soon affect unemployment." politico.com/newsletters/mor…
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@samjsutton @politico interviews @The_Budget_Lab's @marthagimbel and @ernietedeschi for today's Morning Money Jobs Day analysis:
“It’s like a murder trial, there's a lot of circumstantial evidence." - Tedeschi
politico.com/newsletters/mor…
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@The_Budget_Lab's @ernietedeschi tells @WSJ that Trump’s new tariff pledge would raise the average effective tariff rate to around 10%, which would be the highest level since the 1940s. wsj.com/economy/trade/trump-…
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Today at 10am ET. Tune into @NPR 1A to hear @marthagimbel discuss economic uncertainty and the latest @The_Budget_Lab reports.
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"Martha Gimbel, a former economic advisor in the White House, notes that the ten-year budget window - the main time frame for evaluating fiscal effects - is biased against investments in children and the environment."
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Today. 8am ET. Tune into @BloombergRadio to hear @ernietedeschi discuss the latest @The_Budget_Lab analysis about tariffs. piped.video/watch?v=f39oHo6v….
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Today's @nytimes @UpshotNYT, the Budget Lab analysis on IRS funding: "If the Trump administration were to cut I.R.S. staffing levels by the more extreme 50 percent, the former Biden Treasury official @NatashaRSarin, now president of the Budget Lab at Yale, estimates a loss of $350 billion to $2.4 trillion in revenue over 10 years." nytimes.com/2025/04/08/upsho…
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Watch @ernietedeschi on @CNBC's @SquawkStreet discuss market outlook post-election cnbc.com/video/2024/11/08/el…
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@The_Budget_Lab's @ernietedeschi writes in Bloomberg Opinion today
Markups in grocery stores appear to be persistently higher than before the pandemic. But don’t rush to the conclusion that market power is the only explanation, says @ernietedeschi trib.al/ez9G3nZ
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Today's @FinancialTimes @colbyLsmith writes on the US jobs report ahead of the election. "The labor market is incredibly healthy," said @The_Budget_Lab's @marthagimbel
ft.com/content/9ace4635-d71e…
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