Pantheon Macroeconomics

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19th Mar 2017 13:27U.S.

The White House Budget for fiscal 2018, released last week, has no chance of becoming law in anything like its current form, so we don't propose to spend much time dissecting it. But we do need to set out our view on what might actually happen to fiscal policy over the next few months, because it potentially could make a material difference to the pace, and ultimate extent, of Fed tightening.

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Keywords for: 20 March 2017 If Fundamental Tax Reform Fails, What Happens to Fiscal Policy?

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