WASHINGTON DC (March 10, 2020) — The threat of the coronavirus (COVID-19) outbreak has spooked markets and appears likely to significantly weaken the economy on both the supply and demand sides. Assuming policymakers implement measures to support the economy, they should be structured for the particular situation we face and offset over a reasonable period of time. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget:

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WASHINGTON DC (March 9, 2020) — As confidence in capitalism declines amid growing income-inequality and fiscal unsustainability, new technology business models will test our free market system even further. To study and address those challenges, The Committee for a Responsible Federal Budget has launched “Capitalism, Technology, and The Economy.” This new initiative will examine the impact big data and artificial intelligence are having on consumers and trust in free markets.  

DES MOINES, IOWA (March 5, 2020) — Iowa’s postsecondary educational attainment increased to 60.2% in 2019, growing by 2.6% from 57.6% reported in 2018. Iowa Workforce Development’s annual Laborshed Survey indicates an upward trend of postsecondary completion among Iowans. The data is also used to measure the state’s progress toward reaching the Future Ready Iowa goal of having 70 percent of Iowans with postsecondary credentials by 2025.

WASHINGTON DC (February 25, 2020) — Democratic presidential candidate Senator Bernie Sanders (I-VT) today unveiled his plan to provide free universal child-care and pre-kindergarten education for all.