Categories: Economy

GAO: “Automatic supports are most effective when they are timely, temporary, targeted, and predictable”


I think we’ll need these sooner than you think. But legislation has just been passed to disable these supports.

From GAO, “During Past Recessions and Economic Downturns, These Factors Supported an Effective Fiscal Response,” July 15, 2025.

GAO identified four principles that could be used to assess the design or reform of automatic stabilizers. Information from literature and economic and social policy experts suggests that effective automatic stabilizers are timely, temporary, targeted, and predictable. Within those four broad principles, GAO identified eight factors that contribute to the effective design of automatic stabilizers (see table).

To my knowledge, recent legislation goes the other direction, at least insofar as Medicaid and SNAP are concerned.

Entire report here.

 



Source link

Washington Digital News

Share
Published by
Washington Digital News

Recent Posts

Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation

Bitcoin Core and Lightning developer Matt Corallo highlighted a severe Linux kernel vulnerability on October…

22 minutes ago

House Democrats are eyeing Trump’s pardons and his family’s crypto deals

Oversight is coming for the Trump administration. That’s been the message of congressional Democrats throughout…

24 minutes ago

Why ElevenLabs’ CTO is betting big on AI agents

Alex Holt, the chief technology officer at ElevenLabs, is about as bullish on AI agents…

30 minutes ago

Nebraska voters appear to reject online sports betting despite nearly $22.5 million campaign

Both linked measures to legalize mobile wagering through Nebraska's racetrack casinos trailed in unofficial returns.…

58 minutes ago

Homemade Greek Seasoning

One of the best ways to make healthy eating easy is to keep some homemade…

1 hour ago

Baltimore Ravens Could Be Facing a Future Without Lamar Jackson

The Baltimore Ravens can likely start their preparation for the offseason.Quarterback Lamar Jackson needs surgery…

1 hour ago