Owing to slow growth and a relatively weak fiscal position, Portugal’s public debt had been rising for almost a decade when the global crisis struck, sharply increasing the deficit. The loss of confidence in Portuguese and other euro area sovereign bonds required international financial...

Ireland’s banking crisis, one of the most severe in the OECD area, and the associated economic recession have taken a heavy toll on public finances. Large public deficits have accumulated since 2008 and net public debt, which had been eliminated, has soared once again. The rapid deterioration...

The $787 billion recovery package marks a big, bold, and historic investment in creating green jobs and building more equitable communities. The package invests nearly $100 billion in funding for transportation and infrastructure, $48 billion in investments in job training and education, $41...

This report provides a detailed look at the tax provisions in the ARRA, noting which current laws are affected and the costs of each.

This report summarizes the individual, corporate and renewable energy tax and benefit provisions of the American Recovery and Reinvestment Act. The summary lists current provisions, how these would change under the ARRA in both the House and Senate versions, and the costs of these provisions...