Acton Institute Powerblog Archives

Acton Occasional Series

5 Facts about food stamp programs

Last week the U.S. Department of Agriculture (USDA) proposed a measure it claims will close a loophole that allows states to make participants receiving minimal Temporary Assistance for Needy Families (TANF) benefits automatically eligible to participate in USDA’s Supplemental Nutrition Assistance Program (SNAP). Continue Reading...

Explainer: What you should know about federal deficits

What just happened? The White House Office of Management and Budget recently released a forecast that the federal deficit would exceed $1 trillion this year. As Fox News points out, this would be the first time since the four years following the Great Recession that the deficit reached that level. Continue Reading...

How fiscal policy can lead to ‘crowding out’

Note: This is post #128 in a weekly video series on basic economics. Effective fiscal policy has to be timely, targeted, and temporary. But how the central bank, businesses, and consumers respond to fiscal policy also plays a role in how effective it is, says economist Alex Tabarrok. Continue Reading...