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Taxpayers loaned $192 billion to the government last year. Here’s where that money came from.

American tax filers made roughly $192 billion in interest-free loans to the federal government last year, according to IRS data just released by the Brookings Institution. All told, 80 percent of tax filers overpaid on their taxes and received refund checks from the IRS for tax year 2012, with the average refund worth $2,742. In […]

Who Pays the Most Income Taxes?

2 days agoNews : The Daily Beast

It’s April 15 and your taxes are done—or at least they should be. Check out an interactive Brookings Institution map for more about tax rates at the county level across the nation.

Henry Aaron and the Lucas Critique

No, not the Henry Aaron at the Brookings Institution.  I mean what the ten year old Tyler Cowen would have called “the real Henry Aaron.”  Nate Silver writes: What if Aaron had never hit a home run? What if those 755 round-trippers had fallen for base hits instead? (If we’re trying to isolate the effect […]

The data are in: life under Putin is a continuous downward spiral into despair

Recently the Brookings Institution's Carol Graham released a striking chart (below) showing the relationship between age and happiness around the world, as measured via the Gallup World Poll (conducted from 2011 to 2013). She describes it as "a U-shaped curve, with the low point in happiness being at roughly age 40 around  the world." The takeaway? Once […]

Manufacturing Hubs and Small Manufacturers

The National Network for Manufacturing Innovation (NNMI) is a federal program started in 2012 with a goal of creating up to 15 national centers for manufacturing research and innovation. As the Brookings Institute chart below shows, so far 4 centers...

Live Q&A at 11 a.m. ET: What’s Next in the Russia Standoff?

Join our Spreecast at 11 a.m., when foreign policy reporter Jay Solomon and national politics editor Aaron Zitner chat with Brookings Institution President Strobe Talbott about Russia, Ukraine and what role the U.S. and allies should play in the standoff.

New Report Paints Bleak Future for Long-Term Unemployed

For the unemployed, the road back to employment is littered with potholes and landmines. For many, the roads have simply collapsed or disappeared. In a paper presented this week at the Brookings Institute, Princeton University professor Alan Krueger discussed the prospects for turning around long-term unemployment. Show More Summary

Abenomics at the Brookings Institution

Joshua K. Hausman and Johannes F. Wieland presented a paper today on Abenomics at the Brookings Panel on Economic Activity. They focus specifically on the monetary policy portion of Abenomics: the Bank of Japan's new commitment to 2% inflation, open-ended asset purchases, and a doubling of the monetary base. Show More Summary

Study: Common Core Standards Will Have Little to No Impact on Student Achievement

A new study published by the Brookings Institution has concluded that the Common Core State Standards (CCSS) will have “little to no impact on student achievement.” The Brookings Institution’s 2014 Brown Center report states: It is doubtful...Show More Summary

Brookings Institute: If We Relax, Putin Will Relax

In a March 15 article in Spiegel Online, Brookings Institute experts Fiona Hill and Glifford Gaddy suggested that if the West would just relax, Russian President Vladimir Putin might relax as well. Gaddy said he could imagine Putin rejecting the annexation of Crimea, even if the Crimeans voted for it. Show More Summary

Five reasons why the long-term jobless don’t matter to the economy

Princeton University professor Alan Krueger dives deep into the problem of long-term unemployment in a new paper to be presented Thursday at the Brookings Institution. He calls people who have been out of a job for six months or more an “unlucky subset of the unemployed” who exist on the margins of the economy -- […]

Study: Common Core Has Little Impact On Education Progress

Common Core may well represent one of the most controversial education policies implemented in America in a generation, but a new study from the Brookings Institute indicates that the policy may be having little impact on academic outcomes. You can read the full report from the Brookings Institute here. The authors grouped states by their...

Too much homework: Is it reality or a myth?

How long do your kids spend each night hitting the books? If they are complaining about being buried by a growing mountain of homework, not so fast.A report from the Brookings Institution released Tuesday suggests that despite stories...Show More Summary

"Forgotten But Not Gone" - Three Charts Show Our Budget Problem Is Far From Solved

A report out last week from the center-left Brookings Institution highlights that, although a little bit of progress has been made on budget...

Here Are The Cities With The Most And Fewest Employed Teenagers

Employment prospects for young people have gotten much worse since 2000, but those prospects vary from place to place. The Brookings Institution just released a comprehensive report on the state of youth employment and unemployment, and things are grim. Show More Summary

Bummer: Another study has confirmed what we...

Another study has confirmed what we already know: San Francisco is the second most unequal county in the country. Figures from the Brooking Institute and now Trulia confirm that the distance between the top 10% and the bottom 10% of...

Putin's Actions Could Break Up Russia, Not Unify It

Strobe Talbott is president of the Brookings Institution and chairman of the State Department's Foreign Affairs Policy Board. Deputy secretary of state in the 1990s, he was President Bill Clinton's point man on the former Soviet Union. Show More Summary

WOW! Brookings Institute Fellow John Hudak Caught Spreading Vicious Racist Lie at CPAC 2014

WOW!… Just Wow! Brookings Institute fellow John Hudak, a committed leftist, posted this tweet Saturday at CPAC 2014. Hudak claimed no one showed up for the Minority outreach panel at CPAC 2014. Of course, the tweet spread like wildfire and … Continue reading ?

Chicago Ranks Eighth In Income Inequality Amongst U.S. Cities

According to a recent study by the Brookings Institute, Chicago ranked eighth in income inequality amongst 50 cities in the United States. Based on census data, Chicago's richest 5 percent earned $201,460, while those in the poorest 20 percent earned $16,078. [ more › ]

At CPAC: Awesome Empty Chairs & Awesome Chris Christie

Yesterday, the same day as Gov. Christie's speech was delivered to a standing-O but plenty of empty seats (as Paul Mulshine notes), John Hudak, a fellow at the Brookings Institution and editor of their Fix Gov blog made this observation: Big problem for GOP. Show More Summary

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