CBO's Publications - 2 new documents

New From CBO H.R. 527, Small Business Regulatory Flexibility Improvements Act of 2015 The Fiscal Multiplier and Economic Policy Analysis in the United States: Working Paper 2015-02 H.R. 527, Small Business Regulatory Flexibility Improvements Act of 2015 As ordered reported by the House Committee on the Judiciary on January 27, 2015 The Fiscal Multiplier and Economic Policy Analysis in the United States: Working Paper 2015-02 This paper asks: What models do economists use to estimate the fiscal multiplier (for proposed changes in taxes and government spending)? Why do estimates of it vary widely? And how can economists use those estimates to analyze U.S. economic policy?