Center on Budget and Policy Priorities — Automatic Stabilizers

[Macroeconomic Stabilization Policy] Grant investigator: Alexander Berger This page was reviewed but not written by the grant investigator. CBPP staff also reviewed this page prior to publication. The Open Philanthropy Project recommended a grant of $100,000 to the Center on Budget and Policy Priorities (CBPP) to support work on enhancing automatic fiscal stabilizers. Automatic fiscal stabilizers are taxes and government programs that respond automatically to changing economic conditions, and do not require additional Congressional action. They are important for mitigating the effects of economic downturns. We believe CBPP, which has done work in this area before, is a strong candidate to advance these policies given its combination of relevant relationships and deep knowledge of these issues. This falls within our focus area of macroeconomic stabilization policy.