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or:transparent;">
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<span class=3D"spectralFallback bold"
style=3D"font-family: 'Spectral', serif;font-si=
ze: 28px; font-weight: 700; color: white;">
The Latest from BPC=E2=80=99s Economic Policy P=
roject
</span>
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<span class=3D"spectralFallback"
style=3D"font-family: 'Spectral', serif;font-si=
ze: 14px; line-height: 1em; margin-bottom: 20px; color: white;">
This monthly newsletter highlights what=E2=80=
=99s new from BPC on economic policy. Keep scrolling for a recent webcast, =
blog, and media highlights. If you have any questions or want more info abo=
ut BPC=E2=80=99s economic policy work, email <a class=3D"promptFallback bo=
ld"
style=3D"font-family: 'Spectral', serif; font-weigh=
t: 500; font-size: 14px; text-decoration: underline; color: #F6FBC2"
href=3D"mailto:
[email protected]">econom=
[email protected]</a>.
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t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center">
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lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 800; color: #2F4465; margin: 20px 60px; font-size: 18px;">
ICYMI: A Conversation with Janet Yellen and David Mal=
pass
</div>
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</table>
</td>
</tr>
<tr>
<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center" >
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<p class=3D"spectralFallback"
style=3D"font-family: 'Faustina', serif; margin: 0 60=
px; font-size: 14px;">
<img style=3D"padding:10px;"src=3D"[link removed]
sanpolicyorg-a5ii9/images/yellenmalpass.jpg" alt=3D"Yellen Malpass" width=
=3D"500" height=3D"300"class=3D"center"vspace=3D"15">
On February 4, former Federal Reserve Chair <strong> Jan=
et Yellen </strong> and World Bank President <strong>David Malpass </strong=
> joined BPC and Marketplace host <strong> Kai Ryssdal </strong> for a disc=
ussion on how America=E2=80=99s economic fortunes affect the world economy =
and vice versa.<br><br>
<p class=3D"spectralFallback"
style=3D"font-family: 'Faustina', serif; margin: 0 60=
px; text-align:center; font-size: 14px;">You can stream the recorded webcas=
t <a href=3D"[link removed]
jIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4ZTE1%3AYi5pZ2phY2tidWx3YXJrQ=
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RlJTIwJTdDJTIwRWNvbm9taWMlMjBQb2xpY3kmZXNpZD1hMTgxMDRhMS1iOTRkLWVhMTEtYTgxM=
i0wMDBkM2ExYmI3YmI&K=3DffGI-TCuTzC7K2YHJ71F3Q"color:#3687e7;"> here. </a><b=
r><br>
<p class=3D"spectralFallback"
style=3D"font-family: 'Faustina', serif; margin: 0 60=
px; font-size: 14px;">In their diagnosis of the world=E2=80=99s economic si=
tuation, they addressed topics of low interest rates, political polarizatio=
n, and even the economic effects of the coronavirus. To explain lagging pro=
sperity in developing economies, Malpass pointed to the reality that =E2=80=
=9Cdeveloped countries are not growing fast enough to provide the engine=E2=
=80=9D for progress. While the growing interconnectedness of global markets=
has helped reduce poverty, depressed trade and recent trade tensions betwe=
en economic giants like the U.S. and China has resulted in a worrisome outl=
ook.<br><br>
Adding to this uncertainty is record levels of debt, both in the U.S. and a=
broad. Yellen specifically pointed to America=E2=80=99s =E2=80=9Cunsustaina=
ble debt path.=E2=80=9D Additionally, both speakers emphasized how changing=
labor markets have escalated inequality, placing greater pressure on those=
at the bottom end of the income distribution. A memorable moment was Yelle=
n=E2=80=99s assertion that =E2=80=9Cthe structural forces that caused risin=
g inequality in the United States and other developed countries, they're al=
ive and well.=E2=80=9D
</p>
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=C2=A0
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New Content:
</div>
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t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center">
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<strong><a href=3D"[link removed]
c/4/?T=3DMTE3NDM3Mzc%3AMDItYjIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4=
ZTE1%3AYi5pZ2phY2tidWx3YXJrQGdtYWlsLmNvbQ%3AY29udGFjdC05YTYxNTJhMzdjYWFlOTE=
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2U%3AMQ%3A%3AaHR0cHM6Ly9iaXBhcnRpc2FucG9saWN5Lm9yZy9sZXR0ZXIvYS1sZXR0ZXItdG=
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OWE2MTUyYTM3Y2FhZTkxMWE5N2YwMDBkM2ExOGNiNDctNmI0NTUyNGY2NTljNGQ2YWJhODE4NDZ=
mZWY4MzcyM2UmdXRtX3NvdXJjZT1DbGlja0RpbWVuc2lvbnMmdXRtX21lZGl1bT1lbWFpbCZ1dG=
1fY2FtcGFpZ249UHJvamVjdCUyMFVwZGF0ZSUyMCU3QyUyMEVjb25vbWljJTIwUG9saWN5JmVza=
WQ9YTE4MTA0YTEtYjk0ZC1lYTExLWE4MTItMDAwZDNhMWJiN2Ji&K=3Dk-Fi4liJQAVexcTPvlE=
Zzg"color:#3687e7;"> A Letter to Congress: Act Now to Ensure Public Confide=
nce in Social Security and Medicare</strong></a>
</div>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center" >
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<p class=3D"spectralFallback"
style=3D"font-family: 'Faustina', serif; margin: 0 60=
px; font-size: 14px;">
In a new letter released by BPC and the National Aca=
demy of Social Insurance, more than 100 former lawmakers, cabinet secretari=
es, White House officials, Congressional Budget Office directors, and other=
experts urge the Senate to take quick action on President Donald Trump=E2=
=80=99s nominees to fill the Social Security and Medicare public trustee ro=
les. <br><br>
</p>
</td>
</tr>
</table>
</td>
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<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center">
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<strong><a href=3D"[link removed]
c/4/?T=3DMTE3NDM3Mzc%3AMDItYjIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4=
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WN0JTIwVXBkYXRlJTIwJTdDJTIwRWNvbm9taWMlMjBQb2xpY3kmZXNpZD1hMTgxMDRhMS1iOTRk=
LWVhMTEtYTgxMi0wMDBkM2ExYmI3YmI&K=3DeBcFvJIe3y5bDpVRFHPTjw"color:#3687e7;">=
Trillion Dollar Deficits as Far as the Eye Can See: What You Need to Know =
About CBO=E2=80=99s 2020 Outlook</strong></a>
</div>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center" >
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<p class=3D"spectralFallback"
style=3D"font-family: 'Faustina', serif; margin: 0 60=
px; font-size: 14px;">
In a new letter released by BPC and the National Aca=
demy of Social Insurance, more than 100 former lawmakers, cabinet secretari=
es, White House officials, Congressional Budget Office directors, and other=
experts urge the Senate to take quick action on President Donald Trump=E2=
=80=99s nominees to fill the Social Security and Medicare public trustee ro=
les. <br><br>
</p>
</td>
</tr>
</table>
</td>
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<tr>
<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center">
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<strong><a href=3D"[link removed]
c/4/?T=3DMTE3NDM3Mzc%3AMDItYjIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4=
ZTE1%3AYi5pZ2phY2tidWx3YXJrQGdtYWlsLmNvbQ%3AY29udGFjdC05YTYxNTJhMzdjYWFlOTE=
xYTk3ZjAwMGQzYTE4Y2I0Ny02YjQ1NTI0ZjY1OWM0ZDZhYmE4MTg0NmZlZjgzNzIzZQ%3AZmFsc=
2U%3AMw%3A%3AaHR0cHM6Ly9iaXBhcnRpc2FucG9saWN5Lm9yZy9yZXBvcnQvZGVmaWNpdC10cm=
Fja2VyLz9fY2xkZWU9WWk1cFoycGhZMnRpZFd4M1lYSnJRR2R0WVdsc0xtTnZiUSUzZCUzZCZyZ=
WNpcGllbnRpZD1jb250YWN0LTlhNjE1MmEzN2NhYWU5MTFhOTdmMDAwZDNhMThjYjQ3LTZiNDU1=
MjRmNjU5YzRkNmFiYTgxODQ2ZmVmODM3MjNlJnV0bV9zb3VyY2U9Q2xpY2tEaW1lbnNpb25zJnV=
0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPVByb2plY3QlMjBVcGRhdGUlMjAlN0MlMjBFY2=
9ub21pYyUyMFBvbGljeSZlc2lkPWExODEwNGExLWI5NGQtZWExMS1hODEyLTAwMGQzYTFiYjdiY=
g&K=3Dn8QaV3bNP9zIH0_f6b_xgA"color:#3687e7;">BPC=E2=80=99s Deficit Tracker:=
January 2020</strong></a>
</div>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center" >
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<p class=3D"spectralFallback"
style=3D"font-family: 'Faustina', serif; margin: 0 60=
px; font-size: 14px;">
<img style=3D"padding:10px;"src=3D"[link removed]
sanpolicyorg-a5ii9/images/deficittracker_jan2020.png" alt=3D"jan 2020 defic=
it" width=3D"500" height=3D"300"class=3D"center"vspace=3D"15">
</p>
</td>
</tr>
</table>
</td>
</tr>
<td style=3D"width:155px;vertical-align:top;background-color:white;">
=C2=A0
</td>
<td style=3D"width:5px;">
</td>
=20
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t=3D"10" width=3D"100%" style=3D"margin-top: 20px;">
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op">
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t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
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<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<a href=3D"[link removed]
=3DMTE3NDM3Mzc%3AMDItYjIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4ZTE1%3=
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6dnHghPfkqTABg"style=3D"color:#3687e7;"> <strong>NPR | </strong> All Things=
Considered: Whither The Deficit Hawk: Changing Attitudes On Budget Red Ink=
Among The GOP
</a>
</div>
</td>
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</table>
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=C2=A0
</td>
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<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center">
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:tansparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<a href=3D"[link removed]
=3DMTE3NDM3Mzc%3AMDItYjIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4ZTE1%3=
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Q%3A%3AaHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL3VzLXBvbGljeS8yMDIwLzAyLzA4=
L3RydW1wcy1uZXctYnVkZ2V0LXByb3Bvc2FsLXdpbGwtc2hvdy1ob3ctZmFyLWhlLWhhcy1tb3Z=
lZC1hd2F5LTIwMTYtY2FtcGFpZ24tcHJvbWlzZXMvP19jbGRlZT1ZaTVwWjJwaFkydGlkV3gzWV=
hKclFHZHRZV2xzTG1OdmJRJTNkJTNkJnJlY2lwaWVudGlkPWNvbnRhY3QtOWE2MTUyYTM3Y2FhZ=
TkxMWE5N2YwMDBkM2ExOGNiNDctNmI0NTUyNGY2NTljNGQ2YWJhODE4NDZmZWY4MzcyM2UmdXRt=
X3NvdXJjZT1DbGlja0RpbWVuc2lvbnMmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249UHJ=
vamVjdCUyMFVwZGF0ZSUyMCU3QyUyMEVjb25vbWljJTIwUG9saWN5JmVzaWQ9YTE4MTA0YTEtYj=
k0ZC1lYTExLWE4MTItMDAwZDNhMWJiN2Ji&K=3DOrePcSPP5MWt1-bqGIFjyA"style=3D"colo=
r:#3687e7;"> <strong>Washington Post | </strong> Trump=E2=80=99s New Budget=
Proposal Expected to Show How Far He Has Moved Away from Some 2016 Campaig=
n Promises
</a>
</div>
</td>
</tr>
</table>
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<td style=3D"width:155px;vertical-align:top;background-color:white;">
=C2=A0
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<tr>
<td style=3D"padding-top:2.5px;padding-bottom:2.5px;padding-lef=
t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
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<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<a href=3D"[link removed]
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DU1MjRmNjU5YzRkNmFiYTgxODQ2ZmVmODM3MjNlJnV0bV9zb3VyY2U9Q2xpY2tEaW1lbnNpb25z=
JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPVByb2plY3QlMjBVcGRhdGUlMjAlN0MlMjB=
FY29ub21pYyUyMFBvbGljeSZlc2lkPWExODEwNGExLWI5NGQtZWExMS1hODEyLTAwMGQzYTFiYj=
diYg&K=3DyqB7oqIbtBdOArY6ZoZenA"style=3D"color:#3687e7;"> <strong>Marketpla=
ce | </strong> Janet Yellen and David Malpass on Global Economic Slowdown
</a>
</div>
</td>
</tr>
</table>
</td>
</tr>
<td style=3D"width:155px;vertical-align:top;background-color:white;">
=C2=A0
</td>
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t:5px;padding-right:5px;">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" align=
=3D"center">
<tr>
<td style=3D"width:590px;vertical-align:top;background-co=
lor:transparent;">
<div class=3D"promptFallback bold"
style=3D"font-family: 'Prompt', sans-serif; font-weig=
ht: 500; margin: 0 60px; font-size: 14px; line-height: 1em;">
<a href=3D"[link removed]
=3DMTE3NDM3Mzc%3AMDItYjIwMDQ1LWRkZjE0ODA3OGVmYzQyYmI4ZDJjNjMwYWVmOTM4ZTE1%3=
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bnMtcmlzZS1vZi1wb3B1bGlzbS10cmFkZS1za2VwdGljaXNtLW9uLWVjb25vbWljLWluZXF1YWx=
pdHk_X2NsZGVlPVlpNXBaMnBoWTJ0aWRXeDNZWEpyUUdkdFlXbHNMbU52YlElM2QlM2QmcmVjaX=
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taWMlMjBQb2xpY3kmZXNpZD1hMTgxMDRhMS1iOTRkLWVhMTEtYTgxMi0wMDBkM2ExYmI3YmI&K=
=3DBBTUt_njJgp7s7DpJXXL_A"style=3D"color:#3687e7;"> <strong>The Hill | </=
strong> Yellen Pins Rise of Populism, Trade Skepticism on Economic Inequali=
ty
</a>
</div>
</td>
</tr>
</table>
</td> =20
<td style=3D"width:155px;vertical-align:top;background-color:white;">
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t=3D"10" width=3D"100%" style=3D"margin-top: 20px;">
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isanpolicyorg-a5ii9/images/digital/newbpc-pattern-scallop1.jpg" valign=3D"t=
op">
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style=3D"text-align: center; color: white; font=
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<strong> Ideas. Action. Results.</strong>=20
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We fight to create a better future for all Amer=
icans through lasting,
bipartisan policy change. Your support helps us=
achieve that goal.
=20
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