The 2025 Economic Report of the President

Today, the Council of Economic Advisers under the leadership of Chair Jared Bernstein released the 2025 Economic Report of the President, the 79th report since the establishment of CEA in 1946. The 2025 Report assesses the economic progress made during the Biden-Harris Administration and highlights some of the most significant issues and questions in domestic and international economic policy going forward:

Chapter 1, Four Years in Review and the Years Ahead, reviews economic progress over the course of the Biden-Harris Administration and presents the Administration's official forecast for the decade ahead.

Chapter 2, How Remote Work is Reshaping the Economy, tracks the evolution of remote work and describes the economic implications of its diffusion in the post-pandemic labor market.

Chapter 3, Aligning the International Tax System with the Globalized Economy, explains the challenges that gave rise to the Global Tax Deal and how the Global Tax Deal addresses these challenges.

Chapter 4, Expanding and Strengthening U.S. Health Insurance, reviews the many recent policies undertaken by the Biden-Harris Administration to help individuals and families access affordable health insurance coverage.

Chapter 5, Achieving a Net Zero Carbon Dioxide Emissions Economy in the United States, reviews the economics of moving to net zero CO2 emissions through four major efforts: eliminating CO2 emissions from U.S. electricity production, expanding electrification, decarbonizing economic activities that are difficult to electrify, and using negative emissions technologies to capture and store emitted carbon that would be comparatively more costly to eliminate.

Chapter 6, America's Role in International Capital Flows, explores the recent evolution of international investment flows during the Biden-Harris Administration, with a focus on the financial account of the U.S. balance of payments.

Chapter 7, The K-12 Education System, reviews the state of U.S. elementary and secondary schools and their important role in promoting human capital development and economic growth, along with the challenge of insufficient educators' labor supply.

Read the full report HERE.