Committee for a Responsible Federal Budget

Economy

Tim Penny: Pandemic-related federal aid: Make it fast, but also make it prudent

The reason to maintain fiscal order during a strong economy is to make room for a robust fiscal response during times of crisis. Looking back, it’s...

CBO Releases Interim Economic Projections

The Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during...

COVID Money Tracker: Paycheck Protection Program

The Paycheck Projection Program (PPP) was established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help small businesses...
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The COVID-19 Recession Is Unfolding Faster than the Great Recession – and So Is the Response

The current economic contraction caused by the novel coronavirus (COVID-19) pandemic appears to be larger than the Great Recession and is unfolding...
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COVID Money Tracker Launches to Enhance Transparency

Congress has already approved more than $2 trillion in fiscal measures to deal with the unprecedented economic and public health crisis caused by the...

Eugene Steuerle: Who Should Pay For The Economic Relief From The COVID-19 Crisis?

As Republicans and Democrats joined hands to provide the most recent of what might be several stages of relief from our national pandemic crisis,...

Budget Projections: Debt Will Exceed the Size of the Economy This Year

The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

Bernie Sanders's Coronavirus Relief Package

Democratic presidential candidate Senator Bernie Sanders (I-VT) released his Priorities for the Next Coronavirus Relief Package, a plan to build on...

Families First Coronavirus Response Act Will Cost $192 Billion

Last week, the Congressional Budget Office (CBO) scored the Families First Coronavirus Response Act (FFCRA), the second of three packages...
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CBO Updates Economic Baseline in Wake of COVID-19

In anticipation of a score of the Families First Coronavirus Response Act (the second coronavirus response bill), the Congressional Budget Office (...

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