COVID Pandemic
Latest
-
Marc Goldwein: The Prescription: Fiscal Policy for the COVID-19 Economy
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently appeared on The...
-
Understanding the $1 Trillion in Unspent COVID Relief Funding
The Senate-passed American Rescue Plan will deliver nearly $2 trillion of additional COVID relief on top of the $4 trillion already authorized. Yet...
-
Bill Hoagland: Reconciliation, corrupted by Congress: May it R.I.P.
The current Democratic reconciliation bill and the 2017 Republican tax reconciliation measure have paid scant attention to the country’s mounting debt...
-
Four Key Elements of the American Rescue Plan
In light of the ongoing pandemic and economic crisis, there has been strong interest in pursuing further spending to expand vaccinations, contain the...
-
Five Ways to Improve the House COVID Relief Package
Recently, we put forward our principles for responsible COVID relief. The $1.9 trillion American Rescue Plan currently under consideration in the...
-
What's in the $1.9 Trillion House COVID Relief Bill?
The House of Representatives is currently in the process of considering the next COVID relief bill. Nine of the 12 House committees have approved...
-
State and Local Governments Do Not Need Half a Trillion in COVID Relief
The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. A number of...
-
Voices Skeptical of the Size of $1.9 Trillion COVID Relief Plan
Congress is currently marking up a $1.9 trillion COVID relief package using budget reconciliation. While it's important to spend what is necessary to...
-
President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
President Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
-
How Much Would the American Rescue Plan Overshoot the Output Gap?
The Congressional Budget Office (CBO) projected on Monday that the nation’s output gap – the difference between actual economic activity and potential...
-
America Faces a $380 Billion Output Gap
Today's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic recovery, but...
-
What Do Today's GDP Numbers Tell Us About the Output Gap?
The Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that real GDP...