Economics
Latest
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Maya MacGuineas Joins Fox Business to Fiscal Policy After Georgia Senate Runoffs
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox Business to discuss what the political and economic...
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The Response & Relief Act Would Support the Economic Recovery
President Trump is yet to sign the year-end bill that contains the Coronavirus Response & Relief Supplemental Appropriations Act and accompanying...
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What's in the Final COVID Relief Deal of 2020?
Lawmakers passed a new COVID relief deal on December 21, 2020, which was subsequently signed into law by the President on December 27. The deal in...
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What’s in the Bipartisan COVID Relief Bill?
Lawmakers Monday released the full text of a $908 billion bipartisan stimulus package, which was released in summary form back on December 1. The...
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Could a COVID Relief Deal Close the Output Gap?
Policymakers from both parties have endorsed plans to provide over $900 billion of COVID relief as part of a year-end funding deal. Democratic...
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Policymakers Should Avoid Austerity in Addressing the Debt
The economy remains weak and may be headed for a double-dip recession this winter. Though COVID relief enacted to date has been largely successful in...
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GDP Did Not Just Increase 33%
Today's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This...
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CBO Shows "Interest" in Greater Transparency
The Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...
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IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.
The International Monetary Fund (IMF) made news earlier this week when it issued a report saying that most advanced economies will not need future...
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Comparing Fiscal Multipliers
The United States is currently facing one of its worst economic and public health crises as a result of COVID-19. Though substantial COVID relief has...
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Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve
Janet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the Federal...
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Did GDP Fall by One-Third?
In their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) report, several news outlets have used the...