Economics
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What Do Today's GDP Numbers Tell Us About the Output Gap?
Read moreThe Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that real GDP... -
Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
Read moreIn her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor... -
What's in the December Jobs Report
Read moreThe Bureau of Labor Statistics this morning released its monthly jobs report which showed a net loss of 140,000 jobs during the month of December. The... -
Breaking Down $3.4 Trillion in COVID Relief
Read moreWith the passage of the Response & Relief Act, Congress has now allocated around $4 trillion of COVID relief at a net cost of over $3.4 trillion... -
Maya MacGuineas Joins Fox Business to Fiscal Policy After Georgia Senate Runoffs
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox Business to discuss what the political and economic... -
The Response & Relief Act Would Support the Economic Recovery
Read morePresident Trump is yet to sign the year-end bill that contains the Coronavirus Response & Relief Supplemental Appropriations Act and accompanying... -
What's in the Final COVID Relief Deal of 2020?
Read moreLawmakers 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... -
What’s in the Bipartisan COVID Relief Bill?
Read moreLawmakers Monday released the full text of a $908 billion bipartisan stimulus package, which was released in summary form back on December 1. The... -
Could a COVID Relief Deal Close the Output Gap?
Read morePolicymakers from both parties have endorsed plans to provide over $900 billion of COVID relief as part of a year-end funding deal. Democratic... -
Policymakers Should Avoid Austerity in Addressing the Debt
Read moreThe 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... -
GDP Did Not Just Increase 33%
Read moreToday's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This... -
CBO Shows "Interest" in Greater Transparency
Read moreThe Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...