Committee for a Responsible Federal Budget

Economy

Comparing the Heroes and HEALS Acts

As lawmakers formulate the next round of fiscal relief to fight the COVID-19 public health and economic crisis, two pieces of legislation have emer
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Webinar & Chartbook: Where Does the Next Phase of COVID Relief Stand?

The novel coronavirus (COVID) pandemic and resulting economic crisis has been met with an unprecedented policy response.
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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) 

What's in the $1.1 Trillion HEALS Act?

The Senate recently introduced the Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act designed to further address the publi

Income Has Risen Through the COVID Recession But That May Soon Change

Despite the sharpest economic contraction is modern history, personal income has actually grown since the COVID-19 crisis started through

How Big Should the Next COVID Package Be?

With over $2 trillion of fiscal support now out the door, Congress is considering additional legislation to help stabilize the economy, support the...

CBO Releases New Economic Projections

Today, the Congressional Budget Office (CBO) released updated economic projections, i

How Does COVID Relief Compare to Great Recession Stimulus?

Congress has enacted five pieces of legislation and committed $3.6 trillion of fiscal support so far to address public health and economic...

What's in the $3 Trillion HEROES Act?

Updated on 6/3/2020 to reflect CBO's estimate of the HEROES Act.

Chartbook: The COVID-19 Crisis and Federal Response

The economic crisis sparked by the COVID-19 pandemic has been sharper and more dramatic than any we have experienced in our nation’s history.

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