COVID Pandemic
Latest
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Over Half of States Ending Federal Unemployment Benefits Early
Read moreTwenty-six states have announced that they are ending the expanded federal unemployment benefits in the American Rescue Plan prior to their technical...
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COVID Relief Continues to Bolster Personal Income
Read moreNew data from the Bureau of Economic Analysis (BEA) for the month of April shows that disposable personal income (DPI) was 12.0 percent above pre...
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State & Local Aid is On Its Way, But Is It Needed?
Read moreLast week, the Department of Treasury issued guidelines for the allocations of $350 billion of direct state and local aid funds in the American Rescue...
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COVID Relief Lifted Personal Income to Record Levels
Read moreOf the $5.9 trillion ($5.2 trillion net) of enacted COVID relief, we estimate $3.6 trillion was committed or disbursed over the one-year period...
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COVID Bills Had $650 Billion in Extraneous Policies
Read moreCongress has authorized around $6 trillion of fiscal support in response to the COVID pandemic, with a projected net cost of well over $5 trillion...
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Marc Goldwein: The Prescription: Fiscal Policy for the COVID-19 Economy
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently appeared on The...
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Understanding the $1 Trillion in Unspent COVID Relief Funding
Read moreThe Senate-passed American Rescue Plan will deliver nearly $2 trillion of additional COVID relief on top of the $4 trillion already authorized. Yet...
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Bill Hoagland: Reconciliation, corrupted by Congress: May it R.I.P.
Read moreThe current Democratic reconciliation bill and the 2017 Republican tax reconciliation measure have paid scant attention to the country’s mounting debt...
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Four Key Elements of the American Rescue Plan
Read moreIn light of the ongoing pandemic and economic crisis, there has been strong interest in pursuing further spending to expand vaccinations, contain the...
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Five Ways to Improve the House COVID Relief Package
Read moreRecently, we put forward our principles for responsible COVID relief. The $1.9 trillion American Rescue Plan currently under consideration in the...
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What's in the $1.9 Trillion House COVID Relief Bill?
Read moreThe House of Representatives is currently in the process of considering the next COVID relief bill. Nine of the 12 House committees have approved...
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State and Local Governments Do Not Need Half a Trillion in COVID Relief
Read moreThe American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. A number of...