COVID Pandemic
Latest
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Webinar & Chartbook: Projecting COVID's Fiscal Impact
The United States is currently experiencing one of its sharpest economic crises in modern history as a result of the global COVID-19 pandemic and...
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COVID-19 Doesn’t Justify Massive, Debt-Financed Infrastructure Spending
For Immediate Release House Democrats yesterday released a sizeable highway and infrastructure bill , just as President Trump is also reportedly...
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Maya MacGuineas Joins Fox News to Discuss COVID-19 Fiscal Relief
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox News' Special Report with Bret Baier. She discussed the...
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Treasury Data Shows Other Countries Not Buying Additional Debt
Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing that took...
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Over Half the COVID Fiscal Support is Now Out the Door
In response to the current pandemic and economic crisis, Congress and the President have enacted $4 trillion in spending, benefit payments, grants...
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Treasury Reports $399 Billion Deficit in May as COVID-19 Relief Continues
For Immediate Release The United States budget deficit for the month of May totaled $399 billion, bringing the deficit thus far for fiscal year 2020...
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Debunking Debt Myths in the COVID Economy
Federal debt held by the public is slated to grow by roughly $4 trillion in fiscal year 2020 and exceed the size of the economy by year’s end. Much of...
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Paycheck Protection Program Flexibility Act Signed Into Law
Last week, the President signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act, which the House and Senate passed on May 28 and...
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House Members Promote a Bipartisan Framework for Budget Reforms
A bipartisan group of 60 lawmakers, led by Representatives Scott Peters (D-CA) and Jodey Arrington (R-TX), released a letter to House leadership this...
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Committee President Maya MacGuineas Testifies on Need for Improved Oversight, Accountability of COVID-19 Relief Funds
For Immediate Release Committee for a Responsible Federal Budget president Maya MacGuineas will testify today, June 3, before a newly established...
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Maya MacGuineas Testifies at COVID-19 Fiscal Oversight Hearing
To ensure oversight of the trillions of dollars in economic relief authorized to fight the COVID-19 pandemic and resulting economic downturn, the...
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Webinar & Chartbook: What's the Status of COVID Relief Money?
On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, the most sweeping economic recovery...