Economic Recovery Measures
Latest
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The Response & Relief Act Would Boost Income To Record Levels
Unlike in past recessions, personal income has grown during the current crisis as a result of the aggressive fiscal and monetary actions taken to...
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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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Omnibus Package Includes $135 Billion of Unrelated Tax Breaks
The omnibus package includes government funding for the rest of fiscal year 2021 and significant COVID relief, but it also contains $135 billion over...
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The Fiscal Response to COVID-19 Will be Larger than the Great Recession Response
The Coronavirus Response & Relief Supplemental Appropriations Act has been passed by Congress and awaits the President's signature. Assuming the bill...
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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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What's in the $550 Billion Senate Relief Package?
Earlier this week we detailed the contents of the $908 billion COVID relief package put forward by a bipartisan and bicameral group of lawmakers. A...
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What's in the $908 Billion Bipartisan Stimulus Proposal?
A bipartisan and bicameral group of lawmakers yesterday unveiled a $908 billion COVID relief package. The proposal is the latest salvo in stimulus...
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End-of-Year Deadlines For Congress
Many economic relief provisions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related bills expire at the end of...
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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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Canceling Student Loan Debt Is Poor Economic Stimulus
Note: We published a follow-up piece on June 3, 2021 estimating the fiscal multipliers for cancelling $10,000 and $50,000 in federal student loan debt...