Economics
Latest
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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) report, several news outlets have used the...
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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 May. While...
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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...
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CBO Releases New Economic Projections
Today, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic...
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How Does COVID Relief Compare to Great Recession Stimulus?
We have published an abbreviated update of this analysis, incorporating additional legislation. We now find the COVID-19 response to be larger than...
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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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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. Likewise...
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CBO Releases Interim Economic Projections
The Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during the...
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Is the Fed Buying Our New Debt?
So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination with...
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The COVID-19 Recession Is Unfolding Faster than the Great Recession – and So Is the Response
We have published an abbreviated update of this analysis, incorporating additional legislation, updated cost estimates, and new economic projections...
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COVID Money Tracker: Policies Enacted Through August 14
This is an archived version of this table last updated on August 14, 2020. For the latest on COVID-related spending, head to our new interactive site...
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Eugene Steuerle: Who Should Pay For The Economic Relief From The COVID-19 Crisis?
As Republicans and Democrats joined hands to provide the most recent of what might be several stages of relief from our national pandemic crisis...