Economy
Latest
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Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve
Janet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the Federal...
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How Much COVID Relief Has Been Spent So Far?
Our brand new, state-of-the-art interactive COVID Money Tracker tool follows every dollar authorized and spent by Congress, the Federal Reserve, and...
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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 emerged...
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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. In March 2020, Congress...
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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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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 public...
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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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What's in the $3 Trillion HEROES Act?
Updated on 6/3/2020 to reflect CBO's estimate of the HEROES Act. The House recently approved the HEROES Act designed to further address the public...
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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...