Economy
Latest
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Tim Penny: Pandemic-related federal aid: Make it fast, but also make it prudent
Read moreTim Penny is president & CEO of the Southern Minnesota Initiative Foundation and co-chair of the Committee for a Responsible Budget. He recently wrote...
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CBO Releases Interim Economic Projections
Read moreThe 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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COVID Money Tracker: Paycheck Protection Program
Read moreNote: See here for an update on the Paycheck Protection Program as of May 23, 2020. The Paycheck Projection Program (PPP) was established under the...
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The COVID-19 Recession Is Unfolding Faster than the Great Recession – and So Is the Response
Read moreWe 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 Launches to Enhance Transparency
Read moreFor Immediate Release Congress has already approved more than $2 trillion in fiscal measures to deal with the unprecedented economic and public health...
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Eugene Steuerle: Who Should Pay For The Economic Relief From The COVID-19 Crisis?
Read moreAs Republicans and Democrats joined hands to provide the most recent of what might be several stages of relief from our national pandemic crisis...
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Budget Projections: Debt Will Exceed the Size of the Economy This Year
Read moreThe United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits. Due to the effects of...
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Bernie Sanders's Coronavirus Relief Package
Read moreDemocratic presidential candidate Senator Bernie Sanders (I-VT) released his Priorities for the Next Coronavirus Relief Package, a plan to build on...
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Families First Coronavirus Response Act Will Cost $192 Billion
Read moreLast week, the Congressional Budget Office (CBO) scored the Families First Coronavirus Response Act ( FFCRA), the second of three packages enacted so...
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CBO Updates Economic Baseline in Wake of COVID-19
Read moreIn anticipation of a score of the Families First Coronavirus Response Act (the second coronavirus response bill), the Congressional Budget Office (CBO...
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Don’t use COVID-19 to Excuse $2 trillion of Debt-Financed Infrastructure
Read moreFor Immediate Release Yesterday, President Trump suggested that the next phase of economic relief to offset the impact of the coronavirus (COVID-19)...
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A Visualization of the CARES Act
Read moreThe President yesterday signed into law the CARES Act, a $2.3 trillion relief package aimed at ameliorating some of the effects of the economic...