Economy
Latest
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What's in the $2 Trillion Coronavirus Relief Package?
Updated on 4/21/2020 and 4/29/2020 to reflect the Congressional Budget Office's (CBO) estimate and subsequent revisions. Lawmakers recently approved...
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These Provisions Have No Place in an Emergency Bill
Negotiators continue to work on a third response bill to the coronavirus (COVID-19) pandemic, with legislation proposed today by House Democrats and...
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Don’t Play Politics with the Coronavirus Response
For Immediate Release Policymakers are currently drafting legislation to mitigate the economic damage caused by the coronavirus (COVID-19) pandemic...
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How Much Would Sending People Checks Cost?
Experts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis. Last week, we estimated that fiscal...
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Policymakers Should Act Quickly and Responsibly to Boost the Economy
For Immediate Release The threat of the coronavirus (COVID-19) outbreak has spooked markets and appears likely to significantly weaken the economy on...
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How Much Does a Payroll Tax Holiday Cost?
President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple one...
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Erskine Bowles and Henry Paulson: How to Get Americans to Love Capitalism Again
Erskine Bowles served as chief of staff to President Bill Clinton from 1997 to 1998 and is a member of the Committee for a Responsible Federal Budget...
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Maya MacGuineas: With a growing debt, a fiscally responsible blueprint is needed to handle the next recession
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Break Glass Here: A Responsible Plan to Combat the Next Recession
The United States is in the midst of one of the longest periods of sustained economic growth in its history, but there are signs that this prolonged...
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How Much Would a Payroll Tax Holiday Cost?
Update 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...
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CBO: Fixing the Debt Would Increase Income
Putting debt on a downward path could increase average income by almost $9,000 per person per year, or about 10 percent as compared to continuing on...
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Was the Federal Reserve’s Monetary Tightening Unprecedented?
In a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council director Larry...