Latest
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What's in the December Jobs Report
The Bureau of Labor Statistics this morning released its monthly jobs report which showed a net loss of 140,000 jobs during the month of December. The...
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Breaking Down $3.4 Trillion in COVID Relief
With the passage of the Response & Relief Act, Congress has now allocated around $4 trillion of COVID relief at a net cost of over $3.4 trillion...
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2021 Deficit On Course to Hit $2.3 Trillion
In light of the enactment of the year-end spending and COVID relief deal, we estimate the deficit will total $2.3 trillion for Fiscal Year (FY) 2021...
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Maya MacGuineas Joins Fox Business to Fiscal Policy After Georgia Senate Runoffs
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox Business to discuss what the political and economic...
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Maya MacGuineas Joins CNN to Discuss Healing Political Divisions
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on CNN to discuss how President-Elect Joe Biden can work to...
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Our Top 20 Charts of 2020
2020 was a busy year for fiscal policy, which gave us ample opportunities to conduct substantive policy analyses using charts and tables. This year...
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Would $2,000 Stimulus Checks Go to Six-Figure Households?
The House approved the CASH Act Monday to increase recently enacted stimulus checks from $600 to $2,000 per person. Some of those hesitant about the...
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How Much Would $2,000 Checks Cost?
With the enactment of the Response & Relief Act yesterday, policymakers in both parties have called for expanding recovery rebates from $600 per...
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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...