Latest
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CBO Updates Economic Baseline in Wake of COVID-19
In 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
For 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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Loosening the SALT Cap is Poorly Targeted
The third COVID-19 relief bill was signed on Friday, and lawmakers are now starting to propose ideas for the next round of stimulus. House Speaker...
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Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis
For Immediate Release With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering...
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CBO Releases Its Own Estimate of the President's FY 2021 Budget
The Congressional Budget Office (CBO) just released its estimate of the President’s Fiscal Year (FY 2021) budget. CBO’s analysis shows that debt and...
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CBO’s Analysis of the President’s FY 2021 Budget
Today, the Congressional Budget Office (CBO) released its analysis of the President’s Fiscal Year (FY) 2021 budget using its own assumptions to...
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A Visualization of the CARES Act
The President yesterday signed into law the CARES Act, a $2.3 trillion relief package aimed at ameliorating some of the effects of the economic...
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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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CBO Updates Budget Projections Before Coronavirus Impact
Today, the Congressional Budget Office (CBO) released its updated budget projections, showing the national debt is on an unsustainable path. Under CBO...
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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...