CBO Releases New Economic Projections
Today, the Congressional Budget Office (CBO) released updated economic projections, i
COVID Pandemic
How Does COVID Relief Compare to Great Recession Stimulus?
Congress has enacted five pieces of legislation and committed $3.6 trillion of fiscal support so far to address public health and economic...
Webinar & Chartbook: Projecting COVID's Fiscal Impact
The United States is currently experiencing one of its sharpest economic crises in modern history as a result of the global COVID-19 pandemic and e
COVID-19 Doesn’t Justify Massive, Debt-Financed Infrastructure Spending
House Democrats yesterday released a sizeable highway and infrastructure bill, just as President Trump is also reportedly considering his own...
Treasury Data Shows Other Countries Not Buying Additional Debt
Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing...
Maya MacGuineas Joins Fox News to Discuss COVID-19 Fiscal Relief
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox News' Special Report with Bret Baier. She...
Over Half the COVID Fiscal Support is Now Out the Door
In response to the current pandemic and economic crisis, Congress and the President have enacted $4 trillion in spending, benefit payments, grants,
Treasury Reports $399 Billion Deficit in May as COVID-19 Relief Continues
The United States budget deficit for the month of May totaled $399 billion, bringing the deficit thus far for fiscal year 2020 to $1.88 trillion,...
Debunking Debt Myths in the COVID Economy
Federal debt held by the public is slated to grow by roughly $4 trillion in fiscal year 2020 and exceed the size of the economy by year’s end.
Paycheck Protection Program Flexibility Act Signed Into Law
Last week, the President signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act, which the House and ...