Economy

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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 (...
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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...

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...

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 ...

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...

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...

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...
Mar 3, 2020 | Blog Paper Press Release | Taxes

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...
Erskine Bowles

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...

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...

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