Committee for a Responsible Federal Budget

Economy

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 accom

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

What's in the Final COVID Relief Deal of 2020?

Lawmakers passed a new COVID relief deal on December 21, 2020, which was subsequently signed into law by the President on December 27.

What’s in the Bipartisan COVID Relief Bill?

Lawmakers Monday released the full text of a $908 billion bipartisan stimulus package, which was released in

Could a COVID Relief Deal Close the Output Gap?

Policymakers from both parties have endorsed plans to provide over $900 billion of COVID relief as part of a year-end funding deal.

Policymakers Should Avoid Austerity in Addressing the Debt

The economy remains weak and may be headed for a double-dip recession this winter. Though COVID relief enacted to date has been largely successful in...
Students walking in a corridor

Canceling Student Loan Debt Is Poor Economic Stimulus

Facing a weak economy still suffering from the effects of the COVID-19 pandemic, there have been a number of calls for President-elect Joe Biden to...

Maya MacGuineas: The national debt still matters, despite low interest rates

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt.

GDP Did Not Just Increase 33%

Today's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth.

Comparing Fiscal Multipliers

The United States is currently facing one of its worst economic and public health crises as a result of COVID-19.

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