Committee for a Responsible Federal Budget

COVID Pandemic

Four Key Elements of the American Rescue Plan

In light of the ongoing pandemic and economic crisis, there has been strong int

Five Ways to Improve the House COVID Relief Package

The $1.9 trillion American Rescue Plan currently under consideration in the House includes a number of important policies to help end the pandemic,...

State and Local Governments Do Not Need Half a Trillion in COVID Relief

The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. 

Voices Skeptical of the Size of $1.9 Trillion COVID Relief Plan

Congress is currently marking up a $1.9 trillion COVID relief package using budget reconciliation.

President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison

President Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package.

How Much Would the American Rescue Plan Overshoot the Output Gap?

The Congressional Budget Office (CBO) projected on Monday that the nation’s output gap – the difference between actual economic activity and potent

America Faces a $380 Billion Output Gap

Today's economic projections from the Congressional Budget Office (CBO) show the

What Do Today's GDP Numbers Tell Us About the Output Gap?

The Bureau of Economic Analysis today released its advanced estimates for

What’s New in COVID Money Tracker?

This week we updated COVID Money Tracker with all of the major provisions from the $915 billion1

How Much COVID Relief Money Is Left?

Note: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $

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