Committee for a Responsible Federal Budget

Economics

Economics Issue Area
Feb 3, 2021 | Blog Paper Press Release | Economics

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

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Jan 28, 2021 | Blog Paper Press Release | Economics

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

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Latest

Jul 30, 2020 | Blog Paper Press Release | Economics

Did GDP Fall by One-Third?

In their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) report , several news outlets have used the...
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Jul 20, 2020 | Blog Paper Press Release | Economics

Income Has Risen Through the COVID Recession But That May Soon Change

Despite the sharpest economic contraction is modern history, personal income has actually grown since the COVID-19 crisis started through May. While...
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Jul 15, 2020 | Blog Paper Press Release | Economics

How Big Should the Next COVID Package Be?

With over $2 trillion of fiscal support now out the door, Congress is considering additional legislation to help stabilize the economy, support the...
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Jul 2, 2020 | Blog Paper Press Release | Budgets & Projections| Economics

CBO Releases New Economic Projections

Today, the Congressional Budget Office (CBO) released updated economic projections , incorporating the economic damage from the COVID-19 pandemic...
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Jul 1, 2020 | Blog Paper Press Release | Economics

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 crises...
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Jun 15, 2020 | Blog Paper Press Release | Economics

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 that took...
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May 22, 2020 | Blog Paper Press Release | Economics

Chartbook: The COVID-19 Crisis and Federal Response

The economic crisis sparked by the COVID-19 pandemic has been sharper and more dramatic than any we have experienced in our nation’s history...
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May 20, 2020 | Blog Paper Press Release | Economics

CBO Releases Interim Economic Projections

The Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during...
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May 11, 2020 | Blog Paper Press Release | Economics

Is the Fed Buying Our New Debt?

So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy . In combination with...
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