Committee for a Responsible Federal Budget

Economics

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

The Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that real...

Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners

In her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the...

What's in the December Jobs Report

The Bureau of Labor Statistics this morning released its monthly jobs report which showed a net loss of 140,000 jobs during the month of December...

Breaking Down $3.4 Trillion in COVID Relief

With the passage of the Response & Relief Act , Congress has now allocated nearly $4 trillion of COVID relief at a net cost of over $3.4 trillion...

Maya MacGuineas Joins Fox Business to Fiscal Policy After Georgia Senate Runoffs

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox Business to discuss what the political and economic...

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 accompanying...

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. The deal in...

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 summary form back on December 1 . The...

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. Democratic...