The Coronavirus Pandemic Continues to Cause Record Claims for Unemployment Insurance
Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.
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Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.
A range of coverage & analysis looking at what this news means for America's long-term fiscal outlook
https://www.pgpf.org/blog/2016/01/recommended-reading-cbo-highlights-the-return-to-rising-deficits
The Financial Times and the Peterson Foundation have wrapped up a year-long initiative to track voter sentiment on economic and fiscal issues.
CBO updated its budget projections this week, confirming that for the first year since 2009, deficits as a share of GDP are on the rise again.
https://www.pgpf.org/blog/2016/08/three-key-takeaways-from-the-updated-budget-projections
Under current law, the U.S. budget deficit will exceed $1 trillion each year beginning in 2022 and total $11.4 trillion over the upcoming decade.
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
Budget process rules like PAYGO help ensure that fiscal considerations are an important part of policymaking.
https://www.pgpf.org/blog/2019/01/the-house-is-returning-to-PAYGO
Economists generally agree that public investment in infrastructure has a positive effect on productivity, and therefore on gross domestic product.
https://www.pgpf.org/blog/2018/04/president-trumps-infrastructure-plan-a-closer-look
Proposed work requirements would have important implications for the program, its beneficiaries, and the federal budget.
https://www.pgpf.org/blog/2018/03/who-will-be-affected-by-medicaid-work-requirements
The latest OMB report marks the first time that the administration has acknowledged that deficits will surpass $1 trillion in the near term.
https://www.pgpf.org/blog/2018/07/trump-administration-acknowledges-trillion-dollar-deficits