FISCAL BLOG

It’s important for lawmakers to consider the many available policy options for improving that outlook.

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Despite improvements to the labor market since the start of the COVID-19 pandemic, the unemployment rate remains high, especially for non-white workers. Get the facts here.

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The coronavirus pandemic has caused a severe public health crisis as well as substantial economic disruption for every American. So far, lawmakers have enacted five separate pieces of legislation.

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On December 27, 2020, the federal government enacted a relief package that included a second round of Economic Impact Payments (often referred to as “stimulus payments”) to Americans.

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A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.

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The economic impact of the coronavirus has been profound, but it has not been felt equally by all demographic groups.

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As the coronavirus (COVID-19) pandemic took hold, economic activity slowed and tax revenues in most states began to decline.

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The outbreak of COVID-19 has become both a public health and an economic crisis. In particular, the closure of many businesses has resulted in an unprecedented surge in unemployment claims in the United States.

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Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.

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While there is no single ideal way to deal with such a complex policy challenge as the pandemic, we can glean insights about how our responses have been working.

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Understanding the Coronavirus Crisis

Key fiscal and economic indicators as the nation responds and recovers.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.