FISCAL BLOG

The rise in healthcare spending was largely driven by the federal response to the COVID-19 pandemic.

The strong rebound in 2021 was partially due to the high economic growth experienced in the fourth quarter.

Federal outlays for Unemployment Insurance are rapidly returning to previous levels. Nevertheless, unemployment remains higher than pre-pandemic levels.

Here are some notable trends showing how lower levels of government have spent some of their relief funds.

In 2022, America faces key questions about rising inflation, new COVID variants, growing national debt and an uncertain economic recovery. To help shed light on a complex set of factors and indicators, the Peterson Foundation brought together two leading experts for the latest edition of the Economic Forum.

Although the costliest measures are anticipated to contribute the most to the economy, CBO found those measures are not necessarily expected to provide the most bang for the buck.