FISCAL BLOG

Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.

As the White House and Congressional leaders continue to discuss additional coronavirus (COVID-19) legislation, a pair of top policy experts offered insights into the state of the economy, the effectiveness of relief legislation enacted thus far and what it all means for the election and beyond.

The CARES Act granted stimulus checks to Americans to mitigate economic damage, but was it effective? Find out how stimulus checks affected the economy.

COVID-19 has contributed to a rising gap between federal spending and revenues. Find out just how wide that gap is.

Military activities are funded by federal appropriations to the Department of Defense. Learn more about how military spending is used to meet national priorities in war zones.

Despite the increased federal deficit, the expansion of safety net programs have led to generally effective stimulus of the economy. Learn more in our analysis of several programs including Unemployment Insurance, SNAP, and Medicaid.

Spending on children is shrinking as a percent of GDP.

The coronavirus (COVID-19) pandemic has caused federal spending on Medicaid to rise sharply as millions of Americans seek benefits under the program.

The first piece in our series on the effectiveness of the fiscal response to the coronavirus pandemic, will take a look at how the government’s response to the pandemic affected the nation’s economy.

Here are five key takeaways from CBO’s latest projections that show the path of federal revenues, spending, and debt through 2050.