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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.
https://www.pgpf.org/blog/2020/09/how-did-the-fiscal-response-to-the-coronavirus-help-the-economy
About 10 percent of the population lives in poverty, and nearly half of those in poverty live in deep poverty.
Amid ongoing negotiations in Washington since the expiration of key relief programs, 89% of voters say that America needs another coronavirus economic aid package, according to the latest Financial Times-Peterson Foundation US Economic Monitor.
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
America faces many critical questions about its future. As we continue to confront a global pandemic with devastating impacts on our health, economy and society, an effective federal response is necessary to help address critical needs and get our economy back on track.
https://www.pgpf.org/what-does-the-national-debt-mean-for-americas-future
The Federal Reserve’s lending facilities are one of the many policy tools the central bank is using to stabilize the economy in response to the coronavirus (COVID-19) pandemic.
As of August 27, 2020, the Treasury has disbursed almost $27 billion of the total $32 billion allocated to the program.
The latest Financial Times-Peterson Foundation US Economic Monitor, released on August 18, 2020, reveals voter concerns on a range of complex policy challenges surrounding the pandemic, reopening schools and vaccine availability.
To date, the Paycheck Protection Program (PPP) has disbursed over $500 billion in loans to 5 million businesses, making it the largest component of the U.S.’ legislative response to the coronavirus pandemic. But has it been effective?