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Breaking Down the Coronavirus Relief Spending — How Much Direct Aid Has Gone out the Door So Far?

Policymakers have authorized an estimated $3.6 trillion in federal spending to help counter the economic effects of the coronavirus pandemic.

First Economic Growth Report under the Coronavirus: Real GDP Falls 4.8% in First Quarter

The decrease in GDP in the first quarter was driven by a decline in consumption and investment.

Five Troubling Takeaways from the Latest CBO Report

The U.S. long-term fiscal outlook is notably worse than last year.

Four Key Takeaways from the Latest 2020 Unemployment Data

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

Legislation to Fight Coronavirus Pandemic Has Reduced Federal Revenues by $500 Billion

Coronavirus relief legislation is expected to increase federal deficits by $2.4 trillion over the next decade.

National Debt to Measure Nearly Double the Size of the Economy in 30 Years

The COVID-19 pandemic has led to a considerable increase in spending — but our long-term debt was already on an unsustainable path.

Here Are Some Holes in the Social Safety Net That the Pandemic Highlighted

The unprecedented size of the economic disruption, however, put the safety net to the test, revealing weaknesses that often prevented support from reaching some of the neediest families in a timely manner.

Recession Remedies in the Face of High Inflation

“Well-designed fiscal policy should help the hardest-hit and most vulnerable families,” writes Wendy Edelberg.

Budget Terms and Processes

Understanding what’s happening on Capitol Hill requires an understanding of the federal budget process. Here is a guide to some terms used regularly.

Why You Should Care That 2017 Tax Cuts Will Add to the National Debt

Piling on more debt can harm our economy by crowding out private investment, reducing our fiscal flexibility, and lowering confidence and certainty.