How Did Americans Spend Their Stimulus Checks and How Did It Affect the Economy?
The way in which Americans have been spending their stimulus checks has differed across each round of payments.
Read MoreHow Does the Republican Infrastructure Plan Compare to President Biden’s Proposal?
Let’s take a closer look at the key components of the Senate Republican infrastructure proposal, highlighting some of the differences between it and the American Jobs Plan in terms of scope and potential pay-fors.
Read MoreUnited States Projected to See Rapid Economic Growth — the Highest among Developed Countries
Economists don’t always agree — but there is a wide consensus developing that the United States is in store for rapid economic growth.
Read MoreThe Economy Is Getting Close to Its Pre-Pandemic Level
The continued economic recovery and reopening of businesses has been fueled by COVID relief programs and an accelerating vaccination effort.
Read MoreCould COVID Relief Lead to Inflation? Here’s What Economists Are Saying
Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.
Read MoreHow Much of the Latest Federal Stimulus Will Go to State and Local Governments?
One key component of the $1.9 trillion package is an estimated $362 billion in federal aid to state, local, territorial, and tribal governments to cover expenditures incurred due to the public health emergency.
Read MoreHow Is the Government Supporting Small Businesses During the Coronavirus Pandemic?
America’s small businesses have been severely impacted by the pandemic — and lawmakers have focused a significant part of federal relief on helping them.
Read MoreLong-Term Unemployment Has Quadrupled, and That’s a Problem for the Economy
The long-term unemployed now account for 42 percent of all unemployed workers, up from 19 percent before the pandemic.
Read MoreHow Has the Coronavirus Pandemic Affected Federal Spending on SNAP?
Since April 2020, the federal government has spent an average of $9 billion per month on SNAP.
Read MoreIt’s Been 28 Years Since We Last Raised the Gas Tax, and Its Purchasing Power Has Eroded
The decline in purchasing power has important implications for the federal budget and our nation’s infrastructure.
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