Committee for a Responsible Federal Budget

Economic Recovery Measures

America Faces a $380 Billion Output Gap

Today's economic projections from the Congressional Budget Office (CBO) show the

How Much COVID Relief Money Is Left?

Note: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $

Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners

In her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping...

Four-Fifths of Stimulus Checks Have Been Sent

In the first three days of distributing the second round of stimulus checks approved by Congress in the

Breaking Down $3.4 Trillion in COVID Relief

With the passage of the Response & Relief Act, Congress has now allocated nearly $4 trillion of COVID relief at a net cost of over $3.4...
Concept_Myths

Would $2,000 Stimulus Checks Go to Six-Figure Households?

The House approved the CASH Act Monday to increase recently enacted stimulus checks from $600 to $2,000 per person. Some of those...

How Much Would $2,000 Checks Cost?

With the enactment of the Response & Relief Act yesterday, policymakers in both parties have called for expanding recovery rebates from $600...

The Response & Relief Act Would Support the Economic Recovery

President Trump is yet to sign the year-end bill that contains the Coronavirus Response & Relief Supplemental Appropriations Act and accom

The Response & Relief Act Would Boost Income To Record Levels

Unlike in past recessions, personal income has grown during the current crisis as a result of the aggressive
Dec 23, 2020 | Blog Paper Press Release | Taxes

Omnibus Package Includes $135 Billion of Unrelated Tax Breaks

The omnibus package includes government funding for the rest of fiscal year 2021 and

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