Committee for a Responsible Federal Budget

COVID Money Tracker

Chartbook: The COVID-19 Crisis and Federal Response

The economic crisis sparked by the COVID-19 pandemic has been sharper and more dramatic than any we have experienced in our nation’s history.

CBO Releases Interim Economic Projections

The Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during...
May 15, 2020 | Blog Paper Press Release | Taxes

75% of Economic Impact Payments Have Been Paid So Far

The $1.7 trillion CARES Act included an estimated $293 billion for direct payments to individuals, officially deemed “Economic Impact Payments...

Fed Mortgage-Backed Security Purchases Reached a New Record

The Federal Reserve purchased nearly $180 billion in Mortgage-Backed Securities (MBS) last week, more than any week in history — including...

COVID Response: How Much Money Has Been Made Available So Far?

The fiscal and monetary policy response to the COVID-19 pandemic and subsequent economic crisis has been both swift and substantial.

Is the Fed Buying Our New Debt?

So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination...

The $6 Trillion Dollar Question – Who Will Buy Our Debts?

The current economic crisis and extraordinary economic interventions to combat it will mean substantial new borrowing on top of an already precarious...

COVID Money Tracker: Paycheck Protection Program

The Paycheck Projection Program (PPP) was established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help small businesses...
Concept_Airplane

COVID Money Tracker: Airline Worker Support

Of the $2.2 trillion in fiscal support made available under the CARES Act, roughly $60 billion was allocated specifically to the airline...

Webinar & Chartbook: Unpacking the Next Phase of COVID-19 Relief

The Senate earlier this week passed the Paycheck Protection Program and Health Care Enhancement Act – the fourth piece of legislation aimed...

Pages