Economics

Yesterday, the Congressional Budget Office (CBO) released a new set of ten-year economic projections, illustrating the economic damage from the COVID...

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Feb 1, 2021 | Blog Paper Press Release | Economics

America Faces a $380 Billion Output Gap

Today's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic recovery, but...

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Jan 28, 2021 | Blog Paper Press Release | Economics

What Do Today's GDP Numbers Tell Us About the Output Gap?

The Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that real...

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Jan 11, 2021 | Blog Paper Press Release | Taxes| Economics

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 the...

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Jan 8, 2021 | Blog Paper Press Release | Economics

What's in the December Jobs Report

The Bureau of Labor Statistics this morning released its monthly jobs report which showed a net loss of 140,000 jobs during the month of December...

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Jan 7, 2021 | Blog Paper Press Release | Other Spending| Economics

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 trillion...

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