Committee for a Responsible Federal Budget

COVID Money Tracker

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...
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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...

What's in the Fourth Coronavirus Package?

The Senate yesterday passed the Paycheck Protection Program and Health Care E

Unpacking the Next Phase of COVID Relief

The Senate just passed legislation to increase funding to small businesses under the Paycheck Protection Program and Economic Disaster Injury Loans
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The COVID-19 Recession Is Unfolding Faster than the Great Recession – and So Is the Response

The current economic contraction caused by the novel coronavirus (COVID-19) pandemic appears to be larger than the Great Recession and is unfolding...

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