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Concord Coalition executive director Bob Bixby recently moderated a policy discussion on Covid-19, the economy and the federal budget. The event was sponsored by Center Forward, an organization devoted to bringing together Members of Congress and Washington, DC organizations in…


May 27, 2020
One silent victim of the coronavirus pandemic is the 2020 congressional legislative agenda. As the virus took hold in the United States, lawmakers in the House and Senate rightly jettisoned their to-do lists to focus exclusively on emergency relief legislation.…


Moving rapidly to pass the next installment of COVID-19 pandemic relief, on May 15 the U.S. House of Representatives passed H.R.6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or the HEROES Act. Although the Congressional Budget Office has…


After four weeks of record-shattering initial unemployment insurance claims, the most recent jobs report revealed what most Americans already knew: the current U.S. employment situation is dire. Total nonfarm employment fell by 20.5 million in April, wiping out a decade…


Every month, the nonpartisan Congressional Budget Office looks back at revenue and expenditures for the prior month, analyzes the trends, and provides lawmakers with a snapshot of the budget’s performance to-date for the current fiscal year, relative to expectations. The…


Federal Reserve Board chairs do not often comment on U.S. fiscal policy, so it was unusual last week when the current chair, Jerome Powell, said in a press conference, “This is the time to use the great fiscal power of…


Last year, The Concord Coalition began a new project exploring the building blocks of a fiscally responsible economic growth agenda. The project focused on health care reform, workforce growth, productivity investments, worker training and sustainable solvency for Social Security. In…


The non-partisan Congressional Budget Office just released revised economic, deficit, and debt forecasts for fiscal years 2020 and 2021. These projections reflect dramatic changes in the U.S. economy resulting from the outbreak of the novel coronavirus and subsequent fiscal policy…


The federal fiscal response to the coronavirus outbreak in the U.S. has properly focused on two objectives: fight the virus and stabilize the domestic economy. To date, Congress and the president have enacted three pieces of emergency legislation, each one…


This post was written by Cole Stenholm, a Legal Policy Extern from the Texas A&M University School of Law. Two new reports from international organizations shed light on the coronavirus’s economic impact. A report from the International Monetary Fund (“IMF”)…


Before the ink was dry on the $2 trillion CARES Act, the third and largest coronavirus rescue package enacted to date, it was evident that Congress would need to pass another. Over 10 million Americans have filed for unemployment insurance…


It seems likely that when Phil Swagel took over as director of the Congressional Budget Office (CBO) last June he did not think he would need to include assumptions about “social distancing” as part of the cost estimates the agency…

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