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On June 4, roughly 25 young professionals gathered together (remotely), stared at computer screens and watched an animated video over Zoom. Since it happened to be a beautiful evening in late spring in New Hampshire, they either really liked cartoons…


The economic devastation imposed by the coronavirus has been swift, steep, and wholly unlike any prior recession. In March, the government purposely induced a nationwide economic coma to curb the spread of the deadly coronavirus and deployed bazookas of money…


Jun 11, 2020
It seemed to go without saying, but on Monday June 8th, the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) made it official: The U.S. economy entered a recession in February 2020. It marked the end…


The Congressional Budget Office recently revised its forecast of key economic variables that drive the agency’s projections of federal spending and revenues. As the U.S. economy shuddered to a virtual halt in March in response to the global health pandemic,…


On June 6, 1944, D-Day, General Theodore Roosevelt, Jr. landed with his troops on Utah Beach in Normandy France. The son of former president Theodore Roosevelt, he was the oldest man to go ashore that day and the only one…


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…

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