Blogs

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,…

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…

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.…

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…

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…