The annual economic projections of the Congressional Budget Office (CBO) underpin the agency’s budget estimates. In a normal year, the new economic projections are released as part of the January budget baseline, and while budget updates are issued at various…
As policymakers put together a nearly $1.9 trillion COVID-19 relief package, using the reconciliation process as the vehicle for passage, Concord Coalition Policy Director Tori Gorman has been explaining how the process works, restrictions within it, the political fault…
WASHINGTON -- The Concord Coalition said that today’s baseline projections by the Congressional Budget Office (CBO) are a strong reminder that the budget is on an unsustainable path, not because of the massive short-term deficit spending incurred to support the…
President Biden has proposed an ambitious 100-day agenda, starting with passage of a $1.9 trillion COVID relief and recovery bill. But in an evenly divided Senate, finding the necessary votes to avoid a legislative filibuster will be difficult as many…
