The novel coronavirus that began sickening patients in China in early December 2019 has spread across the globe. The federal fiscal response to the outbreak in the U.S. has properly focused on two objectives: fight the virus and stabilize the…
After months of bickering and delay, House and Senate negotiators finally agreed to compromise on a much-needed fifth installment of COVID-19 relief for individuals and small businesses. Though wrapped up in mammoth legislation carrying the 12 annual funding bills for…
As an eager nation waits for state officials to certify results of the 2020 elections, Congress and the president (both this year’s and next) face a crowded agenda filled with urgent policy deadlines. While some political strategists predict continued gridlock,…
Preliminary budgetary results for the 2020 fiscal year, which ended on September 30, have been released by the Congressional Budget Office (CBO). In the Monthly Budget Review for September, the CBO reports that the unofficial budget deficit for 2020 was…