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.…
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…
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…
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…
