Committee for a Responsible Federal Budget

COVID Pandemic

A Closer Look at the Record $3.1 Trillion Deficit in FY 2020

The Treasury Department released its final Monthly Treasury

Update: COVID-Related State & Local Aid Will Total $280 Billion

Our update to COVID Money Tracker this week incorporated new Medicaid estimates from the Congressional Budget Office (CBO). These new...

Comparing Fiscal Multipliers

The United States is currently facing one of its worst economic and public health crises as a result of COVID-19.

COVID Relief Includes $360 Billion of State and Local Aid

This analysis has been updated based on new infor

$2.2 of $4 Trillion in Fiscal Relief is Out the Door

We update our interactive COVID Money Tracker tool every week to reflect new COVID re
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CBO Projects Debt Will Reach New Record

The Congressional Budget Office (CBO) just released its updated Budget Outlook, showing th
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How Much COVID Relief Have Public and Private Schools Received?

At least $42 billion has been committed or disbursed to the education sector from COVID relief legislation. We estimate:

$412 Billion in COVID Funds Are Earmarked for the Health Industry

Our state-of-the-art interactive COVID Money Tracker tool can be used to see that at least $412 billion of COVID releif funds have been...

Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve

Janet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the Feder

How Much COVID Relief Has Been Spent So Far?

Our brand new, state-of-the-art interactive COVID Money Tracker tool follows every dollar authoriz

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