Our analysis has more on the unspent #COVID19 funds https://t.co/LxwmjjaiQP.
And use our interactive #COVIDMoneyTracker tool to keep tabs on #COVID spending https://t.co/sV4RsNE6Aj
Congress faces a series of fiscal deadlines this year that will force lawmakers to act on critical matters. See more deadlines at https://t.co/amz70PhDRF.
Hot off the presses: Our full analysis of today's CBO budget outlook. One tidbit: CBO projects the deficit will total $2.3 trillion (10.3% of GDP) in 2021, fall to a low of $905 billion (3.6%) in 2024, and grow to $1.9 trillion (5.7%) in 2031 https://t.co/d3AZ1OvrYY.
From our preliminary look at the new CBO budget baseline:
National debt will be slightly lower than projected late last year, but will still reach a record of 107% of GDP by 2031 https://t.co/lWoLd0cjeJ.
Stay tuned for a deeper dive later today.
"It took 19 days to distribute half the first-round [stimulus] payments last spring, but two-thirds of payments were out the door just a week after the latest bill became law, according to an analysis by the Committee for a Responsible Federal Budget."
https://t.co/KeUHg95mYe
Our new analysis shows that the $2,000 stimulus check proposal that passed the House would benefit many higher income households because the phaseout is so gradual https://t.co/am64wWBZL6
NEW: We've updated our analysis of the #COVID19 relief package that Congress just passed. Under our new central estimates, the package will cost about $920 billion and would boost economic output by $615 billion https://t.co/XifqhZObJh.
NEW: The #COVID19 relief bill Congress will vote on today will cost about $910 billion and boost economic output by $610 billion, which will close the est 2021 output gap. This is a preliminary estimate before final text is available. See more https://t.co/tVJfWUXbcG.
The prospect of Joe Biden's tax plans could set off a frenzy of music deals. We have the details on the Biden #tax plan at https://t.co/uIkeSqCEYE. #USBW2020
See what Joe Biden proposed during the campaign https://t.co/fFB40xpIPI.
See the new #COVID policies Biden campaigned on https://t.co/pWCyXcFAoX. #USBW2020