Committee for a Responsible Federal Budget

COVID Pandemic

Families First Coronavirus Response Act Will Cost $192 Billion

Last week, the Congressional Budget Office (CBO) scored the Families First Coronavirus Response Act (FFCRA), the second of three packages...
Concept_Stock Market_Recession

CBO Updates Economic Baseline in Wake of COVID-19

In anticipation of a score of the Families First Coronavirus Response Act (the second coronavirus response bill), the Congressional Budget Office (...
Mar 31, 2020 | Blog Paper Press Release | Taxes

Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis

With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering retroactively raising the $...
Mar 31, 2020 | Blog Paper Press Release | Taxes

Loosening the SALT Cap is Poorly Targeted

The third COVID-19 relief bill was signed on Friday, and lawmakers are now starting to propose ideas for the next round of stimulus....

A Visualization of the CARES Act

The President yesterday signed into law the CARES Act, a $2.3 trill

What's in the $2 Trillion Coronavirus Relief Package?

Updated on 4/21/2020 and 4/29/2020 to reflect the Congressional Budget Office's (CBO) esti

These Provisions Have No Place in an Emergency Bill

Negotiators continue to work on a third response bill to the coronavirus (COVID-19) pandemic, with legislation proposed today by&nbs

New CBO Baseline Reaffirms Challenge of Coronavirus Response

The Congressional Budget Office (CBO) today released its updated budget projections. Although the new baseline doesn’t incorporate the anticipated...

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