Committee for a Responsible Federal Budget

COVID Money Tracker

Webinar & Chartbook: What's the Status of COVID Relief Money?

On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, the most sweeping economic...

Committee President Maya MacGuineas Testifies on Need for Improved Oversight, Accountability of COVID-19 Relief Funds

Committee for a Responsible Federal Budget president Maya MacGuineas will testify today, June 3, before a newly established committee of federal...

Maya MacGuineas Testifies at COVID-19 Fiscal Oversight Hearing

To ensure oversight of the trillions of dollars in economic relief authorized to fight the COVID-19 pandemic and resulting economic downturn, the...

Maya MacGuineas's Testimony on Pandemic Response Oversight

On June 3, 2020, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Pandemic Response Accountability Committee...
Concept_DC_Capitol Building Sunrise

2 Months In – The CARES Act and Other COVID Relief

On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the most sweeping economic recover

What's in the $3 Trillion HEROES Act?

Updated on 6/3/2020 to reflect CBO's estimate of the HEROES Act.

Chartbook: The COVID-19 Crisis and Federal Response

The economic crisis sparked by the COVID-19 pandemic has been sharper and more dramatic than any we have experienced in our nation’s history.

CBO Releases Interim Economic Projections

The Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during...
May 15, 2020 | Blog Paper Press Release | Taxes

75% of Economic Impact Payments Have Been Paid So Far

The $1.7 trillion CARES Act included an estimated $293 billion for direct payments to individuals, officially deemed “Economic Impact Payments...

Fed Mortgage-Backed Security Purchases Reached a New Record

The Federal Reserve purchased nearly $180 billion in Mortgage-Backed Securities (MBS) last week, more than any week in history — including...

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