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Tag: Congressional Budget Office


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Biden’s ‘go big’ stimulus has kicked off a huge debate about just how big a hole the pandemic punched in the economy

February 19, 2021

Via: Markets Insider

Congressional Democrats and President Joe Biden are betting there’s a bigger hole in the US economy than some government models suggest. The main conflict around Biden’s $1.9 trillion stimulus plan has to do with a fairly simple concept: the output […]


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CBO projects 4.6% growth in Biden’s first year, jobs lag

February 1, 2021

Via: ABC News

The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Monday. The 10-year outlook said the economic recovery from […]