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
COVID Money Tracker
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...
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...
COVID Response: How Much Money Has Been Made Available So Far?
The fiscal and monetary policy response to the COVID-19 pandemic and subsequent economic crisis has been both swift and substantial.
Is the Fed Buying Our New Debt?
So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination...
The $6 Trillion Dollar Question – Who Will Buy Our Debts?
The current economic crisis and extraordinary economic interventions to combat it will mean substantial new borrowing on top of an already precarious...
COVID Money Tracker: Paycheck Protection Program
The Paycheck Projection Program (PPP) was established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help small businesses...