Committee for a Responsible Federal Budget

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An Update on the Paycheck Protection Program

The Paycheck Protection Program is one of the larger and most well-known initiatives that has been created to support small businesses during the...

Charlie Stenholm: We will have to face rising national debt

Charlie Stenholm is a senior policy advisor at Olsson Frank Weeda, P.C., and a member of the Committee for a Resonsible Federal Budget. He recently...

Eugene Steuerle: This is not your grandfather's debt problem

Now that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during World War...

What's in the $3 Trillion HEROES Act?

Updated on 6/3/2020 to reflect CBO's estimate of the HEROES Act. The House recently approved the HEROES Act designed to further address the public...

Tim Penny: Pandemic-related federal aid: Make it fast, but also make it prudent

The reason to maintain fiscal order during a strong economy is to make room for a robust fiscal response during times of crisis. Looking back, it’s...

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 during the...

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. We have been...

Join Us on Giving Tuesday to Help Those in Need

As the country continues to combat COVID-19, the Committee for a Responsible Federal Budget is coming to you with a unique request. While the scale...

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...