FISCAL BLOG

The way in which Americans have been spending their stimulus checks has differed across each round of payments.

Let’s take a closer look at the key components of the Senate Republican infrastructure proposal, highlighting some of the differences between it and the American Jobs Plan in terms of scope and potential pay-fors.

While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose financial burdens on borrowers.

Economists don’t always agree — but there is a wide consensus developing that the United States is in store for rapid economic growth.

The continued economic recovery and reopening of businesses has been fueled by COVID relief programs and an accelerating vaccination effort.

Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.

Generally, states with larger populations have been receiving more federal dollars from COVID-19 relief programs as such states typically have more unemployed persons, small businesses, and healthcare providers to which that relief has been targeted.

One key component of the $1.9 trillion package is an estimated $362 billion in federal aid to state, local, territorial, and tribal governments to cover expenditures incurred due to the public health emergency.

America's small businesses have been severely impacted by the pandemic — and lawmakers have focused a significant part of federal relief on helping them.

The number of individuals experiencing long-term unemployment (lasting 27 weeks or longer) has quadrupled during the coronavirus (COVID-19) pandemic.