The CBO came out with its estimates for the CARES Act yesterday. The CBO notes that there are a number of significant uncertainties in their calculations which.
Their top line estimate: the bill will increase the federal deficit by $1.8 trillion over the next decade, a huge amount but also less than the overall amount of assistance the bill gives out.
https://www.cbo.gov/system/files/2020-04/hr748.pdf
This blog serves my Congress course (Claremont McKenna College Government 101) for the spring of 2024.
ABOUT THIS BLOG
I shall post videos, graphs, news stories, and other material there. We shall use some of this material in class, and you may review the rest at your convenience. You will all receive invitations to post to the blog. (Please let me know if you do not get such an invitation.) I encourage you to use the blog in these ways:
There are only two major limitations: no coarse language, and no derogatory comments about people at the Claremont Colleges.
To post questions or comments about the readings before we discuss them in class;
To follow up on class discussions with additional comments or questions.
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There are only two major limitations: no coarse language, and no derogatory comments about people at the Claremont Colleges.
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Friday, April 17, 2020
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