Category: CBO Jobs

House Democrats recently unveiled the Moving Forward Act, a bill that would invest $1.5 trillion to modernize America’s physical infrastructure.1 The legislation would get millions of Americans back to work and ensure that communities can make long-overdue improvements to highways and rail and transit systems. In addition, it goes even further to support economic recovery by investing in health care,...

AAF’s Director of Fiscal Policy Gordon Gray breaks down the key points of the Congressional Budget Office’s (CBO) newly released An Update to the Budget Outlook: 2020-2030. The analysis, the first to fully incorporate the impact of COVID-19, shows that the economic and budgetary consequences of the pandemic combine to push the United States into its highest levels of indebtedness in its history,...

Washington, D.C. – Today the Employment Policies Institute (EPI) released a statement in response to the Congressional Budget Office’s new report that estimates raising the minimum wage to $10.10 per hour will result in 500,000 fewer entry-level jobs. Michael Saltsman, EPI’s research director, released the following statement in response:The new Congressional Budget Office (CBO) report should come as a warning...