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Fiscal Policy and Recovery from the COVID-19 Recession.

Authors :
Gravelle, Jane G.
Marples, Donald J.
Source :
Congressional Research Service: Report; 2/1/2021, preceding p1-20, 23p
Publication Year :
2021

Abstract

The article offers an overview of the state of the U.S. economy and explores the fiscal measures taken in response to the economic downturn caused by the COVID-19 pandemic. It discusses the two forms of fiscal policy responses during an economic downturn, the theoretical and empirical effects of fiscal policy, and an outlook on federal debt.

Details

Language :
English
ISSN :
07317069
Database :
Complementary Index
Journal :
Congressional Research Service: Report
Publication Type :
Report
Accession number :
150111048