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A worker from a Servpro disaster recovery team wearing a protective suit and respirator peers out a window as he waits to exit the Life Care Center in Kirkland, Wash. for a break from cleaning the facility, Wednesday, March 11, 2020, near Seattle. The nursing home is at the center of the outbreak of the COVID-19 coronavirus in Washington state.
Business

Lost decade: Budget office projects $16 trillion in lost output because of pandemic

Jay Heflin -
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Budget office projects unemployment near 9% at end of 2021 even as social distancing eases
Economy

Budget office projects unemployment near 9% at end of 2021 even as social distancing eases

Nihal Krishan -
0
Senate Minority Leader Mitch McConnell said in a floor speech Thursday that Democrats are trying to shut everyone else out of the political process. (AP File)
Economy

Republicans worry about national debt after coronavirus costs explode

Nihal Krishan -
0
Pedestrians cross a street as one of them prepares his face mask in western Tehran, Iran, Saturday, Feb. 29, 2020. Iran is preparing for the possibility of "tens of thousands" of people getting tested for the new coronavirus as the number of confirmed cases spiked again Saturday, Health Ministry spokesman Kianoush Jahanpour said, underscoring the fear both at home and abroad over the outbreak in the Islamic Republic.
Beltway Confidential

CBO says coronavirus debt to exceed World War II record

Philip Klein -
0
FILE - In this Wednesday, May 18, 2016, file photo, a woman passes a "We're Hiring!" sign while entering a clothing store in the Downtown Crossing of Boston. On Wednesday, Sept. 7, 2016, the Labor Department reports on job openings and labor turnover for July.
Beltway Confidential

The CBO doubts the coronavirus results in a V-shaped recovery

Tiana Lowe Doescher -
0
Grim new CBO projections: Unemployment worse than in Great Recession through 2021
Economy

Grim new CBO projections: Unemployment worse than in Great Recession through 2021

Nihal Krishan -
0
Miscellaneous Tariff Bills serve as a workaround for some lawmakers to send pork to constituents back home. (Thinkstock)
Business

Congressional scorekeeper estimates enacted pandemic relief bill will cost $1.8 trillion

Jay Heflin -
0
Congress is considering a budget deal that would implement $17 billion in retroactive, temporary tax breaks. Separate from the tax cuts President Trump signed in December, the Joint Committee on Taxation, Congress' tax experts, estimated Thursday that the cuts would cost just under $17 billion altogether. (AP Photo/Alex Brandon)
Economy

Coronavirus relief package contains $600B in tax cuts

Nihal Krishan -
0
Sens. Elizabeth Warren and Bernie Sanders are seen.
Beltway Confidential

Democratic candidates’ payroll tax hikes will hamper the economy

Garrett Watson -
0
CBO report shows Washington in denial over entitlements
Editorials

CBO report shows Washington in denial over entitlements

Washington Examiner -
0
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