Category Archives: Congressional Budget Office

House coronavirus oversight panel asks five companies to return loans meant for small businesses

Lauren Fox and Clare Foran of CNN – The House Oversight Committee’s new select coronavirus oversight panel sent letters to five different companies on Friday asking them to return loans they received from the Paycheck Protection Program set up during the pandemic to aid struggling small … Continue reading

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Congressional Budget Office details coronavirus economic shock

David Lerman in Roll Call – The CBO sees the U.S. economy shrinking 40 percent, unemployment hitting 15 percent and the deficit approaching $4 trillion. Continue…

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