CBO Compares Budgetary Effects of Pandemic Relief Laws

CBO Compares Budgetary Effects of Pandemic Relief Laws

U.S. Congressional Budget Office

Of the four laws enacted in March and April to provide relief from the coronavirus pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) is projected to have the biggest deficit impact with an increase of $1.7 trillion over 10 years, the Congressional Budget Office said in a June comparison of the laws’ budgetary effects.

<a href="/lr/resolve//2c9k8">Families First Coronavirus Response Act (P.L. 116-127)</a>

Of the four laws enacted in March and April to provide relief from the coronavirus pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) is projected to have the biggest deficit impact with an increase of $1.7 trillion over 10 years, the Congressional Budget Office said in a June comparison of the laws’ budgetary effects.

Of the four laws enacted in March and April to provide relief from the coronavirus pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (<a href="/lr/resolve//2cbkn">P.L. 116-136</a>) is projected to have the biggest deficit impact with an increase of $1.7 trillion over 10 years, the Congressional Budget Office said in a June comparison of the laws’ budgetary effects.