ABSTRACT

Fiscal Policy and Recovery from the COVID-19 Recession [Updated February 1, 2021]   [open pdf - 1MB]

From the Summary: "The economic contraction that began in February 2020 differs from previous contractions, including the Great Depression of the 1930s and the Great Recession of 2007-2009. It was caused in large part by concerns about the spread of the Coronavirus Disease 2019 (COVID-19) and government policies aimed at limiting person-to-person contact. The health concerns of the public and the stay-at-home and shutdown orders designed to limit contact reduced cash flow to businesses and increased the number of unemployed workers."

Report Number:
CRS Report for Congress, R46460
Author:
Publisher:
Date:
2021-02-01
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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