Over the last year, Congress has come together five times to pass massive, bipartisan bills totaling roughly $4 trillion in relief measures to help American families and businesses weather the pandemic.
This bipartisan approach has been constructive, and recent economic projections from the Congressional Budget Office (CBO) provide proof of their effectiveness. The CBO estimates that already-enacted pandemic-related provisions, built upon the strong fiscal policy foundation we already had in place, will provide a robust economic recovery, with growth of 3.7 percent over the course of 2021.