The Trump administration’s failure to respond to the coronavirus pandemic and the subsequent economic fallout has exacerbated both crises in the United States.
Only the federal government has the resources to make the necessary investments in people, communities, businesses, and public services to avoid unnecessary harm to the economy over the longer term.
Flying cars will turbocharge sprawl and weaken the social cohesion that comes from shared experiences and geographic proximity that is essential to building consensus in a democracy.
Without substantial, immediate, direct aid to local governments, first responders, teachers, and millions of other vital local government employees will be put out of work—and this will also make the recession deeper and more long lasting.
Assisting business liquidity is a crucial part of the policy response to today’s economic crisis. While some business tax measures can be helpful, policymakers must ensure that such measures are well-targeted, temporary, and effective, setting the stage for strengthening the corporate tax in the years ahead.
The Fed plan to extend trillions of dollars in credit to support the economy during the COVID-19 crisis is needed, but significant changes are required to make the program transparent, accountable, and equitable.
David Madland outlines how state and federal governments can support workers and protect public health during the coronavirus pandemic.
The Federal Reserve must reverse course on costly bank capital mistakes that have increased the vulnerability of the banking system in the face of the coronavirus pandemic.
As Congress and the administration consider an additional stimulus package, they should put in place necessary public health protections while providing robust aid to families, workers, and communities for as long as the crisis lasts.
To address the fact that economic shocks caused by climate change will reduce state and local tax collections and increase infrastructure costs—creating additional risks for municipal bond investors—state and local issuers should adopt new climate risk disclosure standards to ensure accurate risk assessment and bond pricing.
A new CAP analysis of U.S. Census Bureau data reveals same-sex couples have endured higher rates of unemployment nearly every year since 2014.
The effects of the coronavirus will persist for months or years. In order to return to normal, Congress’ next relief package must build in automatic triggers where possible, pairing short-term relief with long-term, ongoing support.
A Georgia small-business owner explains why reopening state economies too soon is a terrible idea.
The coronavirus will cause devastation when it hits rural America; policymakers must prepare now to prevent this calamity.
The public health and economic recovery hinge on the effective implementation and oversight of Congress’ coronavirus legislation.