CBPP Reports Robust COVID-19 Relief Bills Bolstered the Economy

Date Published: 
March 10th, 2022

Center on Budget and Policy Priorities (CBPP) reports that the enactment of $3.3 trillion COVID-19 relief bills in 2020 and another $1.3 trillion through the American Rescue Plan in 2021 helped make the COVID-19 recession the shortest on U.S. record and helped to fuel an economic recovery that has brought the unemployment rate down to 4 percent. In comparison with the Great Recession of 2007-2009, CBPP found that two years after the Great Recession began unemployment was at 9.9 percent and food insecurity remained one-third above its pre-recession level. CBPP attributes the differences in the speed of economic recovery between the two recessions to the large-scale investments and broad and innovative policy approaches that have been realized during the COVID-19 pandemic. This report outlines the impact of $480 million in economic impact payments to most households, ranging from $600 to $1,400 per adult and $500 to $14,00 per child (or other dependent in the third round of funding), pandemic unemployment insurance, child tax credit, health coverage, paid leave, food, housing, and emergency cash assistance.

Read Report  

CLPHA Program(s): 
Resource type(s): 

Sorry, this content is only available to members.

If you're a member of CLPHA, please click here to log in.

If you have not created your CLPHA.org account, it’s easy to create one. Click here for step-by-step instructions.

You can also click here to watch a webinar site tour that shows CLPHA members how to create website accounts for themselves and provides an overview of the site's functionality.

Otherwise, we invite you to learn more about the many benefits of CLPHA membership.