Congressional Budget Office

UNITED STATES - JANUARY 29: Keith Hall, director of the Congressional Budget Office, testifies during a House Budget Committee business meeting in Longworth Building on Tuesday, January 29, 2019. (Photo By Tom Williams/CQ Roll Call)
New CBO Projections Are Bleak
By | April 2, 2020 4:44 p.m.
WASHINGTON, DC - The Congressional Budget Office report on the cost of the Senate healthcare bill is expected today on Capitol Hill in Washington, DC Monday June 26, 2017. The Congressional Budget Office hallways on the 4th floor of the Ford House Office Building. (Photo by Melina Mara/The Washington Post)

The congressional budget office (CBO) put out a report today on the impacts of coronavirus to the economy and it is bleak. Perhaps the most jarring nugget is they think the country could have a 9% unemployment rate at the end of 2021.

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