In light of the
current state of the economy, it appears likely that Congress will pass another
stimulus package...
The Committee for a Responsible
Federal Budget recognizes that there is a strong enough risk of a prolonged
recession that a fiscal stimulus package may well make sense. Given the many
risks associated with a significant downturn, it makes sense to err on the side
of caution in determining whether more stimulus is appropriate. Assuming
Congress proceeds with plans to offer some type of stimulus package, CRFB
offers three recommendations.