CBO - "Answers to Questions for the Record Following a Hearing Conducted by the Senate Committee on the Budget on CBO's Budget Projections"

Title: Answers to Questions for the Record Following a Hearing Conducted by the Senate Committee on the Budget on CBO's Budget Projections Source: CBO Data/Action: Working Papers Date: 12/18/2020 Text Preview: ...disaster benefit assistance/unemployment compensation) provided to American households? How does the $44 billion in disaster relief funds provided by the Trump Administration compare to the additional $600-a-week jobless benefits established by the CARES Act, both in terms of dollar amount and impact on economic growth? Answer. The President's actions allowed use of up to $44 billion in disaster... ...been numerous new reports out detailing the serious economic risks of climate change. • In January, the Bank of International Settlements, the central... ...climate change could reach $23 trillion-three or four times the scale of the 2008 financial crisis." • In September, the Commodity Futures Trading Commission released a report on climaterelated economic risks in which it stated, "Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy. Climate change...