Tag: cbo monthly budget review

Rick Scott Asks CBO on How Coronavirus Pandemic has Impacted Federal Revenue Loss

On Wednesday, U.S. Sen. Rick Scott, R-Fla., sent a letter to Congressional Budget Office (CBO) Director Phillip Swagel asking him about the impact of the coronavirus on federal revenue losses. This follows the CBO’s Monthly Budget Review for April 2020, which reported that the federal deficit stood at an estimated $737 billion in the month of April, compared to a surplus of $160 billion in April 2019.
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