The economy will require as long as a decade to recover from the coronavirus pandemic, the Congressional Budget Office says. The CBO has cut its forecast for economic output from 2020 to 2030 by $7.9 trillion, or 3% of GDP.
The economy will require as long as a decade to recover from the coronavirus pandemic, the Congressional Budget Office says. The CBO has cut its forecast for economic output from 2020 to 2030 by $7.9 trillion, or 3% of GDP.