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The Congressional Budget Office said Monday that the U.S. economy could be .7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus.The CBO, which had already issued a report forecasting a severe economic impact over the next two years, expanded that forecast to show that the severity of the economic shock could depress growth for far longer.The new estimate said that over the 2020-2030 period, total GDP output could be .7 trillion lower than CBO had been projecting as recently as January. That would equal 5.3% of lost GDP over the coming decade.After adjusting for inflation, CBO said the lost output would total .9 trillion, a loss of 3% of inflation-adjusted GDP.CBO called this a “significant markdown” in GDP output as a result of the pandemic.“Business closures and social distancing measures are expected to curtail consumer spending, while the recent drop in energy prices is projected to severely reduce U.S. investment in the energy sector,” CBO Director Philip Swagel said in a letter.“Recent legislation will, in CBO’s assessment, partially mitigate the deterioration in economic conditions,” Swagel said in the letter to Sens. Chuck Schumer, D-N.Y., and Bernie Sanders, I-Vt. The two had requested the information as a way to pressure Republicans to follow the lead of the House and pass more economic relief.“Last week we learned that over 40 million Americans lost their jobs as a result of this horrific pandemic,” Schumer and Sanders said in a joint statement. “Today, the CBO tells us that if current trends continue, we will see a jaw-dropping trillion reduction in economic growth over the next decade.”Schumer and Sanders said Republicans should stop blocking legislation to provide more assistance given that 40 million workers have lost their jobs already.“In order to avoid the risk of another Great Depression, the Senate must act with a fierce sense of urgency,” Schumer and Sanders said.The CBO is forecasting that the GDP, which shrank at a 5% rate in the first three months of this year, will fall at a 37.7% rate in the current April-June quarter, the biggest quarterly decline on record.The CBO also issued a separate report detailing a cost estimate for a .4 trillion COVID-19 rescue bill that passed the Democratic-controlled House in mid-May. That legislation is built around 5 billion in aid to state and local governments, another ,200 payment to most American workers, and additional aid to colleges and local school districts. The price tag is slightly higher than a back-of-the-envelope figure provided by Democrats when the measure passed.Senate Republicans have dismissed the proposal as a wish list but have yet to unveil any proposal to counter it. 2817

The Department of Justice informed the House Oversight Committee on Wednesday that President Donald Trump has asserted executive privilege over materials related to the addition of a citizenship question to the 2020 census.The move comes ahead of a vote in the committee about whether to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt of Congress over a dispute related to the census and for not complying with subpoenas issued by the committee.In a letter to Committee Chair Elijah Cummings, Assistant Attorney General Stephen Boyd 580

The House Judiciary Committee on Thursday issued subpoenas to former Trump campaign manager Corey Lewandowski and a former White House official as it ramps up its investigation to determine whether to impeach President Donald Trump.The committee issued the subpoenas Thursday to Lewandowski and former White House aide Rick Dearborn, requesting they testify publicly before the committee. Both Trump aides were cited extensively in the obstruction of justice section of special counsel Robert Mueller's report.The subpoenas don't come as a surprise — the duo was included when the committee authorized subpoenas to 12 individuals last month — but they signal the direction the committee is taking as it looks to quickly gather evidence that could lead to pursuing impeachment.The House has not voted on a formal impeachment inquiry, but House Judiciary Chairman Jerry Nadler says his committee's investigation constitutes "formal impeachment proceedings" and the committee has a goal of deciding whether to recommend articles of impeachment by the end of the year."It is clear that any other American would have been prosecuted based on the evidence Special Counsel Mueller uncovered in his report," Nadler said in a statement. "Corey Lewandowski and Rick Dearborn were prominently featured in the Special Counsel's description of President Trump's efforts to obstruct justice by directing then-White House Counsel Don McGahn to fire the Special Counsel, and then by ordering him to lie about it."So far, the committee's subpoenas have not yielded much of value beyond dozens of objections to questions about anything that happened in the Trump administration and a pair of lawsuits to try to obtain former special counsel Robert Mueller's grand jury information and testimony from former White House counsel Don McGahn.The subpoena to Lewandowski comes as he is considering a Senate bid in New Hampshire. He's attending the President's rally Thursday night in the state, and White House aides say to expect Trump to bring up Lewandowski's potential Senate run.By subpoenaing Lewandowski, the committee hopes it can avoid the executive privilege fight with the White House, which has directed McGahn, former White House communications director Hope Hicks and former deputy White House counsel Annie Donaldson not to answer questions beyond the 2016 election. Unlike those officials, Lewandowski never served in the Trump administration.But it's unclear if Lewandowski will be forthcoming about the key episodes referenced in the Mueller report that will want to press him on, such as when the President instructed him to tell then-Attorney General Jeff Sessions to curtail the Mueller investigation and Lewandowski did not act on it.Lewandowski testified before the House Intelligence Committee last year behind closed doors, and he did not answer questions about anything that occurred beyond the 2016 election.The committee last week filed a lawsuit to force McGahn to comply with its subpoena after he did not appear under subpoena for a hearing in May. The outcome of that case is likely to determine whether other former Trump officials can refuse to answer questions about the Trump White House. But it's likely to take months, if not longer, before the case is decided.The Judiciary Committee has pointed to two episodes involving Lewandowski from the Mueller report as clear cases of obstruction of justice.The first was when Trump told Lewandowski to ask Sessions to limit the Mueller investigation not to investigate the Trump campaign but to "move forward with investigating election meddling for future elections." Lewandowski tried to set up an in person meeting with Sessions, but did not do so, according to the special counsel.That led to the second episode the committee cited, which also involved Dearborn. A month after making the request to Lewandowski about Sessions, the President followed up with Lewandowski and told him that if Sessions did not meet with him, he would be fired.Lewandowski did not deliver the intended message to Sessions. Instead, he asked Dearborn to speak to Sessions, believing he would be a better messenger, the special counsel wrote.Lewandowski gave Dearborn a typewritten version of the President's message, which "definitely raised an eyebrow" for Dearborn and made him uncomfortable, according to Mueller's team. Dearborn told Mueller he did not recall if he knew the message was from the President. Dearborn later told Lewandowski he had handled the situation but he did not follow through. 4555

The 2020 Democratic field may have gained a contender Thursday with Beto O'Rourke -- but it officially lost an eligible bachelor in Cory Booker.Actress and activist Rosario Dawson confirmed Thursday rumors that the two are dating, telling 251

The captain of a cruise ship hit by the coronavirus told passengers it's headed to the port of Oakland, California. Grand Princess Capt. John Smith told passengers in an audio address Saturday night that the ship will dock in Oakland. The company that owns the ship says it is expected to arrive on Monday. Smith told passengers that people who require “acute medical treatment and hospitalization” will be taken to health care facilities in California. Other guests will be taken to federally operated isolation sites or transported out of California. The captain said he was not given any information about non-U.S. citizens. The ship is carrying more than 3,500 people from 54 countries. 703