Committee for a Responsible Federal Budget
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Blog

Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.

Jul 15, 2020 | Economics

How Big Should the Next COVID Package Be?

With over $2 trillion of fiscal support now out the door, Congress is considering additional legislation to help stabilize the economy, support the...
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Jul 14, 2020 | Other Spending

Appropriations Watch: FY 2021

Congress began preliminary appropriations work for Fiscal Year (FY) 2021 in March and started marking up individual appropriations bills in...
Jul 14, 2020 | Other Spending

Maya MacGuineas Joins C-SPAN to Discuss Tax Policy and Coronavirus Relief

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on C-SPAN's...
Jul 14, 2020 | Other Spending

Marc Goldwein: A Way Forward on Unemployment Benefits

Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He ...
Jul 10, 2020 | Other Spending

A July Update on the Paycheck Protection Program

The Treasury Department and Small Business Administration (SBA) this week released...
Jul 10, 2020 | Other Spending

Options for a Responsible Defense Budget

Congress is considering the annual National Defense Authorization Act (NDAA) this month. The Senate Armed Services Committee...
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Jul 7, 2020 | Budgets & Projections

Dunking on the Debt

Concern about the national debt came from an unexpected corner when Brooklyn Nets guard Spencer Dinwiddie announced that he would bring...

CBO Releases New Economic Projections

Today, the Congressional Budget Office (CBO) released updated economic projections, ...
Jul 1, 2020 | Economics

How Does COVID Relief Compare to Great Recession Stimulus?

Congress has enacted five pieces of legislation and committed $3.6 trillion of fiscal support so far to address public health and economic...
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Jun 29, 2020 | Health Care

House Considers ACA Expansion and Drug Pricing Bill

Today, the House will consider legislation to expand the Affordable Care Act (“Obamacare”) and lower prescription drug prices...
Jun 25, 2020 | Budget Process

Growing Support for Bipartisan Budget Reform

A bipartisan group of 60 legislators led by Representatives Scott Peters (D-CA) and Jodey Arrington (R-TX), released a letter to House leadership in...
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Jun 18, 2020 | Other Spending

James Jones: Pandemic Isn't an Excuse for Reckless Spending

The signature accomplishment of the Trump administration, the 2017 tax cuts, greatly reduced federal revenue. Lawmakers simultaneously increased...
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Jun 15, 2020 | Economics

Treasury Data Shows Other Countries Not Buying Additional Debt

Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing...
Jun 15, 2020 | Other Spending

Maya MacGuineas Joins Fox News to Discuss COVID-19 Fiscal Relief

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox News' Special Report with Bret Baier. She...
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Representative Rouda Introduces Fiscal Responsibility & Long-Term Economic Security Act

While short-term borrowing and large deficits are necessary to fight the COVID-19 public health and economic crisis, policymakers will...
Jun 11, 2020 | Other Spending

Over Half the COVID Fiscal Support is Now Out the Door

In response to the current pandemic and economic crisis, Congress and the President have enacted $4 trillion in spending, benefit payments, grants...
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Jun 11, 2020 | Budgets & Projections

Senate Considering Debt-Increasing Parks Legislation

This week, the Senate will consider the Great American Outdoors Act. The bill seeks to address the backlog of maintenance on public lands in a...
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Jun 10, 2020 | Budget Process

Correcting the Record on the Enzi-Whitehouse Budget Reforms

Prior to the COVID-19 public health and economic crisis, the Senate Budget Committee approved the Bipartisan Congressional Budget Reform Act....
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Jun 10, 2020 | Budget Process

PAYGO Tracker: FY 2020

The first rule of getting out of a hole is to stop digging it deeper. With deficits and debt set to reach...
Jun 8, 2020 | Other Spending

Paycheck Protection Program Flexibility Act Signed Into Law

Last week, the President signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act, which the House and ...

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