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.

Concept_Debt
Oct 6, 2020 | Budgets & Projections

Maya MacGuineas: The debt is huge because Trump kept his promises

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an ...
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Concept_DC_Capitol Building_Money
Oct 1, 2020 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

The next two years will include several predictable fiscal policy deadlines that will force congressional action. Many of these deadlines could...
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Sep 21, 2020 | Budgets & Projections

CBO Releases 2020 Long-Term Budget Outlook

The Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook,...
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Sep 18, 2020 | Taxes

Maya MacGuineas Joins ABC News Live to Discuss Payroll Tax Deferral

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on ABC News Live. She joined the show to discuss...
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Sep 16, 2020 | Other Spending

COVID Relief Includes $360 Billion of State and Local Aid

This analysis has been updated based on new...
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Concept_Entitlements_Retirement
Sep 11, 2020 | Budgets & Projections| Health Care| Social Security

CBO Projects Major Trust Fund Exhaustions on the Horizon

A number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources...
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Sep 10, 2020 | Other Spending

$2.2 of $4 Trillion in Fiscal Relief is Out the Door

We update our interactive COVID Money Tracker tool every week to reflect new COVID...
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Concept_DC_Capitol Building_Money
Sep 2, 2020 | Budgets & Projections

CBO Projects Debt Will Reach New Record

The Congressional Budget Office (CBO) just released its updated Budget Outlook, showing...
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Concept_Education
Sep 1, 2020 | Other Spending

How Much COVID Relief Have Public and Private Schools Received?

At least $42 billion has been committed or disbursed to the education sector from COVID relief legislation. We estimate: About...
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Concept_calculator
Aug 27, 2020 | Taxes

Would Joe Biden Significantly Raise Taxes on Middle Class Americans?

During the 2020 Republican National Convention, several speakers claimed that Democratic nominee and former Vice President Joe Biden would...
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Concept_calculator
Aug 27, 2020 | Budget Process

Pairing Debt Limit Reform with Budget Goals

The Committee for a Responsible Federal Budget has long called for Congress to establish fiscal targets and reform the debt limit...
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Aug 26, 2020 | Health Care

$412 Billion in COVID Funds Are Earmarked for the Health Industry

Our state-of-the-art interactive COVID Money Tracker tool can be used to see that at least $412 billion of COVID releif funds have been...
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Aug 25, 2020 | Economics

Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve

Janet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the...
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COVID Money Tracker
Aug 18, 2020 | Health Care| Other Spending

Tracking COVID Relief Dollar By Dollar

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Aug 17, 2020 | Other Spending

Welcome to the New COVID Money Tracker

The Committee for a Responsible Federal Budget is excited to announce the launch of our interactive COVID Money Tracker tool. The COVID Money...
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Aug 16, 2020 | Other Spending

How Much COVID Relief Has Been Spent So Far?

Our brand new, state-of-the-art interactive COVID Money Tracker tool follows every dollar...
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Donald Trump
Aug 8, 2020 | Other Spending

How Much Would President Trump's Executive Orders Cost?

President Trump signed four memos and executive orders this afternoon increasing unemployment benefits, deferring payroll taxes, extending...
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Aug 7, 2020 | Other Spending

Comparing the Heroes and HEALS Acts

As lawmakers formulate the next round of fiscal relief to fight the COVID-19 public health and economic crisis, two pieces of legislation have...
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Concept_Money_Green
Aug 6, 2020 | Other Spending

How Much Have States Spent from the Coronavirus Relief Fund?

The Coronavirus Aid, Recovery, and Economic Security (CARES)...
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Concept_Stock Market_Recession
Jul 30, 2020 | Economics

Did GDP Fall by One-Third?

In their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) ...
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