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.

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Mar 27, 2021 | Taxes

Maya MacGuineas: There's a blatantly obvious way for the US to fight climate change and pay for new infrastructure

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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Mar 25, 2021 | Taxes

Watch: Committee President Maya MacGuineas Testifies on Taxation of Corporations and the Wealthy

On March 25, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Senate Budget Committee on whether...
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Mar 22, 2021 | Other Spending

Ten Options to Secure the Highway Trust Fund

Congress must pass a new highway bill or extend the current one by October 1 of this year, and the Highway Trust Fund (HTF) itself will likely run...
Mar 22, 2021 | Health Care

Ten Options to Secure the Medicare Trust Fund

The Medicare Hospital Insurance (HI), or Part A, trust fund is expected to be only five years from insolvency and faces a $515 billion net funding...
Mar 18, 2021

Medicare Sequester Suspension Should Not Continue without Offsets

The March 2020 CARES Act and December 2020...
Mar 11, 2021 | Budgets & Projections

New Budget Projections Show Record Deficits and Debt

Now that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching...
Mar 10, 2021 | Other Spending

Understanding the $1 Trillion in Unspent COVID Relief Funding

The Senate-passed American Rescue Plan will deliver nearly $2 trillion of additional COVID relief on top of the $4 trillion already authorized....
Mar 10, 2021 | Other Spending

Marc Goldwein: The Prescription: Fiscal Policy for the COVID-19 Economy

Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He ...
Mar 5, 2021 | Budgets & Projections

American Rescue Plan Could Set Stage for $4 Trillion of Debt

The American Rescue Plan Act is estimated to cost over $1.9 trillion through 2031, but the ultimate price tag could be twice as high if some of...
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Feb 25, 2021 | Budget Process

Bill Hoagland: Reconciliation, corrupted by Congress: May it R.I.P.

G. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget....
Feb 25, 2021 | Budgets & Projections

Economic Recovery is Behind Stable Near-Term Debt

While the Congressional Budget Office's latest...
Feb 24, 2021 | Other Spending

Four Key Elements of the American Rescue Plan

In light of the ongoing pandemic and economic crisis, there has been strong...
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Feb 23, 2021 | Health Care

Three Ways to Lower Health Care Costs

There is broad agreement on the need to address high and rising health care costs and a growing consensus on potential sources of savings. At the...
Feb 22, 2021 | Other Spending

Five Ways to Improve the House COVID Relief Package

The $1.9 trillion American Rescue Plan currently under consideration in the House includes a number of important policies to help end the pandemic,...
Feb 18, 2021

Remembering Marriott CEO Arne Sorenson

On Monday, February 15, Marriott International President and CEO Arne Sorenson passed away after a two-year battle against pancreatic cancer....
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Feb 18, 2021 | Other Spending

What's in the $1.9 Trillion House COVID Relief Bill?

The House of Representatives is currently in the process of considering the next COVID relief bill. Nine of the 12 House committees have...
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Pell Program Faces Funding Cliff in 2026

The Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by...
Feb 17, 2021 | Other Spending

State and Local Governments Do Not Need Half a Trillion in COVID Relief

The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. ...
Feb 16, 2021 | Budgets & Projections

CBO Releases New Long-Term Budget Projections

The Congressional Budget Office (CBO) released a new set of long-term budget projections...

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