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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How Much Would President Trump's Executive Orders Cost?
Update 8/10/20: We have revised our estimates downward to reflect our understanding from the final text of the memorandum that the payroll tax...
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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 emerged...
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How Much Have States Spent from the Coronavirus Relief Fund?
The Coronavirus Aid, Recovery, and Economic Security (CARES) Act created a $150 billion Coronavirus Relief Fund to provide direct payments to states...
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Did GDP Fall by One-Third?
In their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) report, several news outlets have used the...
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Dave McCurdy: Horn leading the way on fixing nation's budget
Dave McCurdy is a former Democratic member of Congress representing Oklahoma’s 4th District and member of the Committee for a Responsible Federal...
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What's in the $1.1 Trillion HEALS Act?
The Senate recently introduced the Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act designed to further address the public...
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Explaining the TRUST Act: Just the FAQs
Updated on 4/15/2021 to reflect reintroduction of the TRUST Act in the House and Senate. Today Senators Romney (R-UT), Manchin (D-WV), Young (R-IN)...
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Maya MacGuineas Testifies at Senate COVID-19 Fiscal Oversight Hearing
Committee for a Responsible Federal Budget president Maya MacGuineas testfied on July 28 before the Senate Homeland Security and Government Affairs...
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Correcting the Record on the TRUST Act
Senate Majority Leader Mitch McConnell (R-KY) yesterday confirmed prior press reports that the Senate majority pandemic response would include the...
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Marjorie Margolies: Treat pandemic but don’t forget debt
Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. She...
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Major Trust Funds Headed for Insolvency Within 11 Years
A number of important federal programs, such as Social Security and Medicare, are financed through dedicated revenue sources and managed through...
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Income Has Risen Through the COVID Recession But That May Soon Change
Despite the sharpest economic contraction is modern history, personal income has actually grown since the COVID-19 crisis started through May. While...