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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A Visualization of the CARES Act
The President yesterday signed into law the CARES Act, a $2.3 trillion relief package aimed at ameliorating some of the effects of the economic...
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What's in the $2 Trillion Coronavirus Relief Package?
Updated on 4/21/2020 and 4/29/2020 to reflect the Congressional Budget Office's (CBO) estimate and subsequent revisions. Lawmakers recently approved...
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These Provisions Have No Place in an Emergency Bill
Negotiators continue to work on a third response bill to the coronavirus (COVID-19) pandemic, with legislation proposed today by House Democrats and...
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CBO Updates Budget Projections Before Coronavirus Impact
Today, the Congressional Budget Office (CBO) released its updated budget projections, showing the national debt is on an unsustainable path. Under CBO...
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How Much Would Sending People Checks Cost?
Experts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis. Last week, we estimated that fiscal...
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How Much Would Suspending the Payroll Tax Cost?
Policymakers are discussing several economic stimulus ideas in response to the coronavirus outbreak, including reports that yesterday President Trump...
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Blue Dogs to House Budget Committee: Produce a Budget
Several members of the House Blue Dog Coalition sent a letter to House Budget Committee Chairman John Yarmuth (D-KY) last week calling for the...
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Maya MacGuineas: Capitalism's Addiction Problem
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and runs its program Capitalism, Technology, and the Economy. She...
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Lawmakers Release Emergency Funding Request on Coronavirus
Appropriators released today their $8.3 billion emergency funding bill to deal with the Coronavirus outbreak, $5.8 billion more than the $2.5 billion...
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Thoughtful Deficit Reduction in the President’s Budget
While much of the decline in debt as a share of GDP in the President’s Fiscal Year (FY) 2021 budget comes from rosy economic growth assumptions and...
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Maya MacGuineas: Both Republicans and Democrats are ignoring a growing danger to our economy and national security: the national debt
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 opinion...
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How Much Does a Payroll Tax Holiday Cost?
President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple one...