Latest
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Treasury Reports $63 Billion Deficit for July, Pushing FY 2020 Total to $2.8 Trillion
Read moreFor Immediate Release The United States budget deficit for the month of July was $63 billion, according to the Monthly Treasury Statement released...
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How Much Would President Trump's Executive Orders Cost?
Read moreUpdate 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
Read moreAs 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?
Read moreThe 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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Webinar & Chartbook: Where Does the Next Phase of COVID Relief Stand?
Read moreThe novel coronavirus (COVID) pandemic and resulting economic crisis has been met with an unprecedented policy response. In March 2020, Congress...
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Dave McCurdy: Horn leading the way on fixing nation's budget
Read moreDave 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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Did GDP Fall by One-Third?
Read moreIn 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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Understanding Joe Biden's 2020 Tax Plan
Read moreFormer Vice President Joe Biden – the presumptive Democratic nominee for President in the 2020 election – has put forward a variety of tax proposals...
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What's in the $1.1 Trillion HEALS Act?
Read moreThe Senate recently introduced the Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act designed to further address the public...
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Committee President Maya MacGuineas Testifies on Oversight of COVID-19 Fiscal Relief
Read moreFor Immediate Release Committee for a Responsible Federal Budget president Maya MacGuineas will testify today, July 28, before the Senate Homeland...
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Explaining the TRUST Act: Just the FAQs
Read moreUpdated 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
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas testfied on July 28 before the Senate Homeland Security and Government Affairs...