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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Sep 29, 2020

Factchecking and Live-Tweeting the Presidential Debates

Tonight's presidential debate marks the first debate of the 2020 general election campaign and will surely touch on fiscal issues. ...
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Sep 22, 2020 | Other Spending

Appropriations Watch: FY 2021

Updated 9/22/2020: The House passed a continuing resolution through Dec. 11, 2020, on Tuesday, Sept. 22. The Senate would still need to clear the...
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,...
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...
Sep 16, 2020 | Other Spending

COVID Relief Includes $360 Billion of State and Local Aid

Most state and local governments are experiencing substantial revenue losses and new spending needs as a result of the COVID-19 pandemic and...
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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...
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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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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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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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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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...
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...
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...
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...
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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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...
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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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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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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