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...
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.
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...
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...
Aug 6, 2020 | Other Spending
How Much Have States Spent from the Coronavirus Relief Fund?
The Coronavirus Aid, Recovery, and Economic Security (CARES)...
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) ...
Jul 30, 2020 | Budgets & Projections
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...
Jul 29, 2020 | Other Spending
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...
Jul 28, 2020 | Budget Process
Explaining the TRUST Act: Just the FAQs
As the COVID-19 recession continues, Congress is debating additional fiscal support, economic...
Jul 28, 2020 | Other Spending
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...
Jul 24, 2020 | Budget Process
Correcting the Record on the TRUST Act
Senate Majority Leader Mitch McConnell (R-KY) yesterday...
Jul 24, 2020 | Other Spending
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...
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...
Jul 20, 2020 | Economics
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...
Jul 17, 2020 | Budget Process
Citizens Against Government Waste’s 2020 Pig Book Highlights Appropriations Abuses
Last week, Citizens Against Government Waste (CAGW) released their 2020 Congressional Pig...
