Dec 23, 2020 | Taxes
Omnibus Package Includes $135 Billion of Unrelated Tax Breaks
The omnibus package includes government funding for the rest of fiscal year 2021 and...
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.
Dec 22, 2020 | Other Spending
The Fiscal Response to COVID-19 Will be Larger than the Great Recession Response
The Coronavirus Response & Relief Supplemental Appropriations Act has been passed by Congress and awaits the President's signature. ...
Dec 21, 2020 | Economics
What's in the Final COVID Relief Deal of 2020?
Lawmakers passed a new COVID relief deal on December 21, 2020, which was subsequently signed into law by the President on December 27. The...
Dec 18, 2020 | Other Spending
Maya MacGuineas Joins Fox News to Discuss Student Debt Cancellation
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox News to discuss calls for student debt...
Dec 17, 2020 | Other Spending
Maya MacGuineas Joins Fox Business to Discuss the $900 Billion COVID Fiscal Package
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox Business to discuss the nearly $900 billion...
Dec 16, 2020 | Budget Process
Tim Penny, Charlie Stenholm, Dave McCurdy, and John Tanner: Stop congressional disorder with regular order
Tim Penny is co-chair and Charlie Stenholm, Dave McCurdy, and John Tanner are members of the Committee for a Responsible Federal...
What’s in the Bipartisan COVID Relief Bill?
Lawmakers Monday released the full text of a $908 billion bipartisan stimulus package, which was released in...
Dec 15, 2020 | Other Spending
Marc Goldwein: An Honest Discussion on the Impact of Canceling Student Loan Debt
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He ...
Now's Not the Time to Raid the Pell Surplus
With 2020 college enrollment down as a result of the COVID-19 pandemic, the Pell Grant program may add more to its reserves than previously estimated...
Dec 11, 2020 | Other Spending
$100 Billion of Giveaways Could Accompany Year-End Omnibus Package
If lawmakers pass a short-term continuing resolution...
Dec 10, 2020 | Budget Process
William Hoagland: The Ghosts of Budgets Past, Present & Future
G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
Dec 10, 2020 | Economics
Could a COVID Relief Deal Close the Output Gap?
Policymakers from both parties have endorsed plans to provide over $900 billion of COVID relief as part of a year-end funding deal...
Dec 8, 2020 | Budget Process
Strengthen PAYGO with House Rules Reforms
When the 117th Congress begins in January, lawmakers in the House of Representatives can advance fiscal responsibility and...
Dec 4, 2020 | Other Spending
What's in the $550 Billion Senate Relief Package?
Earlier this week we detailed the contents of the $908 billion COVID relief package put forward by a bipartisan and bicameral group of lawmakers...
Dec 2, 2020 | Other Spending
What's in the $908 Billion Bipartisan Stimulus Proposal?
A bipartisan and bicameral group of lawmakers yesterday unveiled a $908 billion COVID relief package. The proposal is the...
Dec 2, 2020
Maya MacGuineas: After the pandemic recovery, we must tackle 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 ...
Nov 30, 2020 | Other Spending
End-of-Year Deadlines For Congress
Many economic relief provisions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related bills expire at the end...
Nov 25, 2020 | Economics
Policymakers Should Avoid Austerity in Addressing the Debt
The economy remains weak and may be headed for a double-dip recession this winter. Though COVID relief enacted to date has been largely successful in...
Nov 19, 2020 | Other Spending
COVID Money Tracker Insights
Each week, we update our COVID Money Tracker tool with the latest commitments and disbursals from...
Nov 18, 2020 | Other Spending
Canceling Student Loan Debt Is Poor Economic Stimulus
Facing a weak economy still suffering from the effects of the COVID-19 pandemic, there have been a number of calls for President-elect Joe Biden to...
