Committee for a Responsible Federal Budget
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Blog | May 2021

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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May 13, 2021 | Budgets & Projections

New Poll Finds Americans Worry About the Debt and Want the Budget More Balanced Between Generations

A new Ipsos poll finds that a strong majority of Americans are concerned about the national debt and want federal spending to be more balanced...
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May 12, 2021 | Other Spending

Congress Should Spend Responsibly and Invest Wisely

Between the American Jobs Plan and the American Families Plan, President Biden has proposed roughly $4.45 trillion of new spending and tax...
May 11, 2021 | Budget Process

Senator Lummis Introduces Sustainable Budget Act

Senator Cynthia Lummis (R-WY) recently introduced the Sustainable Budget Act with Senators Joni Ernst (R-IA), Kevin Cramer (R-ND), Mike...
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May 11, 2021 | Taxes

Erskine Bowles and Henry Paulson: Biden should embrace a carbon tax

Erskine Bowles served as Chief of Staff to President Bill Clinton from 1997 to 1998 and is a member of the Committee for a Responsible Federal Budget...
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May 7, 2021 | Budget Process

Kinzinger and Phillips Call for a Bipartisan Commission to Address the Deficit

Representatives Adam Kinzinger (R-IL) and Dean Phillips (D-MN) recently introduced a joint resolution to establish a National Committee on Fiscal...
May 6, 2021 | Other Spending| Economics

COVID Relief Lifted Personal Income to Record Levels

Of the $5.9 trillion ($5.2 trillion net) of enacted COVID relief, we estimate $3.6 trillion was committed or disbursed over the one-year...

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