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.
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 the federal response to the novel coronavirus...
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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...
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Nov 12, 2020 | Other Spending

Opportunities for Bipartisanship in a Divided Government

In 2021, the United States is likely to operate with divided or near-divided government. Democrats are slated to control the White House and the...
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Nov 3, 2020

Maya MacGuineas and Mike Murphy: Polarization has put America's democracy in peril. But on this Election Day, there are reasons to be hopeful that the US can heal.

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's FixUS initiative. ...
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Nov 2, 2020 | Budget Process

GAO: Fiscal Targets Can Assist Deficit Reduction

The Government Accountability Office (GAO) recently published a report, The Nation’s Fiscal Health: Effective Use of Fiscal Rules and Targets. ...
Nov 2, 2020 | Budgets & Projections

Maya MacGuineas: The national debt still matters, despite low interest rates

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 ...
Oct 29, 2020 | Economics

GDP Did Not Just Increase 33%

Today's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This...
Oct 27, 2020 | Budgets & Projections

A Closer Look at the Record $3.1 Trillion Deficit in FY 2020

The Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for...
Oct 22, 2020 | Economics

CBO Shows "Interest" in Greater Transparency

The Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...