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 30, 2020 | Other Spending

End-of-Year Deadlines For Congress

Many economic relief provisions from the Coronavirus Aid, Relief,...
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...
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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 10, 2020 | Other Spending

Appropriations Watch: FY 2021

Updated 11/10/2020: In preparation for end-of-the-year negotiations with the House, the Senate Appropriations Committee released all 12 of its...
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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,...
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...
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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...
Oct 22, 2020 | Budgets & Projections

Maya MacGuineas: Trump and Biden must answer critical budget questions

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 ...
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Oct 21, 2020 | Taxes

Factchecking Tax Claims in the 2020 Election

In recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We...
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Oct 21, 2020 | Budgets & Projections

Problem Solvers Release Budget Principles

Earlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...
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Oct 16, 2020 | Economics

IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.

The International Monetary Fund (IMF) made news earlier this week when it issued...
Oct 15, 2020

Mike Murphy and Steve Richardson: Our bitter polarization won’t end with the election

Mike Murphy is the director of the Committee for a Responsible Federal Budget's FixUS initiative. He recently wrote an opinion piece...
Oct 15, 2020 | Other Spending

Update: COVID-Related State & Local Aid Will Total $280 Billion

Our update to COVID Money Tracker this week incorporated new Medicaid estimates from the Congressional Budget Office (CBO). These new...
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Oct 9, 2020 | Budget Process

Congressional Caucus Rules Can Promote Better Budgeting

The rules establishing each party’s self-governance within Congress can affect federal budget practices. Changing them could improve the climate...
Oct 8, 2020 | Other Spending

Maya MacGuineas Joins CNBC to Discuss COVID Relief and Presidential Campaign Plans

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on CNBC. She joined the show to discuss the...

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