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.

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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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Oct 6, 2020 | Budgets & Projections

Maya MacGuineas: The debt is huge because Trump kept his promises

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 1, 2020 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

The next two years will include several predictable fiscal policy deadlines that will force congressional action. Many of these deadlines could...
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Sep 30, 2020 | Other Spending

Appropriations Watch: FY 2021

Updated 9/30/2020: The Senate cleared a continuing resolution through Dec. 11, 2020, on Wednesday, Sept. 30, that the House passed on Tuesday, Sept....
Sep 21, 2020 | Budgets & Projections

CBO Releases 2020 Long-Term Budget Outlook

The Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook,...
Sep 18, 2020 | Taxes

Maya MacGuineas Joins ABC News Live to Discuss Payroll Tax Deferral

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on ABC News Live. She joined the show to discuss...
Sep 16, 2020 | Other Spending

COVID Relief Includes $360 Billion of State and Local Aid

This analysis has been updated based on new...
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CBO Projects Major Trust Fund Exhaustions on the Horizon

A number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources...
Sep 10, 2020 | Other Spending

$2.2 of $4 Trillion in Fiscal Relief is Out the Door

We update our interactive COVID Money Tracker tool every week to reflect new COVID...
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Sep 2, 2020 | Budgets & Projections

CBO Projects Debt Will Reach New Record

The Congressional Budget Office (CBO) just released its updated Budget Outlook, showing...
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Sep 1, 2020 | Other Spending

How Much COVID Relief Have Public and Private Schools Received?

At least $42 billion has been committed or disbursed to the education sector from COVID relief legislation. We estimate: About...
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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...

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