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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Sep 21, 2020 | Other Spending

Appropriations Watch: FY 2021

Updated 9/21/2020: The House is expected to consider a continuing resolution through Dec. 11, 2020, on Tuesday, Sept. 22. Congress began...
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, showing the federal budget is on an unsustainable long-...
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 the...
Sep 16, 2020 | Other Spending

COVID Relief Includes $360 Billion of State and Local Aid

Most state and local governments are experiencing substantial revenue losses and new spending needs as a result of the COVID-19 pandemic and economic...
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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 and...
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 relief spending and estimates.  This week's...
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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 that the COVID-19 public health and economic crisis has...
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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 55 ...
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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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Aug 27, 2020 | Budget Process

Pairing Debt Limit Reform with Budget Goals

A recent bipartisan House letter from 30 Democrats and 30 Republicans requests budget reforms in forthcoming legislation, such as combining...

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