Committee for a Responsible Federal Budget
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Blog | July 2020

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.
Concept_Stock Market_Recession
Jul 30, 2020 | Economics

Did GDP Fall by One-Third?

In their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) report, several news ...
Dave McCurdy
Jul 30, 2020 | Budgets & Projections

Dave McCurdy: Horn leading the way on fixing nation's budget

Dave McCurdy is a former Democratic member of Congress representing Oklahoma’s 4th District and member of the Committee for a Responsible...
Jul 29, 2020 | Other Spending

What's in the $1.1 Trillion HEALS Act?

The Senate recently introduced the Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act designed to further address the public...
Concept_DC_Capitol Building
Jul 28, 2020 | Budget Process

Explaining the TRUST Act: Just the FAQs

As the COVID-19 recession continues, Congress is debating additional fiscal support, economic relief, and public health spending. The Senate...
Jul 28, 2020 | Other Spending

Maya MacGuineas Testifies at Senate COVID-19 Fiscal Oversight Hearing

Committee for a Responsible Federal Budget president Maya MacGuineas testfied on July 28 before the Senate Homeland Security and Government...
Congress
Jul 24, 2020 | Budget Process

Correcting the Record on the TRUST Act

Senate Majority Leader Mitch McConnell (R-KY) yesterday confirmed prior press reports that the Senate majority pandemic response ...
Jul 24, 2020 | Other Spending

Marjorie Margolies: Treat pandemic but don’t forget debt

Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. ...
Concept_Entitlements_Retirement

Major Trust Funds Headed for Insolvency Within 11 Years

A number of important federal programs, such as Social Security and Medicare, are financed through dedicated revenue sources and...
Jul 20, 2020 | Economics

Income Has Risen Through the COVID Recession But That May Soon Change

Despite the sharpest economic contraction is modern history, personal income has actually grown since the COVID-19 crisis started through May. While...
Budget Process_Books
Jul 17, 2020 | Budget Process

Citizens Against Government Waste’s 2020 Pig Book Highlights Appropriations Abuses

Last week, Citizens Against Government Waste (CAGW) released their 2020 Congressional Pig Book to highlight the irresponsible spending that continues...

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