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.

William Hoagland
Dec 10, 2020 | Budget Process

William Hoagland: The Ghosts of Budgets Past, Present & Future

G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
Dec 10, 2020 | Economics

Could a COVID Relief Deal Close the Output Gap?

Policymakers from both parties have endorsed plans to provide over $900 billion of COVID relief as part of a year-end funding deal...
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Dec 8, 2020 | Budget Process

Strengthen PAYGO with House Rules Reforms

When the 117th Congress begins in January, lawmakers in the House of Representatives can advance fiscal responsibility and...
Dec 4, 2020 | Other Spending

What's in the $550 Billion Senate Relief Package?

Earlier this week we detailed the contents of the $908 billion COVID relief package put forward by a bipartisan and bicameral group of lawmakers...
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Dec 2, 2020 | Other Spending

What's in the $908 Billion Bipartisan Stimulus Proposal?

A bipartisan and bicameral group of lawmakers yesterday unveiled a $908 billion COVID relief package. The proposal is the...
Dec 2, 2020

Maya MacGuineas: After the pandemic recovery, we must tackle the national debt

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 ...
Nov 30, 2020 | Other Spending

End-of-Year Deadlines For Congress

Many economic relief provisions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related bills expire at the end...
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 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...
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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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