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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Apr 9, 2020 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 4/9/2020: On March 27, the President signed into law 
Apr 7, 2020 | Economics

Bernie Sanders's Coronavirus Relief Package

Democratic presidential candidate Senator Bernie Sanders (I-VT) released his
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Apr 7, 2020 | Budgets & Projections

CBO's Estimate of Proposals in the President's FY 2021 Budget

The Congressional Budget Office (CBO) has released its estimate

Families First Coronavirus Response Act Will Cost $192 Billion

Last week, the Congressional Budget Office (CBO) scored the Families First Coronavirus
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Apr 2, 2020 | Economics

CBO Updates Economic Baseline in Wake of COVID-19

In anticipation of a score of the Families First Coronavirus Response Act (the second coronavirus response bill), the Congressional Budget Office (
Mar 31, 2020 | Taxes

Loosening the SALT Cap is Poorly Targeted

The third COVID-19 relief bill was signed on Friday, and lawmakers are now sta
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Mar 30, 2020 | Budgets & Projections

CBO Releases Its Own Estimate of the President's FY 2021 Budget

The Congressional Budget Office (CBO) just released its estimate of the President’s Fiscal
Mar 27, 2020 | Other Spending

A Visualization of the CARES Act

The President yesterday signed into law the CARES Act, a $2.3 trill
Mar 25, 2020 | Economics

What's in the $2 Trillion Coronavirus Relief Package?

Updated on 4/21/2020 and 4/29/2020 to reflect the Congressional Budget Office's (CBO) esti
Mar 23, 2020 | Other Spending

These Provisions Have No Place in an Emergency Bill

Negotiators continue to work on a third response bill to the coronavirus (COVID-19) pandemic, with legislation proposed today by&nbs
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Mar 19, 2020 | Budgets & Projections

CBO Updates Budget Projections Before Coronavirus Impact

Today, the Congressional Budget Office (CBO) released its updated budget projections, showing t

How Much Would Sending People Checks Cost?

Experts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis.
Mar 11, 2020 | Taxes

How Much Would Suspending the Payroll Tax Cost?

Policymakers are discussing several economic stimulus ideas in response to the coronavirus outbreak, including reports that yesterday President Tru
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Mar 11, 2020 | Budget Process

PAYGO Tracker: FY 2020

Update: Due to the flurry of legislative activity to address the COVID-19 pandemic, we have suspended regular updates of the PAYGO trac
Mar 6, 2020

Maya MacGuineas: Capitalism's Addiction Problem

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and runs its program
Mar 4, 2020 | Health Care

Lawmakers Release Emergency Funding Request on Coronavirus

Appropriators released today their $8.3 billion emergency funding bill to deal with the Coronavirus outbreak, $5.8 billion more than the $2...
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Mar 4, 2020 | Budgets & Projections

Thoughtful Deficit Reduction in the President’s Budget

While much of the decline in debt as a share of GDP in the President’s Fiscal Year (FY) 2021 budget comes from rosy economic growth assumptions and
Maya MacGuineas
Mar 3, 2020

Maya MacGuineas: Both Republicans and Democrats are ignoring a growing danger to our economy and national security: the national debt

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt.
Mar 3, 2020 | Taxes

How Much Does a Payroll Tax Holiday Cost?

President Trump tweeted support for a one-year payroll tax cut Monday

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