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 Priorities for the Next Coronavirus Relief Package, a plan to build on...
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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 Response Act (FFCRA), the second of three packages...
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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 starting to propose ideas for the next round of stimulus....
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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
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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Mar 2, 2020 | Health Care

How Will Candidate Plans Affect Total Health Costs?

We recently updated our estimates of the b

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