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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Jul 31, 2020 | Other Spending

Appropriations Watch: FY 2021

Congress began preliminary appropriations work for Fiscal Year (FY) 2021 in March and started marking up individual appropriations bills in...
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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) ...
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...
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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...
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...
Congress
Jul 24, 2020 | Budget Process

Correcting the Record on the TRUST Act

Senate Majority Leader Mitch McConnell (R-KY) yesterday...
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...
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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...
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...
Jul 15, 2020 | Economics

How Big Should the Next COVID Package Be?

With over $2 trillion of fiscal support now out the door, Congress is considering additional legislation to help stabilize the economy, support the...
Jul 14, 2020 | Other Spending

Maya MacGuineas Joins C-SPAN to Discuss Tax Policy and Coronavirus Relief

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on C-SPAN's...
Jul 14, 2020 | Other Spending

Marc Goldwein: A Way Forward on Unemployment Benefits

Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He ...
Jul 10, 2020 | Other Spending

A July Update on the Paycheck Protection Program

The Treasury Department and Small Business Administration (SBA) this week released...
Jul 10, 2020 | Other Spending

Options for a Responsible Defense Budget

Congress is considering the annual National Defense Authorization Act (NDAA) this month. The Senate Armed Services Committee...
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Jul 7, 2020 | Budgets & Projections

Dunking on the Debt

Concern about the national debt came from an unexpected corner when Brooklyn Nets guard Spencer Dinwiddie announced that he would bring...

CBO Releases New Economic Projections

Today, the Congressional Budget Office (CBO) released updated economic projections, ...
Jul 1, 2020 | Economics

How Does COVID Relief Compare to Great Recession Stimulus?

Congress has enacted five pieces of legislation and committed $3.6 trillion of fiscal support so far to address public health and economic...
Health Care_Money
Jun 29, 2020 | Health Care

House Considers ACA Expansion and Drug Pricing Bill

Today, the House will consider legislation to expand the Affordable Care Act (“Obamacare”) and lower prescription drug prices...

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