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.

Dec 24, 2020 | Other Spending| Economics

The Response & Relief Act Would Support the Economic Recovery

President Trump is yet to sign the year-end bill that contains the Coronavirus Response & Relief Supplemental Appropriations Act and...
Dec 24, 2020 | Other Spending

The Response & Relief Act Would Boost Income To Record Levels

Unlike in past recessions, personal income has grown during the current crisis as a result of the aggressive...
Dec 23, 2020 | Taxes

Omnibus Package Includes $135 Billion of Unrelated Tax Breaks

The omnibus package includes government funding for the rest of fiscal year 2021 and...
Dec 22, 2020 | Other Spending

The Fiscal Response to COVID-19 Will be Larger than the Great Recession Response

The Coronavirus Response & Relief Supplemental Appropriations Act has been passed by Congress and awaits the President's signature. ...
Dec 21, 2020 | Economics

What's in the Final COVID Relief Deal of 2020?

Lawmakers passed a new COVID relief deal on December 21, 2020, which was subsequently signed into law by the President on December 27. The...
Dec 18, 2020 | Other Spending

Maya MacGuineas Joins Fox News to Discuss Student Debt Cancellation

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox News to discuss calls for student debt...
Dec 17, 2020 | Other Spending

Maya MacGuineas Joins Fox Business to Discuss the $900 Billion COVID Fiscal Package

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox Business to discuss the nearly $900 billion...
Tim Penny
Dec 16, 2020 | Budget Process

Tim Penny, Charlie Stenholm, Dave McCurdy, and John Tanner: Stop congressional disorder with regular order

Tim Penny is co-chair and Charlie Stenholm, Dave McCurdy, and John Tanner are members of the Committee for a Responsible Federal...
Dec 16, 2020 | Other Spending| Economics

What’s in the Bipartisan COVID Relief Bill?

Lawmakers Monday released the full text of a $908 billion bipartisan stimulus package, which was released in...
Dec 15, 2020 | Other Spending

Marc Goldwein: An Honest Discussion on the Impact of Canceling Student Loan Debt

Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He ...
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Now's Not the Time to Raid the Pell Surplus

With 2020 college enrollment down as a result of the COVID-19 pandemic, the Pell Grant program may add more to its reserves than previously estimated...
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Dec 11, 2020 | Other Spending

$100 Billion of Giveaways Could Accompany Year-End Omnibus Package

If lawmakers pass a short-term continuing resolution...
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...

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