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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Sep 1, 2020 | Other Spending

How Much COVID Relief Have Public and Private Schools Received?

At least $42 billion has been committed or disbursed to the education sector from COVID relief legislation. We estimate: About...
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Aug 27, 2020 | Taxes

Would Joe Biden Significantly Raise Taxes on Middle Class Americans?

During the 2020 Republican National Convention, several speakers claimed that Democratic nominee and former Vice President Joe Biden would...
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Aug 27, 2020 | Budget Process

Pairing Debt Limit Reform with Budget Goals

The Committee for a Responsible Federal Budget has long called for Congress to establish fiscal targets and reform the debt limit...
Aug 26, 2020 | Health Care

$412 Billion in COVID Funds Are Earmarked for the Health Industry

Our state-of-the-art interactive COVID Money Tracker tool can be used to see that at least $412 billion of COVID releif funds have been...
Aug 25, 2020 | Economics

Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve

Janet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the...
Aug 17, 2020 | Other Spending

Welcome to the New COVID Money Tracker

The Committee for a Responsible Federal Budget is excited to announce the launch of our interactive COVID Money Tracker tool. The COVID Money...
Aug 16, 2020 | Other Spending

How Much COVID Relief Has Been Spent So Far?

Our brand new, state-of-the-art interactive COVID Money Tracker tool follows every dollar...
Donald Trump
Aug 8, 2020 | Other Spending

How Much Would President Trump's Executive Orders Cost?

President Trump signed four memos and executive orders this afternoon increasing unemployment benefits, deferring payroll taxes, extending...
Aug 7, 2020 | Other Spending

Comparing the Heroes and HEALS Acts

As lawmakers formulate the next round of fiscal relief to fight the COVID-19 public health and economic crisis, two pieces of legislation have...
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Aug 6, 2020 | Other Spending

How Much Have States Spent from the Coronavirus Relief Fund?

The Coronavirus Aid, Recovery, and Economic Security (CARES)...
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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...

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