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...
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.
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 of the President's Fiscal Year (FY) 2021 budget using its own...
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...
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....
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 Year (FY 2021) budget. CBO’s analysis shows that debt...
Mar 27, 2020 | Other Spending
A Visualization of the CARES Act
The President yesterday signed into law the CARES Act, a $2.3 trillion relief package aimed at ameliorating some of the effects of the economic...
Mar 25, 2020 | Economics
What's in the $2 Trillion Coronavirus Relief Package?
The Senate is expected to vote tonight on the Coronavirus Aid, Relief, and Economic Security (CARES) Act – the third and most expansive package...
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 ...
Mar 19, 2020 | Budgets & Projections
CBO Updates Budget Projections Before Coronavirus Impact
Today, the Congressional Budget Office (CBO) released its updated budget projections, showing the national debt is on an unsustainable path. Under...
How Much Would Sending People Checks Cost?
Experts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis. Last week, we estimated that fiscal...
Mar 19, 2020 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
Updated 3/19/2020: Key authorities under the Foreign Intelligence Surveillance Act (FISA) expired on March 15. While the House passed a version on...
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 Trump...
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 tracker.
The...
Mar 9, 2020 | Budget Process
Blue Dogs to House Budget Committee: Produce a Budget
Several members of the House Blue Dog Coalition sent a letter to House Budget Committee Chairman John Yarmuth (D-KY) last week calling for the...
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 Capitalism, Technology, and the Economy. She...
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...
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...
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. She recently wrote an...
Mar 3, 2020 | Taxes
How Much Does a Payroll Tax Holiday Cost?
President Trump tweeted support for a one-year payroll tax cut Monday evening, saying:
The Democrats in the House should propose a very simple...
