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...
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.
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...
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...
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...
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...
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...
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...
Jun 25, 2020 | Budget Process
Growing Support for Bipartisan Budget Reform
A bipartisan group of 60 legislators led by Representatives Scott Peters (D-CA) and Jodey Arrington (R-TX), released a letter to House leadership in...
Jun 18, 2020 | Other Spending
James Jones: Pandemic Isn't an Excuse for Reckless Spending
The signature accomplishment of the Trump administration, the 2017 tax cuts, greatly reduced federal revenue. Lawmakers simultaneously increased...
Jun 15, 2020 | Economics
Treasury Data Shows Other Countries Not Buying Additional Debt
Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing...
