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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.

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....
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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 ...
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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...
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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...
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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...
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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...
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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...
Maya MacGuineas
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...
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Mar 2, 2020 | Health Care

How Will Candidate Plans Affect Total Health Costs?

We recently updated our estimates of the budgetary impacts of health care reform plans put forward by 2020 presidential candidates Joe Biden,...
Feb 28, 2020 | Budget Process

Event Recap: Better Budget Process Summit: Building Momentum for Meaningful Reform

On February 25, the Committee for a Responsible Federal Budget hosted the second Better Budget Process Summit on "Building Momentum for Meaningful...
Feb 28, 2020 | Other Spending| Taxes

Pete Buttigieg's Climate Change Plan

Democratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change plan with an end goal of getting...
Feb 26, 2020 | Health Care

New Infographics on 2020 Candidates' Health Plans

We have updated these infographics – originally published on February 7 – to reflect a new set of proposals released on February 24 by Senator...

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