Nov 18, 2020 | Other Spending
Canceling Student Loan Debt Is Poor Economic Stimulus
Note: We published a follow-up piece on June 3, 2021 estimating the fiscal multipliers for cancelling $10,000 and $50,000 in federal student loan...
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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.
Nov 12, 2020 | Other Spending
Opportunities for Bipartisanship in a Divided Government
In 2021, the United States is likely to operate with divided or near-divided government. Democrats are slated to control the White House and the...
Nov 3, 2020
Maya MacGuineas and Mike Murphy: Polarization has put America's democracy in peril. But on this Election Day, there are reasons to be hopeful that the US can heal.
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's FixUS initiative. ...
Nov 2, 2020 | Budget Process
GAO: Fiscal Targets Can Assist Deficit Reduction
The Government Accountability Office (GAO) recently published a report, The Nation’s Fiscal Health: Effective Use of Fiscal Rules and Targets. ...
Nov 2, 2020 | Budgets & Projections
Maya MacGuineas: The national debt still matters, despite low interest rates
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 ...
Oct 29, 2020 | Economics
GDP Did Not Just Increase 33%
Today's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This...
Oct 27, 2020 | Budgets & Projections
A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
The Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for...
Oct 22, 2020 | Economics
CBO Shows "Interest" in Greater Transparency
The Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...
Oct 22, 2020 | Budgets & Projections
Maya MacGuineas: Trump and Biden must answer critical budget questions
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 ...
Oct 21, 2020 | Taxes
Factchecking Tax Claims in the 2020 Election
In recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We...