Dec 11, 2020 | Other Spending
$100 Billion of Giveaways Could Accompany Year-End Omnibus Package
If lawmakers pass a short-term continuing resolution...
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.
Dec 10, 2020 | Budget Process
William Hoagland: The Ghosts of Budgets Past, Present & Future
G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
Dec 10, 2020 | Economics
Could a COVID Relief Deal Close the Output Gap?
Policymakers from both parties have endorsed plans to provide over $900 billion of COVID relief as part of a year-end funding deal...
Dec 8, 2020 | Budget Process
Strengthen PAYGO with House Rules Reforms
When the 117th Congress begins in January, lawmakers in the House of Representatives can advance fiscal responsibility and...
Dec 4, 2020 | Other Spending
What's in the $550 Billion Senate Relief Package?
Earlier this week we detailed the contents of the $908 billion COVID relief package put forward by a bipartisan and bicameral group of lawmakers...
Dec 2, 2020 | Other Spending
What's in the $908 Billion Bipartisan Stimulus Proposal?
A bipartisan and bicameral group of lawmakers yesterday unveiled a $908 billion COVID relief package. The proposal is the...
Dec 2, 2020
Maya MacGuineas: After the pandemic recovery, we must tackle 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 ...
Nov 30, 2020 | Other Spending
End-of-Year Deadlines For Congress
Many economic relief provisions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related bills expire at the end...
Nov 25, 2020 | Economics
Policymakers Should Avoid Austerity in Addressing the Debt
The economy remains weak and may be headed for a double-dip recession this winter. Though COVID relief enacted to date has been largely successful in...
Nov 19, 2020 | Other Spending
COVID Money Tracker Insights
Each week, we update our COVID Money Tracker tool with the latest commitments and disbursals from...
Nov 18, 2020 | Other Spending
Canceling Student Loan Debt Is Poor Economic Stimulus
Facing a weak economy still suffering from the effects of the COVID-19 pandemic, there have been a number of calls for President-elect Joe Biden to...
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...
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...
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...
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...
