Committee for a Responsible Federal Budget
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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.
May 12, 2020 | Other Spending

COVID Response: How Much Money Has Been Made Available So Far?

The fiscal and monetary policy response to the COVID-19 pandemic and subsequent economic crisis has been both swift and substantial. We have...
May 11, 2020 | Economics

Is the Fed Buying Our New Debt?

So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination...
May 5, 2020 | Other Spending

Join Us on Giving Tuesday to Help Those in Need

As the country continues to combat COVID-19, the Committee for a Responsible Federal Budget is coming to you with a unique request. While the scale...
Apr 30, 2020 | Budgets & Projections

Maya MacGuineas Joins C-SPAN to Discuss Coronavirus and Federal Debt

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on C-SPAN's Washington Journal. She discussed fiscal measures...
Apr 30, 2020 | Other Spending

COVID Money Tracker: Paycheck Protection Program

Note: See here for an update on the Paycheck Protection Program as of May 23, 2020. The Paycheck Projection Program (PPP) was established under the...
Apr 29, 2020 | Other Spending

COVID Money Tracker: Airline Worker Support

Of the $2.2 trillion in fiscal support made available under the CARES Act, roughly $60 billion was allocated specifically to the airline...
Apr 24, 2020 | Budgets & Projections

CBO Updates Budget Projections In Wake of COVID-19

Today, the Congressional Budget Office (CBO) released a blog post outlining its latest projections of near-term federal debt and deficits in the wake...
Apr 22, 2020 | Other Spending

What's in the Fourth Coronavirus Package?

The Senate yesterday passed the Paycheck Protection Program and Health Care Enhancement Act by unanimous consent. The bill is the fourth piece...
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Apr 22, 2020 | Social Security

Pre-COVID, Social Security and Medicare Faced Insolvency

The Social Security and Medicare Trustees have released their reports on the financial state of their programs. Even though the Trustees do not...
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Apr 21, 2020 | Economics

The COVID-19 Recession Is Unfolding Faster than the Great Recession – and So Is the Response

We have published an abbreviated update of this analysis, taking into account additional legislation, updated cost estimates, and new ...