Feb 26, 2021 | Budget Process
Upcoming Congressional Fiscal Policy Deadlines
The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many provisions providing...
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.
Feb 25, 2021 | Budget Process
Bill Hoagland: Reconciliation, corrupted by Congress: May it R.I.P.
G. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget....
Feb 25, 2021 | Budgets & Projections
Economic Recovery is Behind Stable Near-Term Debt
While the Congressional Budget Office's latest...
Feb 24, 2021 | Other Spending
Four Key Elements of the American Rescue Plan
In light of the ongoing pandemic and economic crisis, there has been strong...
Feb 23, 2021 | Health Care
Three Ways to Lower Health Care Costs
There is broad agreement on the need to address high and rising health care costs and a growing consensus on potential sources of savings. At the...
Feb 22, 2021 | Other Spending
Five Ways to Improve the House COVID Relief Package
The $1.9 trillion American Rescue Plan currently under consideration in the House includes a number of important policies to help end the pandemic,...
Feb 18, 2021
Remembering Marriott CEO Arne Sorenson
On Monday, February 15, Marriott International President and CEO Arne Sorenson passed away after a two-year battle against pancreatic cancer....
Feb 18, 2021 | Other Spending
What's in the $1.9 Trillion House COVID Relief Bill?
The House of Representives is currently in the process of considering the next COVID relief bill. Nine of the 12 House committees have...
Pell Program Faces Funding Cliff in 2026
The Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by...
Feb 17, 2021 | Other Spending
State and Local Governments Do Not Need Half a Trillion in COVID Relief
The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. ...
Feb 16, 2021 | Budgets & Projections
CBO Releases New Long-Term Budget Projections
The Congressional Budget Office (CBO) released a new set of long-term budget projections...
Feb 12, 2021 | Budget Process
Case and Womack Reintroduce Sustainable Budget Act
This week, Representatives Ed Case (D-HI) and Steve Womack (R-AR) reintroduced the Sustainable Budget Act. The bill would create a...
Feb 12, 2021 | Other Spending
Voices Skeptical of the Size of $1.9 Trillion COVID Relief Plan
Congress is currently marking up a $1.9 trillion COVID relief package using budget reconciliation. While it's important to spend what is necessary...
Feb 11, 2021 | Budgets & Projections
CBO Releases New 10-Year Budget Projections
The Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook...
Feb 10, 2021 | Other Spending
President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
President Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
Feb 8, 2021 | Other Spending
Maya MacGuineas Joins CNN to Discuss COVID Relief Negotiations
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNN's "At This Hour" to discuss the latest COVID...
Feb 3, 2021 | Economics
How Much Would the American Rescue Plan Overshoot the Output Gap?
The Congressional Budget Office (CBO) projected on Monday that the nation’s output gap – the difference between actual economic activity and...
Feb 2, 2021 | Economics
CBO Releases New 10-Year Economic Projections
Yesterday, the Congressional Budget Office (CBO) released a new set of ten-year economic...
Feb 1, 2021 | Economics
America Faces a $380 Billion Output Gap
Today's economic projections from the Congressional Budget Office (CBO) show...
Jan 29, 2021 | Other Spending
Mitch Daniels: We were right to worry about the nation’s fiscal future
Mitch Daniels, co-chair of the Committee for a Responsible Federal Budget, recently wrote an...
