Committee for a Responsible Federal Budget
Washington Monument

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.
Concept_DC_Capitol Building
May 7, 2021 | Budget Process

Kinzinger and Phillips Call for a Bipartisan Commission to Address the Deficit

Representatives Adam Kinzinger (R-IL) and Dean Phillips (D-MN) recently introduced a joint resolution to establish a National Committee on Fiscal...
May 6, 2021 | Other Spending| Economics

COVID Relief Lifted Personal Income to Record Levels

Of the $5.9 trillion ($5.2 trillion net) of enacted COVID relief, we estimate $3.6 trillion was committed or disbursed over the one-year...
Concept_Family
Apr 28, 2021 | Other Spending

What's in President Biden's American Families Plan?

This evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan. According to...
Concept_DC_Capitol Building
Apr 22, 2021

Reflections on the Ed Lorenzen Fiscal Internship

By Dominic Gatti It has been an honor to be the inaugural Ed Lorenzen Fiscal Intern, the position named in memory of a close friend and colleague of...

TRUST Act has Bipartisan, Bicameral Reintroduction

Last week, a bipartisan and bicameral group of lawmakers reintroduced the TRUST Act, which would establish bipartisan commissions to...
Concept_DC_Capitol Building Storm
Apr 20, 2021 | Taxes

Repealing the SALT Cap Would be More Regressive than the TCJA

Recently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...
Concept_DC_Capitol Building_Money
Apr 20, 2021 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 4/20/2021: On March 11, President Biden signed the American Rescue Plan, enacted through budget reconciliation, which includes an extension...
Apr 20, 2021 | Budgets & Projections

GAO Releases Long-Term Budget Outlook

The Government Accountability Office (GAO) recently published its latest report on the nation’s long-term fiscal outlook. Once again, GAO...
Concept_DC_Capitol Building
Apr 19, 2021 | Budgets & Projections

Committee Sends Congress a Briefing Book on the Budget

The Committee for a Responsible Federal Budget recently shared our updated "Briefing Book for a Fiscally Responsible 117th Congress" ...
Concept_DC_Capitol Building
Apr 16, 2021 | Budget Process

Maya MacGuineas: Make the budget committees great again

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 ...

Pages