Committee for a Responsible Federal Budget
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Blog | December 2020

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 31, 2020 | Budgets & Projections

Our Top 20 Charts of 2020

2020 was a busy year for fiscal policy, which gave us ample opportunities to conduct substantive policy analyses using charts and tables. This year,...
Dec 30, 2020 | Other Spending

Would $2,000 Stimulus Checks Go to Six-Figure Households?

The House approved the CASH Act Monday to increase recently enacted stimulus checks from $600 to $2,000 per person. Some of those...
Dec 28, 2020 | Other Spending

How Much Would $2,000 Checks Cost?

With the enactment of the Response & Relief Act yesterday, policymakers in both parties have called for expanding recovery rebates from $600...
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Dec 28, 2020 | Other Spending

Appropriations Watch: FY 2021

Updated 12/28/2020: The House passed a combined omnibus appropriations bill and COVID-19 relief package on Monday, Dec. 21 by votes of 327 to 85 and...
Dec 24, 2020 | Other Spending| Economics

The Response & Relief Act Would Support the Economic Recovery

President Trump is yet to sign the year-end bill that contains the Coronavirus Response & Relief Supplemental Appropriations Act and...
Dec 24, 2020 | Other Spending

The Response & Relief Act Would Boost Income To Record Levels

Unlike in past recessions, personal income has grown during the current crisis as a result of the aggressive fiscal and monetary actions taken to...
Dec 23, 2020 | Taxes

Omnibus Package Includes $135 Billion of Unrelated Tax Breaks

The omnibus package includes government funding for the rest of fiscal year 2021 and significant COVID relief, but it also contains $135 billion...
Dec 22, 2020 | Other Spending

The Fiscal Response to COVID-19 Will be Larger than the Great Recession Response

The Coronavirus Response & Relief Supplemental Appropriations Act has been passed by Congress and awaits the President's signature. Assuming...
Dec 21, 2020 | Economics

What's in the Final COVID Relief Deal of 2020?

Lawmakers passed a new COVID relief deal on December 21, 2020, which was subsequently signed into law by the President on December 27. The deal...
Dec 18, 2020 | Other Spending

Maya MacGuineas Joins Fox News to Discuss Student Debt Cancellation

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Fox News to discuss calls for student debt...