Committee for a Responsible Federal Budget
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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 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 projections, illustrating the economic damage from the COVID...
Feb 1, 2021 | Economics

America Faces a $380 Billion Output Gap

Today's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic...
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 opinion piece for The Washington Post about the...
Concept_DC_Capitol Building Sunrise
Jan 29, 2021 | Other Spending

Biden Campaign Plan Offers Menu of Offsets

With Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending...
Jan 28, 2021 | Economics

What Do Today's GDP Numbers Tell Us About the Output Gap?

The Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that...
Jan 27, 2021 | Other Spending

What’s New in COVID Money Tracker?

This week we updated COVID Money Tracker with all of the major provisions from the $915 billion1 in COVID relief provisions in December’s...
Jan 27, 2021 | Other Spending

How Much COVID Relief Money Is Left?

Note: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $1.1...

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