May 20, 2020 | Economics
CBO Releases Interim Economic Projections
The Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during...
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 15, 2020 | Taxes
75% of Economic Impact Payments Have Been Paid So Far
The $1.7 trillion CARES Act included an estimated $293 billion for direct payments to individuals, officially deemed “Economic Impact Payments...
May 15, 2020 | Other Spending
Fed Mortgage-Backed Security Purchases Reached a New Record
The Federal Reserve purchased nearly $180 billion in Mortgage-Backed Securities (MBS) last week, more than any week in history — including...
Robert Reischauer and Charles Blahous: Letter from Former Trustees of Social Security and Medicare
Robert Reischauer is a former public Trustee of the Social Security and Medicare Trust Funds, president emeritus of the Urban Institute, and a member...
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...