Committee for a Responsible Federal Budget
Washington Monument

Blog | October 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.
Oct 21, 2020 | Taxes

Factchecking Tax Claims in the 2020 Election

In recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We...
Oct 21, 2020 | Budgets & Projections

Problem Solvers Release Budget Principles

Earlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...
Oct 16, 2020 | Economics

IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.

The International Monetary Fund (IMF) made news earlier this week when it issued a report saying that most advanced economies will not need...
Oct 15, 2020

Mike Murphy and Steve Richardson: Our bitter polarization won’t end with the election

Mike Murphy is the director of the Committee for a Responsible Federal Budget's FixUS initiative. He recently wrote an opinion piece...
Oct 15, 2020 | Other Spending

Update: COVID-Related State & Local Aid Will Total $280 Billion

Our update to COVID Money Tracker this week incorporated new Medicaid estimates from the Congressional Budget Office (CBO). These new...
Concept_DC_Capitol Building
Oct 9, 2020 | Budget Process

Congressional Caucus Rules Can Promote Better Budgeting

The rules establishing each party’s self-governance within Congress can affect federal budget practices. Changing them could improve the climate for...
Oct 8, 2020 | Other Spending

Maya MacGuineas Joins CNBC to Discuss COVID Relief and Presidential Campaign Plans

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on CNBC. She joined the show to discuss the...
Oct 6, 2020 | Budgets & Projections

Maya MacGuineas: The debt is huge because Trump kept his promises

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 ...
Concept_DC_Capitol Building_Money
Oct 1, 2020 | Budget Process

Upcoming Congressional Fiscal Policy Deadlines

Updated 10/1/2020:  The Senate passed a continuing resolution through Dec. 11, 2020, on Wednesday, Sept. 30, that the House had passed on...