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.
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Eugene Steuerle: This is not your grandfather's debt problem
Now that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during World War...
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What's in the $3 Trillion HEROES Act?
Updated on 6/3/2020 to reflect CBO's estimate of the HEROES Act. The House recently approved the HEROES Act designed to further address the public...
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Maya MacGuineas Joins Fox Business to Discuss Federal Debt Projections
Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Mornings with Maria on Fox Business. She joined host Maria...
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Tim Penny: Pandemic-related federal aid: Make it fast, but also make it prudent
Tim Penny is president & CEO of the Southern Minnesota Initiative Foundation and co-chair of the Committee for a Responsible Budget. He recently wrote...
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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 the...
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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.” These...
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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 during the...
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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...
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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 been...
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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 with...
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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 of...
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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...