Committee for a Responsible Federal Budget
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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.
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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...
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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...
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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...
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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...
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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 ...
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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...