May 28, 2020 | Other Spending
CBO Releases Options to Shore Up Highway Trust Fund
Several of the country’s most important trust funds are rapidly headed toward insolvency and will run out of reserves sooner than...
Blog | May 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.
May 28, 2020 | Other Spending
An Update on the Paycheck Protection Program
The Paycheck Protection Program is one of the larger and most well-known initiatives that has been created to support small businesses during the...
May 28, 2020 | Other Spending
Charlie Stenholm: We will have to face rising national debt
Charlie Stenholm is a senior policy advisor at Olsson Frank Weeda, P.C., and a member of the Committee for a Resonsible Federal Budget. He recently...
May 27, 2020 | Other Spending
Eugene Steuerle: This is not your grandfather's debt problem
Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute, as well as a member of the Committee for a...
May 27, 2020 | Other Spending
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...
May 26, 2020 | Budgets & Projections
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...
May 21, 2020 | Other Spending
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...
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...
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...