Committee for a Responsible Federal Budget

Other Spending

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Biden Campaign Plan Offers Menu of Offsets

With Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...

What’s New in COVID Money Tracker?

This week we updated COVID Money Tracker with all of the major provisions from the $915 billion 1 in COVID relief provisions in December’s...

How Much COVID Relief Money Is Left?

Note: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $1.1...

Statement on the Confirmation of Janet Yellen as Treasury Secretary

For Immediate Release Former Federal Reserve Board Chair Janet Yellen, who had been serving on the board of the Committee for a Responsible Federal...

Near- and Long-Term Fiscal Challenges for the Biden Administration

For Immediate Release President Joe Biden takes office in the face of numerous economic and fiscal challenges. Although COVID-19 vaccine distribution...

Biden to Unveil $1.9 Trillion COVID Response Plan

Note: We have published an updated, more detailed breakdown of President Biden’s $1.9 trillion COVID response plan, compared alongside a $618 billion...

Maya MacGuineas Joins CNN Business to Discuss COVID Relief and Deficits

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on CNN business to discuss why some level of deficit spending...

Four-Fifths of Stimulus Checks Have Been Sent

In the first three days of distributing the second round of stimulus checks approved by Congress in the Response and Relief Act , the Treasury...

Breaking Down $3.4 Trillion in COVID Relief

With the passage of the Response & Relief Act , Congress has now allocated nearly $4 trillion of COVID relief at a net cost of over $3.4 trillion...