Committee for a Responsible Federal Budget
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Blog | September 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.
Sep 21, 2020 | Budgets & Projections

CBO Releases 2020 Long-Term Budget Outlook

The Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-...
Sep 18, 2020 | Taxes

Maya MacGuineas Joins ABC News Live to Discuss Payroll Tax Deferral

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on ABC News Live. She joined the show to discuss the...
Sep 16, 2020 | Other Spending

COVID Relief Includes $360 Billion of State and Local Aid

This analysis has been updated based on new information. As of October 15, we estimate roughly $280 billion of allowed federal aid to state and...
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CBO Projects Major Trust Fund Exhaustions on the Horizon

A number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and...
Sep 10, 2020 | Other Spending

$2.2 of $4 Trillion in Fiscal Relief is Out the Door

We update our interactive COVID Money Tracker tool every week to reflect new COVID relief spending and estimates.  This week's...
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Sep 2, 2020 | Budgets & Projections

CBO Projects Debt Will Reach New Record

The Congressional Budget Office (CBO) just released its updated Budget Outlook, showing that the COVID-19 public health and economic crisis has...