Committee for a Responsible Federal Budget
Washington Monument

Blog | August 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.
Concept_calculator
Aug 27, 2020 | Taxes

Would Joe Biden Significantly Raise Taxes on Middle Class Americans?

During the 2020 Republican National Convention, several speakers claimed that Democratic nominee and former Vice President Joe Biden would...
Concept_calculator
Aug 27, 2020 | Budget Process

Pairing Debt Limit Reform with Budget Goals

A recent bipartisan House letter from 30 Democrats and 30 Republicans requests budget reforms in forthcoming legislation, such as combining...
Aug 26, 2020 | Health Care

$412 Billion in COVID Funds Are Earmarked for the Health Industry

Our brand new, state-of-the-art interactive COVID Money Tracker tool follows every dollar authorized and spent by Congress, the Federal...
Aug 25, 2020 | Economics

Janet Yellen and Jared Bernstein: The Senate Is on Vacation While Americans Starve

Janet Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, a former Chair of the Federal...
Aug 17, 2020 | Other Spending

Welcome to the New COVID Money Tracker

The Committee for a Responsible Federal Budget is excited to announce the launch of our interactive COVID Money Tracker tool. The COVID Money...
Aug 16, 2020 | Other Spending

How Much COVID Relief Has Been Spent So Far?

Our brand new, state-of-the-art interactive COVID Money Tracker tool follows every dollar authorized and spent by Congress, the Federal Reserve, and...
Donald Trump
Aug 8, 2020 | Other Spending

How Much Would President Trump's Executive Orders Cost?

Update 8/10/20: We have revised our estimates downward to reflect our understanding from the final text of the memorandum that the payroll tax...
Aug 7, 2020 | Other Spending

Comparing the Heroes and HEALS Acts

As lawmakers formulate the next round of fiscal relief to fight the COVID-19 public health and economic crisis, two pieces of legislation have...
Concept_Money_Green
Aug 6, 2020 | Other Spending

How Much Have States Spent from the Coronavirus Relief Fund?

The Coronavirus Aid, Recovery, and Economic Security (CARES) Act created a $150 billion Coronavirus Relief Fund to provide direct...