Jul 30, 2020 | Economics
Did GDP Fall by One-Third?
In their reporting on the Bureau of Economic Analysis's (BEA) second quarter Gross Domestic Product (GDP) report, several news ...
Blog | July 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.
Jul 30, 2020 | Budgets & Projections
Dave McCurdy: Horn leading the way on fixing nation's budget
Dave McCurdy is a former Democratic member of Congress representing Oklahoma’s 4th District and member of the Committee for a Responsible...
Jul 29, 2020 | Other Spending
What's in the $1.1 Trillion HEALS Act?
The Senate recently introduced the Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act designed to further address the public...
Jul 28, 2020 | Budget Process
Explaining the TRUST Act: Just the FAQs
As the COVID-19 recession continues, Congress is debating additional fiscal support, economic relief, and public health spending.
The Senate...
Jul 28, 2020 | Other Spending
Maya MacGuineas Testifies at Senate COVID-19 Fiscal Oversight Hearing
Committee for a Responsible Federal Budget president Maya MacGuineas testfied on July 28 before the Senate Homeland Security and Government...
Jul 24, 2020 | Budget Process
Correcting the Record on the TRUST Act
Senate Majority Leader Mitch McConnell (R-KY) yesterday confirmed prior press reports that the Senate majority pandemic response ...
Jul 24, 2020 | Other Spending
Marjorie Margolies: Treat pandemic but don’t forget debt
Marjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. ...
Major Trust Funds Headed for Insolvency Within 11 Years
A number of important federal programs, such as Social Security and Medicare, are financed through dedicated revenue sources and...
Jul 20, 2020 | Economics
Income Has Risen Through the COVID Recession But That May Soon Change
Despite the sharpest economic contraction is modern history, personal income has actually grown since the COVID-19 crisis started through May. While...
Jul 17, 2020 | Budget Process
Citizens Against Government Waste’s 2020 Pig Book Highlights Appropriations Abuses
Last week, Citizens Against Government Waste (CAGW) released their 2020 Congressional Pig Book to highlight the irresponsible spending that continues...