Committee for a Responsible Federal Budget

Taxes

May 15, 2020 | Blog Paper Press Release | 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...
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Apr 10, 2020 | Blog Paper Press Release | Taxes

Phase IV COVID Relief Shouldn’t Be Tax Cuts 2.0

In response to the unprecedented economic crisis caused by the coronavirus (COVID-19) pandemic, lawmakers have enacted three pieces of legislation...
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Upcoming Congressional Fiscal Policy Deadlines

Updated 4/9/2020: On March 27, the President signed into law 

Bernie Sanders's Coronavirus Relief Package

Democratic presidential candidate Senator Bernie Sanders (I-VT) released his
Mar 31, 2020 | Blog Paper Press Release | Taxes

Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis

With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering retroactively raising the $...
Mar 31, 2020 | Blog Paper Press Release | Taxes

Loosening the SALT Cap is Poorly Targeted

The third COVID-19 relief bill was signed on Friday, and lawmakers are now starting to propose ideas for the next round of stimulus....
Mar 11, 2020 | Blog Paper Press Release | Taxes

How Much Would Suspending the Payroll Tax Cost?

Policymakers are discussing several economic stimulus ideas in response to the coronavirus outbreak, including reports that yesterday President Tru
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Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark
Mar 3, 2020 | Blog Paper Press Release | Taxes

How Much Does a Payroll Tax Holiday Cost?

President Trump tweeted support for a one-year payroll tax cut Monday

Pete Buttigieg's Climate Change Plan

Democratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change

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