The Moment of Truth (@bowlessimpson) 's Twitter Profile
The Moment of Truth

@bowlessimpson

Official account of The Moment of Truth Project chaired by Erskine Bowles and Al Simpson continuing the work of the Simpson-Bowles Fiscal Commission

ID: 272022357

linkhttp://www.momentoftruthproject.org calendar_today25-03-2011 17:16:29

12,12K Tweet

5,5K Followers

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CRFB.org (@budgethawks) 's Twitter Profile Photo

Budget reconciliation is in the spotlight. What can be done through it? What can't? We're hosting an expert virtual panel discussion THIS THURSDAY featuring our Marc Goldwein, Zach Moller of Third Way Economic and @FiatSlugz of The Concord Coalition. Learn more & RSVP today secure.everyaction.com/g9msPrZvKEiRCa….

Budget reconciliation is in the spotlight. What can be done through it? What can't? We're hosting an expert virtual panel discussion THIS THURSDAY featuring our <a href="/MarcGoldwein/">Marc Goldwein</a>, <a href="/econwonk/">Zach Moller</a> of <a href="/ThirdWayEcon/">Third Way Economic</a> and @FiatSlugz of <a href="/ConcordC/">The Concord Coalition</a>. Learn more &amp; RSVP today secure.everyaction.com/g9msPrZvKEiRCa….
CRFB.org (@budgethawks) 's Twitter Profile Photo

NEW: Building a Responsible COVID Relief Package We should spend what's necessary to end the pandemic, but a new relief package should be targeted for true economic and health care needs. Measures unrelated to the crisis should be removed or paid for. crfb.org/press-releases…

CRFB.org (@budgethawks) 's Twitter Profile Photo

There are key differences between the #COVID19 plans from Pres. Biden and a group of GOP senators. We just published a detailed comparison. See how the plans stack up crfb.org/blogs/presiden…

There are key differences between the #COVID19 plans from Pres. Biden and a group of GOP senators. We just published a detailed comparison. See how the plans stack up crfb.org/blogs/presiden…
CRFB.org (@budgethawks) 's Twitter Profile Photo

Have you RSVPd for our timely virtual event Thursday featuring experts discussing budget reconciliation? If not, register now. RSVP form and details at secure.everyaction.com/g9msPrZvKEiRCa….

CRFB.org (@budgethawks) 's Twitter Profile Photo

This is a great visual analysis using #COVIDMoneyTracker data. Dig even deeper using our interactive tool covidmoneytracker.org.

CRFB.org (@budgethawks) 's Twitter Profile Photo

From our preliminary look at the new CBO budget baseline: National debt will be slightly lower than projected late last year, but will still reach a record of 107% of GDP by 2031 crfb.org/blogs/cbo-rele…. Stay tuned for a deeper dive later today.

From our preliminary look at the new CBO budget baseline: 

National debt will be slightly lower than projected late last year, but will still reach a record of 107% of GDP by 2031 crfb.org/blogs/cbo-rele….

Stay tuned for a deeper dive later today.
CRFB.org (@budgethawks) 's Twitter Profile Photo

Hot off the presses: Our full analysis of today's CBO budget outlook. One tidbit: CBO projects the deficit will total $2.3 trillion (10.3% of GDP) in 2021, fall to a low of $905 billion (3.6%) in 2024, and grow to $1.9 trillion (5.7%) in 2031 crfb.org/papers/analysi….

Hot off the presses: Our full analysis of today's CBO budget outlook. One tidbit: CBO projects the deficit will total $2.3 trillion (10.3% of GDP) in 2021, fall to a low of $905 billion (3.6%) in 2024, and grow to $1.9 trillion (5.7%) in 2031 crfb.org/papers/analysi….
CRFB.org (@budgethawks) 's Twitter Profile Photo

As Congress considers additional #COVID19 relief, here are some principles to guide lawmakers crfb.org/press-releases….

CRFB.org (@budgethawks) 's Twitter Profile Photo

"Maya MacGuineas, president of the Committee For a Responsible Federal Budget said the CBO data argues in favor of a more targeted stimulus approach and “serious pay-fors” for infrastructure." reuters.com/article/us-usa…

CRFB.org (@budgethawks) 's Twitter Profile Photo

"We shouldn’t shy away from borrowing what’s needed to end this pandemic, support the recovery, and help sustain households and businesses through this crisis. But along the way, we can’t afford to ignore the long term." crfb.org/press-releases…

CRFB.org (@budgethawks) 's Twitter Profile Photo

Former U.S. Comptroller General David Walker: "We must do what we can to address the challenges of today while also taking steps to help create a better tomorrow." thehill.com/blogs/congress…

CRFB.org (@budgethawks) 's Twitter Profile Photo

Congress faces a series of fiscal deadlines this year that will force lawmakers to act on critical matters. See more deadlines at crfb.org/blogs/upcoming….

Congress faces a series of fiscal deadlines this year that will force lawmakers to act on critical matters. See more deadlines at crfb.org/blogs/upcoming….
CRFB.org (@budgethawks) 's Twitter Profile Photo

The latest projections from the nonpartisan Congressional Budget Office show that rising national debt will need to be addressed after the economy is strong again. See our analyses of the 10-year and long-term budget outlook crfb.org/papers/analysi… & crfb.org/blogs/cbo-rele….

The latest projections from the nonpartisan Congressional Budget Office show that rising national debt will need to be addressed after the economy is strong again. See our analyses of the 10-year and long-term budget outlook crfb.org/papers/analysi… &amp; crfb.org/blogs/cbo-rele….
CRFB.org (@budgethawks) 's Twitter Profile Photo

There are risks if too much stimulus is injected into the economy. Policymakers should consider what could happen if a COVID package overshoots the mark crfb.org/blogs/how-much….

There are risks if too much stimulus is injected into the economy. Policymakers should consider what could happen if a COVID package overshoots the mark crfb.org/blogs/how-much….
CRFB.org (@budgethawks) 's Twitter Profile Photo

As lawmakers deliberate on a new COVID relief package, here are some principles they should follow crfb.org/press-releases….

As lawmakers deliberate on a new COVID relief package, here are some principles they should follow crfb.org/press-releases….
CRFB.org (@budgethawks) 's Twitter Profile Photo

Fmr CEA Chair Greg Mankiw in The New York Times: "According to the Committee for a Responsible Federal Budget, the fiscal packages already in place, measured as [a share of GDP], are about a quarter larger than those enacted during the Great Recession of 2008." nytimes.com/2021/02/26/bus…

CRFB.org (@budgethawks) 's Twitter Profile Photo

Addressing the current crisis is the priority, but national debt will rise to record levels in the years to come. Policymakers will need to confront this when the economy recovers. See crfb.org/papers/analysi… and crfb.org/blogs/cbo-rele….

Addressing the current crisis is the priority, but national debt will rise to record levels in the years to come. Policymakers will need to confront this when the economy recovers. See crfb.org/papers/analysi… and crfb.org/blogs/cbo-rele….
CRFB.org (@budgethawks) 's Twitter Profile Photo

The House plans to vote today on the latest #COVID19 relief package. See five ways it could be improved crfb.org/blogs/five-way….

CRFB.org (@budgethawks) 's Twitter Profile Photo

The House plans to vote on the $1.9 trillion #COVID19 relief package late tonight. See the how it emerged from several committees crfb.org/blogs/whats-19….