Domestic Spending
Latest
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How High Are Federal Interest Payments?
Read moreThis year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all...
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Marc Goldwein: The Prescription: Fiscal Policy for the COVID-19 Economy
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently appeared on The...
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Understanding the $1 Trillion in Unspent COVID Relief Funding
Read moreThe Senate-passed American Rescue Plan will deliver nearly $2 trillion of additional COVID relief on top of the $4 trillion already authorized. Yet...
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New Report Shows Troubling Outcomes for Short-Term-Education Programs
Read moreYesterday, New America published a new report by Monique O. Ositelu measuring employment outcomes of students who obtained short-term-education...
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Four Key Elements of the American Rescue Plan
Read moreIn light of the ongoing pandemic and economic crisis, there has been strong interest in pursuing further spending to expand vaccinations, contain the...
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Five Ways to Improve the House COVID Relief Package
Read moreRecently, we put forward our principles for responsible COVID relief. The $1.9 trillion American Rescue Plan currently under consideration in the...
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Pell Program Faces Funding Cliff in 2026
Read moreThe Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by 2031...
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State and Local Governments Do Not Need Half a Trillion in COVID Relief
Read moreThe American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. A number of...
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President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
Read morePresident Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
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America Faces a $380 Billion Output Gap
Read moreToday's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic recovery, but...
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Biden Campaign Plan Offers Menu of Offsets
Read moreWith Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...
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How Much COVID Relief Money Is Left?
Read moreNote: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $1.1...