Domestic Spending
Latest
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Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
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Congress Should Avoid Budget-Busting Omnibus
Read moreCongressional negotiators are apparently discussing a Fiscal Year 2023 omnibus appropriations bill of $1.65 trillion or higher, which would represent...
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Maya MacGuineas: Washington should make a pledge: No new debt for the rest of 2022
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Year-End Borrowing Could Worsen Deficits and Inflation
Read moreWith inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
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The Biden Administration Has Approved $4.8 Trillion of New Borrowing
Read moreNote: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...
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CBO Scores IRA with $238 Billion of Deficit Reduction
Read moreThe Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $238 billion...
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How Long Before Cancelled Student Debt Would Return?
Read moreNote: This analysis has been updated to reflect President Biden’s announced cancellation plan . You can read the original version here. President...
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Student Debt Changes Would Boost Inflation
Read moreThe student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...
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Everything You Need to Know About Student Debt Cancellation
Read moreBelow are a few frequently asked questions about student debt cancellation and proposals around it. Whose debt has been cancelled? How much will Biden...
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What's In the Inflation Reduction Act?
Read moreUpdate (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Act, finding it will...
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More Borrowing Will Hurt Competitiveness
Read moreThis week, the Senate is moving forward on a compromise “chips-plus” economic competitiveness bill. Though there is not yet a score from the...
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Reconciliation Criticisms Are Off Base
Read moreAs possible elements of a deficit-reducing reconciliation agreement have emerged, critics have attacked the plan for increasing recession risk...