Domestic Spending
Latest
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
ARCHIVE #2: How Long Before Cancelled Student Debt Would Return?
Read moreNote: This analysis has been updated from the original version to reflect new estimates of how long it would take for the amount of student debt owed...
-
Six Ways to Fight Inflation
Read morePersonal Consumption Expenditure (PCE) inflation rose by 6.3 percent over the past year and 0.6 percent last month according to new data from the...
-
Reducing Drug Prices and the Tax Gap
Read moreAs lawmakers negotiate a possible reconciliation bill, they should look to offsets from the House-passed Build Back Better Act (BBB) to help fund new...
-
Appropriations 101
Read moreNote: This paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress...