Other Spending
Latest
-
Congress Must Responsibly Raise the Debt Limit
Today, the Treasury Department announced that it has begun engaging in a set of accounting tools known as “extraordinary measures” to avoid breaching...
-
December Deficit Tops $82 Billion
The United States borrowed $82 billion in December, making the total for fiscal year 2023 so far $418 billion according to the latest Monthly Budget...
-
Proposed Student Loan Rule Is Costly and Flawed
Today, the Department of Education released a proposed rule to create a new and highly problematic income-driven repayment (IDR) plan for federal...
-
FY 2023 Omnibus Means Over $700 Billion Boost to Baseline Spending
The recently-passed Fiscal Year (FY) 2023 omnibus appropriations package will substantially boost appropriations levels this fiscal year and into the...
-
House Rules Package Would Make It Too Easy to Add More to the Debt
The House of Representatives is expected to vote sometime soon on a new rules package for the 118th Congress, which includes a number of changes to...
-
Congress Approved $113 Billion of Aid to Ukraine in 2022
Since Russia launched its invasion of Ukraine less than one year ago, Congress has approved more than $113 billion of aid and military assistance to...
-
Appropriations Watch: FY 2023
Updated 1/3/2023: The President signed the FY 2023 omnibus appropriations bill on Thursday, Dec. 29. The House passed the measure by a 221-205-1 vote...
-
What's in the FY 2023 Omnibus Bill?
Update (1/26/2023): The Congressional Budget Office score of both the direct spending and revenue provisions of the bill showed it would technically...
-
CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
As lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
-
End-of-Year Changes Need Offsets
As policymakers continue to negotiate a possible omnibus appropriations bill, there is also discussion of attaching a variety of revenue and mandatory...
-
Q&A: Everything You Should Know About Government Shutdowns
The new fiscal year (FY) began on October 1, 2022, and Congress has so far enacted none of the 12 appropriations bills setting discretionary spending...
-
Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Maya 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...