Other Spending
Latest
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New CBO Estimate Should Send IDR Plan Back to Drawing Board
Read moreThe Congressional Budget Office (CBO) estimates the President’s proposed income-driven repayment (IDR) plan for student loans will cost $230 billion...
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House Freedom Caucus Proposes up to $3.7 Trillion in Savings for Debt Ceiling Vote
Read moreThe House Freedom Caucus released today a proposal for the upcoming debt ceiling negotiations. Its members call for repealing the announced student...
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Comments on Proposed IDR Rule
Read moreOn February 9, Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein submitted comments on the...
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New Study Finds Student Loan Pause is Regressive
Read moreA recent analysis by Diego Briones, Sarah Turner, and Eileen Powell of the University of Virginia found that the current student loan payment pause...
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Congress Must Responsibly Raise the Debt Limit
Read moreToday, the Treasury Department announced that it has begun engaging in a set of accounting tools known as “extraordinary measures” to avoid breaching...
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Congress Should Limit Discretionary Spending to Help Control the Debt
Read moreAccording to press reports, a number of Members of Congress have called for reducing fiscal year (FY) 2024 appropriations levels back to FY 2022...
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December Deficit Tops $82 Billion
Read moreThe United States borrowed $82 billion in December, making the total for fiscal year 2023 so far $418 billion according to the latest Monthly Budget...
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Proposed Student Loan Rule Is Costly and Flawed
Read moreToday, the Department of Education released a proposed rule to create a new and highly problematic income-driven repayment (IDR) plan for federal...
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FY 2023 Omnibus Means Over $700 Billion Boost to Baseline Spending
Read moreThe recently-passed Fiscal Year (FY) 2023 omnibus appropriations package will substantially boost appropriations levels this fiscal year and into the...
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House Rules Package Would Make It Too Easy to Add More to the Debt
Read moreThe House of Representatives is expected to vote sometime soon on a new rules package for the 118 th Congress, which includes a number of changes to...
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Congress Approved $113 Billion of Aid to Ukraine in 2022
Read moreSince Russia launched its invasion of Ukraine less than one year ago, Congress has approved more than $113 billion of aid and military assistance to...
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Appropriations Watch: FY 2023
Read moreUpdated 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...