Other Spending
Latest
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VA Bill Will Cost Hundreds of Billions of Dollars
Read moreThe Senate is expected to vote on the Honoring our PACT Act this week, which would add at least $277 billion to deficits through 2031 and would...
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Veterans Bill Needs Offsets
Read moreThe Senate is set to vote on the Honoring our PACT Act of 2021, which provides health and disability to veterans who may have been exposed to toxic...
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Social Security and Medicare Are Approaching Insolvency
Read moreThe Social Security and Medicare Trustees released their annual reports on the state of the trust funds today. The Trustees find that Medicare’s...
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CBO Updates Major Trust Fund Baselines
Read moreThe Congressional Budget Office (CBO) updated its projections last week on the financial status of the major trust funds for Medicare Hospital...
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Rumored Student Loan Cancellation Would Cost $230 Billion
Read morePress reports indicate that President Biden could soon announce a plan to cancel at least $10,000 in debt for the vast majority of student loan...
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Committee Co-Chair Mitch Daniels on CNBC's 'Squawk Box'
Read moreCommittee for a Responsible Federal Budget Co-Chair Mitch Daniels, president of Purdue University and former director of the Office of Management and...
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Adding Up Aid to Ukraine from the U.S. and the Rest of the World
Read morePolicymakers are currently considering an additional aid package to Ukraine, with $41 billion of support split roughly evenly between military aid and...
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Marc Goldwein: Student Debt Cancellation a Bad Deal for 85% of Americans
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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Lawmakers Should Offset Competitiveness Bill
Read moreThis week, the Senate is voting on motions to instruct the conferees for H.R.4521, known as the United States Innovation and Competition Act or the...
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Means-Testing Student Debt Cancellation is Still Costly and Regressive
Read moreAmid criticisms that student debt cancelation would be costly and regressive, the Biden Administration is apparently considering means-testing debt...
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Debt Cancellation Is Costly, Regressive, and Inflationary
Read moreAccording to press reports, President Biden is seriously considering cancelling a large swath of student debt – perhaps more than the $10,000 per...
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More Information Is Needed Before Student Loan Changes Take Effect
Read moreThe Department of Education yesterday announced several changes to the student loan program, including a one-time policy to retroactively count any...