Other Spending
Latest
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CRFB Reacts to President Biden’s Student Loan Plan
President Biden today announced a new student debt cancellation plan. Specifically, the plan would cancel up to $20,000 of accrued interest for...
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Student Debt Cancellation Resources Page
Overview Student debt cancellation has gained attention in recent years as a policy proposal to address rising student debt levels in the United...
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New RECA Bill Would Worsen the Debt
The Senate is expected to vote this week on a bill ( S.3853) to dramatically expand the Radiation Exposure Compensation Act (RECA) created to...
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College Cost Reduction Act Could Save $150 Billion, Lower Tuitions
UPDATE: On May 10, 2024, the Congressional Budget Office estimated the College Cost Reduction Act would save $185 billion over a decade, including...
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Congress Just Prevented Pell Costs from Exploding
The cost of the Pell Grant program already exceeds its funding. A recently announced change from the Department of Education, made due to an error in...
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Government Shutdowns Q&A: Everything You Should Know
The third continuing resolution (CR) for Fiscal Year (FY) 2024 expires in two tranches, the first of which funds 4 of the 12 appropriations bills and...
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84 Percent of Spending Growth Will Come from Health, Social Security, and Interest
Budget deficits are projected to grow from $1.7 trillion in Fiscal Year (FY) 2023 to $2.6 trillion by 2034 according to the Congressional Budget...
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What's in the Senate-Passed National Security Supplemental?
Earlier this week, the Senate passed the National Security Act that combines aid to Ukraine and Israel with other defense-related priorities. Based on...
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Senate Set to Consider $118 Billion National Security & Border Package
The Senate is set this week to consider the National Security and Supplemental Appropriations Act that combines aid to Ukraine and Israel with border...
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Don’t Add SALT to the Tax Deal
According to press reports, the House is considering new tax cuts and changes to follow the Committee-passed tax agreement that would expand the Child...
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Government Shutdowns Q&A: Everything You Should Know
This paper has been updated here. The second continuing resolution (CR) for fiscal year (FY) 2024 expires in two tranches, the first of which funds 4...
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OMB & CBO Release Memos on FY 2024 Discretionary Spending Limits
The Office of Management and Budget (OMB) recently released a Frequently Asked Questions document and the Congressional Budget Office (CBO) published...