Other Spending
Latest
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Lawmakers Add $380 Billion to the Debt in the Final Hours of 2024
Read moreWith the passage of the Social Security Fairness Act and the American Relief Act, Congress and the President approved $1 trillion in new ten-year debt...
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Deficit-Reducing Reconciliation Is Just What We Need
Read moreEarlier today, a group of 28 Members of Congress signed a letter to incoming Congressional leadership recommending a two-step reconciliation process...
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Comments on Proposed Student Debt Hardship Rule
Read moreOn November 27, Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, and Senior Policy...
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Congress Should Avoid a Costly End-of-Year Package
Read moreWith debt nearing record levels, interest payments surging, and major trust funds approaching insolvency, Congress should avoid worsening our already...
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Student Loans Cost $340 Billion More than Expected
Read moreBased in part on new data from the Congressional Budget Office, this piece shows: The estimated federal cost of student loans issued between 2015 and...
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College Cost Reduction Act Could Now Save $250-$280 Billion
Read moreIn January, the House Education and Workforce Committee reported out the College Cost Reduction Act (CCRA), which would make several changes to the...
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CRFB Statement on Department of Government Efficiency
Read moreThis week, President-elect Trump announced that he would be establishing a “Department of Government Efficiency” (DOGE) which would be tasked with...
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Recent Student Loan Actions Forgo $5 Billion in Repayments
Read moreThe Department of Education announced last week a six-month extension of automatic forbearance to all borrowers enrolled in the SAVE income-driven...
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Proposed Hardship Rule a Brazen Attempt at Student Debt Cancellation
Read moreToday the Department of Education officially proposed regulations related to cancelling student debt due to “hardship.” It contains two provisions...
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The President Should Stop Borrowing Through Executive Action
Read moreThis week, a Missouri court will hear oral arguments in a case challenging the legality of President Biden‘s student debt income-driven repayment plan...
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It’s Time to End the Employee Retention Tax Credit
Read moreThe bipartisan Employee Retention Tax Credit Repeal Act was introduced this week by Senators Mitt Romney (R-UT), Thom Tillis (R-NC), and Joe Manchin...
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Improper Payments Cost the Government Billions
Read moreImproper payments made by the federal government totaled $236 billion in Fiscal Year (FY) 2023, according to testimony from the Government...