Other Spending
Latest
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White House Calls for $40 Billion Supplemental
Read moreThe White House recently proposed a supplemental appropriations package to boost Fiscal Year (FY) 2024 ordinary appropriations by $40 billion above...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the...
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We Must Not Backslide on Fiscal Responsibility Act
Read moreThe bipartisan Fiscal Responsibility Act (FRA) enacted last month was projected to generate $1.5 trillion of deficit reduction – more than any...
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Senate Appropriations Supplemental Could Add $155 Billion to the Debt
Read moreSenate Appropriations Chair Patty Murray (D-WA) and Vice Chair Susan Collins (R-ME) announced yesterday that they would introduce add supplemental...
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Chartbook: The Fiscal Cost of Income-Driven Repayment (IDR)
Read moreThe Biden Administration recently finalized a rule to significantly expand student loan Income-Driven Repayment (IDR) plan. Although the Supreme Court...
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IRA Energy Provisions Could Cost Two-Thirds More Than Originally Estimated
Read moreAt the time of its passage, the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) estimated that the Inflation Reduction Act...
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CRFB Reaction to Supreme Court Student Debt Cancellation Ruling
Read moreThe Supreme Court ruled today that the Administration’s student debt cancellation plan is illegal and will not be allowed to go forward. The following...
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Maya MacGuineas on Bloomberg's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" to discuss the latest Long-Term Budget Outlook from the...
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Senators Introduce Thoughtful Higher Education Package
Read moreMembers of the Senate HELP Committee, led by Ranking Member Bill Cassidy (R-LA), along with Chuck Grassley (R-IA), John Cornyn (R-TX), Tim Scott (R-SC...
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W&M Tax Bill Undermines FRA Savings
Read moreThe American Families and Jobs Act (AFJA) that recently passed the House Ways and Means Committee would add $320 billion to the deficit over the next...
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Appropriations 101
Read moreThis paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
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Treasury Reports $1.2 Trillion Deficit For First 8 Months of Fiscal Year 2023
Read moreIn the first eight months of Fiscal Year 2023, the United States borrowed $1.2 trillion, including $240 billion in May, according to the latest...