Other Spending
Latest
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Budget Experts Urge Congress: No New Borrowing for Remainder of 2022
Read moreToday budget experts from the Committee for a Responsible Federal Budget, Concord Coalition, Progressive Policy Institute, and R Street Institute sent...
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Student Loan Pause Could Cost $275 Billion
Read moreNote: (11/22/2022): The Department of Education announced it would extend the pause to the sooner of 60 days after resolution of the student debt...
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Year-End Borrowing Could Worsen Deficits and Inflation
Read moreWith inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
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Maya MacGuineas: Can Congress go 44 days without piling on more debt?
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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EARN Act Would Cost $80 Billion Without Gimmicks
Read moreThis analysis is an update to a previous analysis of the Enhancing American Retirement Now Act to account for the introduction of the legislation...
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Policymakers Should Commit To No New Borrowing In 2022
Read moreLawmakers are contemplating a year-end package that could include increased appropriations along with a variety of tax breaks and spending increases...
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Student Debt Payments Should Restart As Scheduled
Read moreThe 33-month pandemic-era pause on student loan repayments is scheduled to end on December 31, after which borrowers will begin making loan payments...
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FY 2022 Deficit Totals $1.4 Trillion
Read moreThe Congressional Budget Office (CBO) today released its final monthly budget review of Fiscal Year (FY) 2022, which shows that the budget deficit...
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Is Biden's Student Debt Cancellation Plan Still Regressive?
Read moreThe Biden Administration’s new $420 billion student debt cancellation and repayment pause plan will deliver the majority of the benefits to those in...
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U.S. Gross Debt Tops $31 Trillion
Read moreThe gross national debt of the United States eclipsed $31 trillion yesterday, just nine months after the federal government’s gross debt exceeded $30...
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Committee Co-Chair Timothy Penny on KROC Minnesota Radio
Read moreCommittee for a Responsible Federal Budget Co-Chair Timothy Penny, former representative for Minnesota’s first Congressional district and president...
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Debt Cancellation is Too Costly, CBO Confirms
Read moreToday, the Congressional Budget Office (CBO) estimated that the Administration’s proposal to cancel up to $10,000 or $20,000 of debt per student loan...