Other Spending
Latest
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What Happens If DHS Shuts Down
Read moreFunding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will...
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Student Loan Costs Drop to Near Record Lows After Reconciliation Reforms
Read moreNote: This analysis has been updated from the original version to better reflect the effect that the Biden SAVE plan had on subsidy rates over time...
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George Will Highlights Potential Dangerous Path Ahead
Read moreIn an opinion piece for The Washington Post, columnist George Will writes about the six paths to a fiscal disaster outlined in our recent paper, “...
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Government Shutdowns Q&A: Everything You Should Know
Read moreFiscal Year (FY) 2026 began with the longest government shutdown in modern history, lasting from October 1, 2025 through November 12, 2025. On...
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What Would a Fiscal Crisis Look Like?
Read moreThe U.S. national debt is approaching record levels as a share of Gross Domestic Product (GDP) and currently stands at 100% of GDP, while interest...
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Trump Administration Continues Biden-Era Student Debt Cancellation with Latest Pause on Collections
Read moreToday, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset...
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Assessing FY 2026 Appropriations
Read moreWithout further appropriations, the federal government faces a partial government shutdown on January 30 as the continuing resolution (CR) funding...
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$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreIn a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he...
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Pell Grant Program Still Faces Large Shortfall, Despite One-Time Fix
Read moreThe Pell Grant program faces a large funding gap, despite the one-time infusion of funding enacted as part of the One Big Beautiful Bill Act (OBBBA)...
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What You Need for the End of the Fiscal Year
Read moreUpdated 11/17/25: After 43 days, the latest government shutdown ended on November 12 with a funding measure that provides full-year Agriculture...
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Tariff Dividends Could Cost $600 Billion Per Year
Read morePresident Trump proposed paying a dividend of “at least $2,000 a person” with new tariff revenue in a post on Truth Social this weekend. The post...
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Government Reopening Proposal Would be the Costliest in History
Read moreSome lawmakers have called for increasing federal health care spending by $1.5 trillion to permanently extend the expiring enhanced Affordable Care...