Domestic Spending
Latest
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Appropriations Watch: FY 2023
Updated 1/3/2023: The President signed the FY 2023 omnibus appropriations bill on Thursday, Dec. 29. The House passed the measure by a 221-205-1 vote...
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CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
As lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
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End-of-Year Changes Need Offsets
As policymakers continue to negotiate a possible omnibus appropriations bill, there is also discussion of attaching a variety of revenue and mandatory...
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Groups Urge Congress to Avoid Inflationary Medicare Spending
As Congress considers year-end legislation , the Committee for a Responsible Federal Budget joined with Employ America and Paragon Health, two...
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Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
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Congress Should Avoid Budget-Busting Omnibus
Congressional negotiators are apparently discussing a Fiscal Year 2023 omnibus appropriations bill of $1.65 trillion or higher, which would represent...
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Maya MacGuineas: Washington should make a pledge: No new debt for the rest of 2022
Maya 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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Year-End Borrowing Could Worsen Deficits and Inflation
With 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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The Biden Administration Has Approved $4.8 Trillion of New Borrowing
Prior to the pandemic, the U.S. national debt was on an unsustainable path. In 2020, policymakers appropriately enacted $3.4 trillion of additional...
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CBO Scores IRA with $238 Billion of Deficit Reduction
The Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $238 billion...
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How Long Before Cancelled Student Debt Would Return?
Note: This analysis has been updated to reflect President Biden’s announced cancellation plan . You can read the original version here. President...
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Student Debt Changes Would Boost Inflation
The student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...