Domestic Spending
Latest
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Rumored Student Loan Cancellation Would Cost $230 Billion
Press reports indicate that President Biden could soon announce a plan to cancel at least $10,000 in debt for the vast majority of student loan...
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Debt Cancellation Is Costly, Regressive, and Inflationary
According to press reports, President Biden is seriously considering cancelling a large swath of student debt – perhaps more than the $10,000 per...
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More Information Is Needed Before Student Loan Changes Take Effect
The Department of Education yesterday announced several changes to the student loan program, including a one-time policy to retroactively count any...
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Can a Carbon Tax Fund Climate Investments?
Though the Senate will not consider the House-passed Build Back Better Act (BBB), there has been some discussion of reviving the legislation’s climate...
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Debt-Funded Restaurant Relief is Unwarranted
The House of Representatives today passed a $55 billion relief package aimed towards restaurants and other small businesses, including $42 billion for...
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Student Debt Pause Suggests Lack of Seriousness on Inflation and Deficits
According to news reports, the Administration will once again extend the current moratorium on student debt repayments, this time from May 1 through...
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What's in the FY 2022 Omnibus Bill?
Last week, Congress passed the Fiscal Year (FY) 2022 omnibus appropriations bill, which sets appropriations levels and allocations for the remainder...
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Time to Wind Down Remaining COVID Relief
Though most COVID relief has already been spent, several policies continue to provide ongoing financial support and could be renewed again by Congress...
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Heritage Foundation Releases 2022 Budget Blueprint
The Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...
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Cancelling Student Debt Would Add to Inflation
Lawmakers and advocates have loudened their calls to cancel student loan debt before the current re-payment moratorium ends on May 1 st. Given the...
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New Report Shows Student Debt Cancellation is Regressive
Recently, Adam Looney, Executive Director of the Marriner S. Eccles Institute at the University of Utah and a Nonresident Senior Fellow in Economic...
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CBO Estimates a Permanent Build Back Better
The Congressional Budget Office (CBO) today released an estimate of how much it would cost to make most temporary provisions in the House-passed Build...