Domestic Spending
Latest
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Appropriations Watch: FY 2022
Updated 7/5/22: For news on the appropriations process for the upcoming fiscal year, please see Appropriations Watch: FY 2023. The Senate passed a...
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Fight Inflation by Lowering Deficits, Not Boosting Them
Yesterday, President Biden told reporters the Administration was nearing decisions on whether to cancel student debt by executive order and whether to...
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VA Bill Will Cost Hundreds of Billions of Dollars
The Senate is expected to vote on the Honoring our PACT Act this week, which would add at least $277 billion to deficits through 2031 and would...
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Veterans Bill Needs Offsets
The Senate is set to vote on the Honoring our PACT Act of 2021, which provides health and disability to veterans who may have been exposed to toxic...
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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...