Other Spending
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Deficit-Reducing Reconciliation Is Just What We Need
Earlier today, a group of 28 Members of Congress signed a letter to incoming Congressional leadership recommending a two-step reconciliation process...
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Comments on Proposed Student Debt Hardship Rule
On November 27, Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, and Senior Policy...
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Congress Should Avoid a Costly End-of-Year Package
With debt nearing record levels, interest payments surging, and major trust funds approaching insolvency, Congress should avoid worsening our already...
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Student Loans Cost $340 Billion More than Expected
Based in part on new data from the Congressional Budget Office, this piece shows: The estimated federal cost of student loans issued between 2015 and...
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College Cost Reduction Act Could Now Save $250-$280 Billion
In January, the House Education and Workforce Committee reported out the College Cost Reduction Act (CCRA), which would make several changes to the...
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CRFB Statement on Department of Government Efficiency
This week, President-elect Trump announced that he would be establishing a “Department of Government Efficiency” (DOGE) which would be tasked with...
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Recent Student Loan Actions Forgo $5 Billion in Repayments
The Department of Education announced last week a six-month extension of automatic forbearance to all borrowers enrolled in the SAVE income-driven...
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Proposed Hardship Rule a Brazen Attempt at Student Debt Cancellation
Today the Department of Education officially proposed regulations related to cancelling student debt due to “hardship.” It contains two provisions...
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The President Should Stop Borrowing Through Executive Action
This week, a Missouri court will hear oral arguments in a case challenging the legality of President Biden‘s student debt income-driven repayment plan...
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It’s Time to End the Employee Retention Tax Credit
The bipartisan Employee Retention Tax Credit Repeal Act was introduced this week by Senators Mitt Romney (R-UT), Thom Tillis (R-NC), and Joe Manchin...
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Government Shutdowns Q&A: Everything You Should Know
Discretionary funding for Fiscal Year (FY) 2024 will expire on September 30, and Congress has so far enacted zero of the 12 full-year appropriations...
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Improper Payments Cost the Government Billions
Improper payments cost the federal government $236 billion in Fiscal Year (FY) 2023, according to testimony from the Government Accountability Office...