Other Spending
Latest
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Student Loans Cost $340 Billion More than Expected
Read moreBased 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
Read moreIn 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
Read moreThis 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
Read moreThe 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
Read moreToday 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
Read moreThis 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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Appropriations Watch: FY 2025
Read moreUpdated 9/27/24: On September 26, 2024, following passage by both chambers of Congress, the President signed a continuing resolution to extend...
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It’s Time to End the Employee Retention Tax Credit
Read moreThe 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
Read moreDiscretionary 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
Read moreImproper payments cost the federal government $236 billion in Fiscal Year (FY) 2023, according to testimony from the Government Accountability Office...
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Lawsuit Alleges Department of Education May Imminently Cancel Student Debt
Read moreAccording to a complaint filed by a coalition of state attorneys general (AGs) led by Missouri, the Department of Education is preparing student loan...
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Student Borrowers Deserve Solutions, Not More Legal Battles
Read moreLast week, the Department of Education announced it will take the “next step toward additional debt relief” for student loan borrowers. In particular...