Other Spending
Latest
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Potential Savings from Shrinking the Federal Workforce
The Trump Administration has called for significant reductions to the federal workforce and has begun the process by laying off a number of federal...
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Government Shutdowns Q&A: Everything You Should Know
Discretionary funding for Fiscal Year (FY) 2025 will expire on March 14, and Congress has so far enacted zero of the 12 full-year appropriations bills...
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Options for Student Loan Savings
The federal student loan program has a $1.6 trillion outstanding portfolio of loans and is projected to issue an additional trillion dollars in loans...
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Pell Grant Program Is In Serious Trouble
The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion to $111 billion ten-year...
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More than 4/5 of Spending Growth Will Come from Social Security, Health, & Interest
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About...
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Lawmakers Add $380 Billion to the Debt in the Final Hours of 2024
With the passage of the Social Security Fairness Act and the American Relief Act, Congress and the President approved $1 trillion in new ten-year debt...
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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...