Other Spending
Latest
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Latest Student Loan Payment Pause Brings Total Cost to $155 Billion
Read moreThe Biden Administration announced another extension of the student loan repayment moratorium through the end of December as part of their larger...
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Maya MacGuineas: Biden’s Student Loan Plan Will Come at a Steep Cost for the Economy
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Student Debt Changes Would Boost Inflation
Read moreThe student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...
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White House Should Produce Debt Cancellation Cost Estimates
Read moreTwo days after announcing executive action to cancel large amounts of student debt, the White House has failed to produce either a cost estimate or a...
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Everything You Need to Know About Student Debt Cancellation
Read moreBelow are a few frequently asked questions about student debt cancellation and proposals around it. Whose debt has been cancelled? How much will Biden...
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Debt Cancellation Plan Is Costly, Inflationary, and Cynical
Read moreToday President Biden announced his plan to cancel $10,000 per borrower of student debt by executive action for households who make less than $250,000...
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New Student Debt Changes Will Cost Half a Trillion Dollars
Read moreNote (9/26/2022): The Congressional Budget Office (CBO) has released an estimate that debt cancellation will cost $400 billion . Using new information...
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White House Should Repeal Drug Rebate Rule as Part of Inflation Reduction Act Agreement
Read moreLater today, President Biden will sign the Inflation Reduction Act (IRA). In its original agreement, the IRA would have permanently prohibited...
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A True Pivot in Budgeting
Read moreMoments ago, the House passed the Inflation Reduction Act, which would reduce the deficit substantially this decade and beyond. The bill passed the...
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Senate Takes First Step Toward Fixing Our Debt
Read moreMoments ago, the Senate passed the Inflation Reduction Act. The following is a statement from Maya MacGuineas, president of the Committee for a...
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Budget Experts Urge Congress to Enact Deficit Reduction
Read moreToday, 55 of the nation’s top budget experts issued a letter calling for Congress to enact deficit reduction in the coming months and years in order...
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Congress Should Not Water Down Inflation Reduction Act
Read moreThe Senate will soon consider the Inflation Reduction Act, a health care, energy, climate, and tax bill that would reduce deficits by roughly $305...