Other Spending
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Appropriations 101
This paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
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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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Representatives Lee and Pocan Introduce Defense Spending Cuts Legislation
Earlier this week, Defense Spending Reduction Caucus Co-Chairs Congresswoman Barbara Lee (D-CA) and Congressman Mark Pocan (D-WI) introduced the...
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Event Recap: Fiscal Solutions to Climate Change
On May 17, the Committee for a Responsible Federal Budget hosted an event on the "Fiscal Solutions to Climate Change." The virtual event featured a...
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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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Social Security and Medicare Are Approaching Insolvency
The Social Security and Medicare Trustees released their annual reports on the state of the trust funds today. The Trustees find that Medicare’s...
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CBO Updates Major Trust Fund Baselines
The Congressional Budget Office (CBO) updated its projections last week on the financial status of the major trust funds for Medicare Hospital...
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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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Committee Co-Chair Mitch Daniels on CNBC's 'Squawk Box'
Committee for a Responsible Federal Budget Co-Chair Mitch Daniels, president of Purdue University and former director of the Office of Management and...
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Adding Up Aid to Ukraine from the U.S. and the Rest of the World
Policymakers are currently considering an additional aid package to Ukraine, with $41 billion of support split roughly evenly between military aid and...