Other Spending
Latest
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IRS Rescission Would Worsen Deficits
Read moreRescinding $25 billion of IRS funding would result in the loss of $49 billion in revenue and increase deficits by $24 billion over ten years...
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NDAA Includes $150 Billion Deficit-Increasing Program
Read moreThe Senate-passed National Defense Authorization Act for Fiscal Year (FY) 2024 (NDAA) would increase the deficit by $153 billion over a decade...
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Congress Avoids a Shutdown, But Leaves Much More to Be Done
Read moreThe House and Senate have approved a Continuing Resolution (CR) that funds the government at Fiscal Year 2023 appropriations levels and avoids a...
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Congress Should Avoid Shutdown Without Further Debt Increases
Read moreThere are just a few weeks left to avoid a government shutdown. Without either a continuing resolution or appropriations bills for Fiscal Year 2024...
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Government Shutdowns Q&A: Everything You Should Know
Read moreThis paper has been updated here. The new fiscal year (FY) begins on October 1, 2023, and Congress has so far enacted none of the 12 appropriations...
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White House Calls for $40 Billion Supplemental
Read moreThe White House recently proposed a supplemental appropriations package to boost Fiscal Year (FY) 2024 ordinary appropriations by $40 billion above...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the...
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We Must Not Backslide on Fiscal Responsibility Act
Read moreThe bipartisan Fiscal Responsibility Act (FRA) enacted last month was projected to generate $1.5 trillion of deficit reduction – more than any...
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Senate Appropriations Supplemental Could Add $155 Billion to the Debt
Read moreSenate Appropriations Chair Patty Murray (D-WA) and Vice Chair Susan Collins (R-ME) announced yesterday that they would introduce add supplemental...
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Chartbook: The Fiscal Cost of Income-Driven Repayment (IDR)
Read moreThe Biden Administration recently finalized a rule to significantly expand student loan Income-Driven Repayment (IDR) plan. Although the Supreme Court...
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IRA Energy Provisions Could Cost Two-Thirds More Than Originally Estimated
Read moreAt the time of its passage, the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) estimated that the Inflation Reduction Act...
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CRFB Reaction to Supreme Court Student Debt Cancellation Ruling
Read moreThe Supreme Court ruled today that the Administration’s student debt cancellation plan is illegal and will not be allowed to go forward. The following...