Other Spending
Latest
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CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
As lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
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End-of-Year Changes Need Offsets
As policymakers continue to negotiate a possible omnibus appropriations bill, there is also discussion of attaching a variety of revenue and mandatory...
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Q&A: Everything You Should Know About Government Shutdowns
This paper has been updated here. The new fiscal year (FY) began on October 1, 2022, and Congress has so far enacted none of the 12 appropriations...
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Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
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Budget Experts Urge Congress: No New Borrowing for Remainder of 2022
Today budget experts from the Committee for a Responsible Federal Budget, Concord Coalition, Progressive Policy Institute, and R Street Institute sent...
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Student Loan Pause Could Cost $275 Billion
Note: (11/22/2022): The Department of Education announced it would extend the pause to the sooner of 60 days after resolution of the student debt...
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Year-End Borrowing Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
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Maya MacGuineas: Can Congress go 44 days without piling on more debt?
Maya 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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EARN Act Would Cost $80 Billion Without Gimmicks
This analysis is an update to a previous analysis of the Enhancing American Retirement Now Act to account for the introduction of the legislation...
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Policymakers Should Commit To No New Borrowing In 2022
Lawmakers are contemplating a year-end package that could include increased appropriations along with a variety of tax breaks and spending increases...
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Student Debt Payments Should Restart As Scheduled
The 33-month pandemic-era pause on student loan repayments is scheduled to end on December 31, after which borrowers will begin making loan payments...
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FY 2022 Deficit Totals $1.4 Trillion
The Congressional Budget Office (CBO) today released its final monthly budget review of Fiscal Year (FY) 2022, which shows that the budget deficit...