Latest
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CBO Reports $217 Billion Deficit for August
Read moreThe United States borrowed over $944 billion in the first 11 months of fiscal year 2022, including $217 billion in August, according to the latest ...
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House Group Requests President Biden Fully Repeal Rebate Rule
Read moreA group of House Members, led by Representatives Scott Peters (D-CA) and Jared Golden (D-ME), sent a letter to President Biden calling for the...
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CBO Scores IRA with $238 Billion of Deficit Reduction
Read moreThe Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $238 billion...
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Congress Should Offset New Supplemental Spending
Read moreAs lawmakers prepare a continuing resolution (CR) to extend current government funding levels, the White House has requested about $47 billion in...
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Ending the Student Debt Pause in January is a Cost, Not an Offset
Read moreLast week, the Biden administration announced a plan to forgive a portion of outstanding student debt, extend the moratorium on student loan payments...
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How Long Before Cancelled Student Debt Would Return?
Read moreNote: This analysis has been updated to reflect President Biden’s announced cancellation plan . You can read the original version here. President...
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Michael Murphy: Biden's student debt 'cancellation' defies sense, drives deficit
Read moreMichael Murphy is the chief of staff and director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an opinion...
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Committee Sends Letter to CMS on Medicare Advantage
Read moreOn August 31, the Committee for a Responsible Federal Budget commented on the Centers for Medicare and Medicaid Services' request for information on...
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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...