Committee for a Responsible Federal Budget15h
Student Loans Cost $340 Billion More than Expected
Based in part on new data from the Congressional Budget Office, this piece shows: The estimated federal cost of student loans ...
Committee for a Responsible Federal Budget14h
Budget Reconciliation Should Be Used to Reduce the Debt, Not Add to It
Congress is preparing to use budget reconciliation to fast-track consideration of a number of new policies, including, according to ...
Committee for a Responsible Federal Budget1d
College Cost Reduction Act Could Now Save $250-$280 Billion
In January, the House Education and Workforce Committee reported out the College Cost Reduction Act (CCRA), which would make several changes to the student loan and Pell Grant programs for a savings ...
Committee for a Responsible Federal Budget5d
$700 Billion of Easy Deficit Reduction
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's Monthly Budget Review. The rolling deficit is $188 ...
Committee for a Responsible Federal Budget5d
CRFB Statement on Department of Government Efficiency
Regardless of political views, we should all want the federal government to spend scarce dollars wisely. An aggressive effort to reduce waste, fraud, abuse, and inefficiencies could save billions or ...
Committee for a Responsible Federal Budget1d
Reconciliation 101
Reconciliation is a special legislative process created as part of the Budget Act of 1974. It is intended to help lawmakers make the tax and mandatory spending changes necessary to meet the levels ...