Their first legislative move will seek to cut billions in funding that Democrats passed last year to help the agency crack down on tax cheats.
Tag: Congressional Budget Office
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Supreme Court to Hear Case on Biden’s Student Loan Debt Forgiveness
The justices left in place an injunction blocking the Biden administration’s authority to forgive up to $20,000 in debt per borrower.
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Biden Opens Applications for Student Debt Cancellation
The government hopes to help tens of millions of borrowers before federal student loan payments are due again in January.
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White House Student Loan Forgiveness Could Cost About $400 Billion
The estimate by the nonpartisan Congressional Budget Office renewed the debate between supporters of debt forgiveness and those who say the initiative amounts to reckless spending.