Policy Library

5 documents

Budget Process Reforms Included in Debt Limit Legislation
Congressional Research Service · 2023-02-09 · Reports · 8,265 words
The amount of money that Treasury may borrow is restricted by a statutory limit on the debt, which is currently set to reach its limit of $31.385 trillion sometime in 2023. In the past 40 years, 48 me...
The Department of Education’s Notice of Proposed Rulemaking on Improving Income-Driven Repayment for the Direct Loan Program: Frequently Asked Questions
Congressional Research Service · 2023-02-09 · Reports · 10,134 words · PDF available
On January 11, 2023, the Department of Education (ED) published a Notice of Proposed Rulemaking (NPRM) to make a number of substantial amendments to the federal student loan income-driven repayment (I...
The Social Security Retirement Age: An Overview
Congressional Research Service · 2023-02-09 · Resources · 1,353 words · PDF available
Introduction Social Security is a work-based federal insurance program that provides monthly cash benefits to workers and their eligible family members in the event of a worker’s retirement, disabilit...
Loss and Damage Associated with the Effects of Climate Change: Recent Developments
Congressional Research Service · 2023-02-09 · Resources · 1,624 words · PDF available
Repeated scientific assessments have concluded, with increased confidence over time, that greenhouse gas (GHG) emissions associated with human activities have led to rising global temperatures and oth...
The IRS’s General Welfare Exclusion
Congressional Research Service · 2023-02-09 · Resources · 1,863 words · PDF available
The Internal Revenue Service (IRS) has concluded that certain payments under legislatively provided social benefit programs that promote the general welfare are excludable from a recipient’s gross inc...