Top 7 Fiscal Charts from 2016
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016
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Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016
Compensation and medical care make up about 40 percent of the defense budget.
https://www.pgpf.org/chart-archive/0216_compensation_defense_budget
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
https://www.pgpf.org/blog/2024/02/what-is-the-national-debt-costing-us
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
By making smart, strategic decisions about future national security requirements policymakers can ensure that our military is strong and that we are prepared to defend our nation from threats while also avoiding potential waste of precious national resources
They are burdened by record student debt. They are entering the workforce during a time of unprecedented economic uncertainty, in a nation with crumbling infrastructure, a climate in crisis, and rising inequality.
The United States spent $766 billion on national defense during fiscal year (FY) 2022 according to the Office of Management and Budget, which amounted to 12 percent of federal spending.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
The United States spends more on defense than the next 9 countries combined.
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.