What Are Interest Costs on the National Debt?
Interest costs are on track to become the largest category of spending in the federal budget.
https://www.pgpf.org/budget-basics/what-are-interest-costs-on-the-national-debt
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Interest costs are on track to become the largest category of spending in the federal budget.
https://www.pgpf.org/budget-basics/what-are-interest-costs-on-the-national-debt
The portion of health spending paid by the government is growing.
https://www.pgpf.org/chart-archive/0090-composition-health-spending
Most infrastructure spending in the United States comes from state and local governments
https://www.pgpf.org/chart-archive/0274_federal_state_local_infrastructure_spending
State and local governments outspend the federal government in every infrastructure category
https://www.pgpf.org/chart-archive/0275_infrastructure_spending_by_category
Projections of federal healthcare spending have improved but are still climbing as a share of the economy.
https://www.pgpf.org/chart-archive/0200_healthcare_share_econ_proj
Budget Explainer: What's at Stake with Discretionary Spending Cuts
https://www.pgpf.org/budget-basics/budget-explainer-whats-at-stake-with-discretionary-spending-cuts
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
The top 20 percent of income earners receive over half the value of major tax expenditures.
https://www.pgpf.org/Chart-Archive/0199_distribution_tax_expenditures
Similar to previous years, this budget largely relies on very optimistic projections of economic growth and unlikely budget cuts to reduce the deficit.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.