U.S. Defense Spending Compared to Other Countries
The United States spends more on defense than the next 9 countries combined.
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The United States spends more on defense than the next 9 countries combined.
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
While the last minute passage of a continuing resolution avoided a government shutdown, the relief may be only temporary.
https://www.pgpf.org/analysis/2016/10/happy-fiscal-new-year-2017
The Peter G. Peterson Foundation’s April Fiscal Confidence Index shows that Americans remain highly concerned about the nation’s fiscal health.
https://www.pgpf.org/press-release/2015/04/fci-press-release
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
Summer 2011 PGPF Fiscal Internship Program in Washington DC
https://www.pgpf.org/content/summer-2011-pgpf-fiscal-internship-program-in-washington-dc
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.
https://www.pgpf.org/chart-archive/0273_statutory_corporate_income_tax_rates
Eight popular tax provisions accounted for a large majority of annual tax expenditures.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures