Budget Basics: Tax Expenditures
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
The search found 15 results in 0.744 seconds.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
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.
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
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.
Compensation and medical care make up about 40 percent of the defense budget.
https://www.pgpf.org/chart-archive/0216_compensation_defense_budget
Defense spending is projected to stay below its historical share of GDP.
Spending on foreign affairs accounts for slightly more than 1 percent of total federal spending.
https://www.pgpf.org/chart-archive/0239_foreign_affairs_spending
Defense spending covers a wide range of activities.
https://www.pgpf.org/chart-archive/0314_defense_spending_categories