Spending on Veterans in the Budget
This piece examines spending on veterans within the budget and outlines the factors that have pushed it higher in recent years.
https://www.pgpf.org/blog/2024/04/spending-on-veterans-in-the-budget
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This piece examines spending on veterans within the budget and outlines the factors that have pushed it higher in recent years.
https://www.pgpf.org/blog/2024/04/spending-on-veterans-in-the-budget
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2023.
The federal government is slated to borrow about $1.5 trillion this year, and that number is projected to nearly double over the next decade.
The child tax credit (CTC) is a measure administered though the tax code that is designed to make raising children more affordable by easing the financial burden faced by families.
https://www.pgpf.org/budget-basics/what-is-the-child-tax-credit
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
Healthcare spending in the United States is a key driver of the nation’s fiscal imbalance and has risen notably over the past few decades.
https://www.pgpf.org/blog/2024/03/7-key-facts-about-us-healthcare-spending
“The national debt is already $34 trillion, but as it grows over the next three decades, we’ll spend more than double that on interest alone,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/fci-press-release
Healthcare spending is a critically important part of the American economy and the federal budget.
“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.
Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals.
https://www.pgpf.org/budget-basics/budget-basics-what-is-sequestration