FISCAL BLOG

Monthly Archive for May 2023

Federal spending for international affairs, which supports American diplomacy and development aid, is a small portion of the U.S. budget.

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The treatment of carried interest continues to be one of the most controversial elements of the U.S. tax code.

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SNAP is the largest federal program aimed at combating hunger and food insecurity among low-income Americans.

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The Federal Reserve plays an important role in stabilizing the country’s economy.

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The Congressional Budget Office (CBO) released updated budget and economic projections, which incorporate the effects of higher interest rates, annual appropriations, and other recent legislative and economic developments.

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The recent volatility in interest rates show that breaching the debt ceiling could make federal borrowing much more expensive.

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The nation’s high and rising levels of debt can affect economic growth and pose a number of risks.

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Expert Views: Fiscal Commission

We asked experts with diverse views from across the political spectrum to share their perspectives.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.