FISCAL BLOG

Monthly Archive for April 2024

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 federal government spent $90 billion on housing assistance in 2021, an increase of almost 70 percent from the preceding year.

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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.

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Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2023.

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The President's budget includes a number of tax proposals that would increase revenues and reduce spending by $4.3 trillion over the next 10 years.

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Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.

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There are three widely used measures of federal debt. What are the important differences between these measurements?

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Solutions Initiative 2024

Seven think tanks from across the ideological spectrum all agree that we are on an unsustainable fiscal path, and we need to change course.

National Debt Clock

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