FISCAL BLOG

Debt held by the public would reach record levels relative to the size of the economy within the next two decades, and possibly as soon as 2032 — just 13 years from now.

Read More

Tax breaks totaled nearly $1.5 trillion in 2018. To put that in perspective, that’s more than the government spends on Social Security, Medicare, or defense.

Read More

Some lawmakers favor substantial increases to marginal tax rates. Let’s look at how marginal tax rates and brackets work.

Read More

Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.

Read More

High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the U.S.

Read More

Although the budget would achieve some deficit reduction on paper under the administration’s calculations, it fails to address the key drivers of our long-term debt and relies on overly-optimistic assumptions for economic growth.

Read More

The 50 U.S. states pull in over $2 trillion in revenue each year and, along with local governments, employ nearly 20 million people. A new report sheds light on budgets at the state level, grading performance and identifying best practices for improvement.

Read More

It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.

Read More

A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.

Read More

Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.

Read More

Ten Year Report

A decade of work addressing America's fiscal challenges to secure a healthy, growing economy.

FISCAL ISSUES ILLUSTRATED

This series of infographics helps put some of today's most pressing fiscal debates in context.