FISCAL BLOG

On March 15, 2018 the federal government passed an unfortunate milestone: $21 trillion dollars in gross federal debt.

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The Tax Cuts and Jobs Act will lower revenues significantly and made changes to both tax rates and bracket widths.

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There are separate limits on the amount of funding that can be provided for defense and nondefense purposes through the appropriation process.

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Proposed work requirements would be a major change in the way that Medicaid works, and would have important implications for the program, its beneficiaries, and the federal budget.

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Spending on children is shrinking as a percent of GDP.

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What is the Children’s Health Insurance Program? How it is financed? Who benefits from it?

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These charts illustrate some of the biggest fiscal policy stories from 2017.

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Congress has a proven track record of extending tax provisions without paying for them.

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Piling on more debt can harm our economy by crowding out private investment, reducing our fiscal flexibility, increasing the risk of a sharp jump in interest rates, and lowering confidence and certainty.

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Several independent organizations have analyzed the budgetary effects of the current tax reform proposals, and they are unanimous in projecting that the legislation would add substantially to our national debt.

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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.