Budget Basics Archive

Each year, some of the revenue the federal government collects comes from various taxes. In 2012, taxpayers paid almost $2.5 trillion, which the government used to partially fund $3.5 trillion worth of spending on Social Security, health care, and other programs in areas such as defense and education. The remainder of spending was funded through deficits.
The United States healthcare system is the most expensive in the world, and our healthcare costs are projected to keep rising. Despite these high costs, our health outcomes are generally no better than those of our peers, and in some cases are worse.
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
Through easy-to-understand language and charts, the State of the Union’s Finances explains the enormous fiscal challenges we face, based on the official financial statements of the U.S. government.
Sequestration is a process that cuts federal spending through across-the-board reductions.
Budget Explainer: What's at Stake with Discretionary Spending Cuts

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.