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Our charts frame the fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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Our polling tracks the public’s views about our fiscal and economic condition and the progress elected leaders are making in addressing it.
Latest Articles
The Fed Reduced the Short-Term Rate, but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
How No Tax on Overtime Will Affect Federal Revenues and Tax Fairness
This new, temporary deduction will cost $90 billion dollars over the next four years, while undermining tax equity and making the tax system more complex.
Infographic: The Facts About U.S. Defense Spending
National security is both a vital priority and a significant part of the federal budget.
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Sep 22, 2025
Chart Pack: Fiscal Outlook
The national debt is already at its highest level since just after World War II, and annual deficits are on an upward trajectory.
Sep 17, 2025
The Fed Reduced the Short-Term Rate, but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
Aug 12, 2025
The United States Is Adding to the National Debt Faster Than Ever
The nation’s debt is growing at a historic rate and eclipsing all-time highs.
Aug 12, 2025
Infographic: The National Debt Is Now More than $37 Trillion. What Does That Mean?
Although the national debt affects each of us, it may be difficult to put such a large number into perspective.
Aug 11, 2025
How Does the Aging of the Population Affect Our Fiscal Health?
As a large portion of the American population lives well beyond retirement age, the total cost of providing healthcare will grow as well.
Aug 5, 2025
News from the Quarterly Treasury Refunding Statement
The Treasury anticipates borrowing $1,597 billion over the next two quarters. This would be $215 billion more debt than it issued during the same period last year.
Jul 14, 2025
What Are Interest Costs on the National Debt?
Interest costs are on track to become the largest category of spending in the federal budget.