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A key assessment of poverty in America is the Official Poverty Measure (OPM), which is calculated by the United States Census Bureau using a range of income and economic data.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
Federal trust funds bear little resemblance to their private-sector counterparts.
Learn about steps you can take to help cure our fiscal ills.
Who Pays For Medicare?
Here are the top ten spending categories for the federal budget.
Most Medicaid dollars are spent on disabled and elderly beneficiaries, whose incomes and financial resources are low enough to qualify for the program.
Sequestration was designed to be a blunt instrument, whose arbitrary effects would be so undesirable that they would compel policymakers to reach compromise on budget legislation rather than allow the cuts to go into effect.
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.