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The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
Medicare and Medicaid account for the majority of federal healthcare spending
Debt levels have risen in many sectors of the economy.
The U.S. personal saving rate increased drastically in 2020.
The U.S. national saving rate has declined significantly since the mid-1960s.
Despite recent declines, U.S. household debt is still very high relative to disposable income.
Medicare spending is expected to grow substantially.
Between 2006 and 2051, spending on federal health programs is projected to more than double.
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.