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As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries
Increasing the debt limit allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
Healthcare costs in the U.S. have increased drastically over the past several decades.
Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
Despite recent declines, U.S. household debt is still very high relative to disposable income.
The federal government collects revenue from a variety of sources.
Consumer out-of-pocket spending is declining as a share of national health spending.
The U.S. personal saving rate has fallen sharply over the past 40 years and remains low.