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Millennial households have relatively few assets.
The United States was in a more precarious fiscal position in 2020 than it was at the onset of the last six recessions.
Lawmakers have enacted a total of 124 continuing resolutions over the past 24 fiscal years.
Medicaid finances about one-third of all home health and nursing home care spending in the United States.
Medicare covers more than 40 percent of the nation's home health care bills and more than 20 percent of most other health services.
Hospital expenses are the largest category of Medicare spending, but their share has fallen over time.
On average, Medicare benefits far exceed taxes over an individual’s lifetime.
Federal taxes and transfers can help reduce disparities in income.
Eight popular tax provisions accounted for a large majority of annual tax expenditures.