Blog Posts
Jul 19, 2021
The United States Spends More on Defense than the Next 11 Countries Combined
U.S. defense spending increased substantially from 2019 to 2020 relative to other countries.
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Blog Posts
Jul 16, 2021
What to Know About the New Monthly Child Tax Credit Payments
A key provision of the ARP advances half of the expected credit for 2021 in periodic payments, which have now begun.
https://www.pgpf.org/blog/2021/07/what-to-know-about-the-new-monthly-child-tax-credit-payments
Blog Posts
Jul 16, 2021
Does Lowering or Raising Corporate Taxes Affect How Businesses Invest in the Economy?
Adjustments to the U.S. corporate income tax system could influence the level of domestic investment, economic growth, and hiring; such adjustments would also alter the amount of revenues collected by the federal government, which would have an effect on the nation’s fiscal outlook.
Infographics
Jul 15, 2021
Infographic: The Facts About U.S. Defense Spending
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
Explainers
Jul 14, 2021
How Is K-12 Education Funded?
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
https://www.pgpf.org/budget-basics/how-is-k-12-education-funded
Programs & Projects
Jul 13, 2021
The Current Federal Deficit and Debt
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2020, charted out monthly and on a year-over-year basis.
Charts
Jul 10, 2021
U.S. Defense Spending Compared to Other Countries
The United States spends more on defense than the next 11 countries combined.
Charts
Jul 9, 2021
Trend in Defense Spending
Defense spending is projected to stay below its historical share of GDP.
Charts
Jul 9, 2021
U.S. Defense Spending Relative to the G7
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.
Charts
Jul 9, 2021
Spending on Foreign Affairs
Spending on foreign affairs accounts for slightly more than 1 percent of total federal spending.
https://www.pgpf.org/chart-archive/0239_foreign_affairs_spending