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The National Flood Insurance Program (NFIP) is run by the federal government to reduce the impact of flooding on private and public structures.
https://www.pgpf.org/budget-basics/the-national-flood-insurance-program
Defense spending is projected to stay below its historical share of GDP.
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Most federal revenues come from individual income and payroll taxes
The federal government collects revenue from a variety of sources.
A wealth tax would impose a levy on assets owned by an individual or household — as opposed to, for example, an income tax.
https://www.pgpf.org/blog/2020/01/what-is-a-wealth-tax-and-should-the-united-states-have-one
The U.S. spent more on interest on the national debt than it has on other national priorities over the past decade.
https://www.pgpf.org/chart-archive/0308_interest_spending_priorities
Corporate and individual tax expenditures are large in comparison to annual taxes collected, as well as to the government’s major programs.
https://www.pgpf.org/chart-archive/0054_tax-expenditures-comparison
Six popular tax provisions accounted for a large majority of annual tax expenditures for individuals.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
Over one-third of American children are covered by Medicaid or the Children's Health Insurance Program (CHIP).
https://www.pgpf.org/chart-archive/0097_children_medicaid_chip
